#54 – EXPLAINED: Gary Stevenson vs Daniel Priestley on Diary of a CEO | Breaking Down Wealth Inequality

In this episode, two finance professionals discuss the viral debate between Daniel Priestley and Gary Stevenson on The Diary of a CEO.

With wealth inequality at the forefront of global discourse, is a wealth tax really practical? We unpack and explain their clashing views on economic freedom, taxation, and government policy.

We explore the most controversial solutions to narrowing the wealth gap and discuss some bold ideas such as a 100% inheritance tax, a land value tax, and taxing unrealised gains,

We also look at the impact of AI, globalisation, and property prices on the economic landscape—and what it all means for the future of wealth creation and distribution.

00:03 Debate Breakdown: Daniel Priestley vs. Gary Stevenson

01:39 Key Points of Agreement and Disagreement

04:05 Economic Freedom and Entrepreneurship

04:29 Wealth Inequality and Taxation

11:00 Global Economic Policies and Their Impact

17:05 Profit Shifting and Consumption Tax

32:07 Inheritance Tax and Wealth Distribution

35:46 Unlocking Unrealised Gains

36:34 100% Inheritance Tax and Its Implications

38:39 Property Prices and Housing Crisis

42:30 Why Gary is Wrong about the History of Property Ownership

44:05 The Truth About the UK Under High Taxation

49:41 Land Value Tax as a Solution

01:00:58 Quantitative Easing and Inequality

Hosted on Acast. See acast.com/privacy for more information.