Dossier
We Need to Tax Billionaires
Coverage of We Need to Tax Billionaires in the Nexus archive.
- The era of trillionaires will be dire for democracy. Here is how we can fight back | Gabriel Zucman
The article argues that extreme wealth, exemplified by Elon Musk's trillion-dollar fortune, creates a tension with democracy by enabling power to stifle competition, shape discourse, and influence policymaking. It highlights the risks of trillionaires to democratic systems and calls for measures like taxing billionaires to address the issue.