Garys Economics

A wealth tax in the UK is becoming unavoidable

June 7, 2026·39 min
Episode Description from the Publisher

Are we about to get a new Prime Minister in the UK? The change in leadership may be the best chance we've ever had of winning wealth taxes in this country. And it could be a blueprint for other countries around the world.Chapters(00:00) Intro(00:36) UK situation(02:18) Who will be the new Prime Minister in the UK?(03:41) A poisoned chalice?(07:57) Strong position to get wealth taxes(11:13) I will back Labour if they do this(15:45) Adopting our political framing(22:01) Would Andy Burnham really be different?(25:11) The markets refuse to lend the UK anymore(28:09) What happens if we DO get wealth taxes?(31:01) We need to tackle long-term problems(34:13) MY PREDICTIONS(34:57) The progress we’ve made

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