We Need to Tax Billionaires

'The most important economist in the world today' GARY STEVENSON 'Read it, share it and let's get on with it' RUTGER BREGMAN 'Zucman knows more about billionaires and their wealth than anyone but the billionaires themselves' OLIVER BULLOUGH Why do billionaires pay less tax than you? Billionaires often pay a lower income tax rate than nurses, teachers and almost everyone else - sometimes close to zero. This isn't tax evasion, it's the system. In this explosive manifesto, Gabriel Zucman - the economist revolutionising the study of inequality - reveals how the ultra-rich dodge billions using havens, loopholes and political influence, while public services are breaking. Until we understand the hidden rules that protect extreme wealth, inequality will keep rising and democracy will keep losing. This game-changing book finally shows us how making the ultra-rich pay their fair share is possible, and why now is the moment. 'Builds the case that the world needs' ABHIJIT BANERJEE AND ESTHER DUFLO 'Billionaires have . . . finally met their match in Gabriel Zucman' ABIGAIL DISNEY

Gabriel Zucman is a professor at the École normale supérieure - PSL and director of the European Tax Observatory at the Paris School of Economics. His research focuses on the accumulation, distribution, and taxation of wealth and has renewed the economic analysis of globalization. In 2023, he received the John Bates Clark Medal from the American Economic Association.