Wealth Taxation - Pros, Cons and Evaluation

Wealth Taxation. Video covering what a wealth tax is as well as the pros, cons and evaluation
For Products, Services and Bookings visit econplusdal.com
Instagram: / econplusdal
Twitter: / econplusdal
Facebook: www.facebook.c...
End Music: Relax by Peyruis / peyruis Creative Commons - Attribution 3.0 Unported - CC BY 3.0 creativecommons... Music promoted by Audio Library • Relax - Peyruis (No Co...

[@ishratalam9082]

watching this 2 hours before the exam, tysm dal xxx

[@jackroyall4730]

Imagine

[@sweetheart6729]

ive been watching your videos since my IGCSE’S and youve been so incredibly helpful to my study routine, I cant thank you enough! I follow the Cambridge syllabus but these videos still match most of my topics, thankfully. I got an A* in IGCSE’s and an A for AS levels thanks to your videos and the notes I prepared while watching them. Im now studying for A2 and Im so excited to see whats ahead. Thank you so much for these resources :)

[@hvh6368]

We going to get a live stream tomorrow dal?

[@Rayyan_8910]

He said 7pm tomorrow

[@hvh6368]

@@Rayyan_8910 where’d he say that?

[@cixato3671]

@@Rayyan_8910Yes rayyan its ammaar sufyaans mate

[@shadowspider4140]

Anyone else here stressed for the exam on Thursday?

[@I-_.-S--_._--D07]

me.

[@MCart1215]

Yes

[@void1132]

Yeah

[@datlegend1254]

​@@MCart1215 someone told me you were dead

[@itsoli5208]

@@datlegend1254 bcs reference

[@JohnSmith-rb4sn]

In the evaluation, could you mention the laffer curve when deciding the rate, or is that only for income tax. Cheers dal

[@jakepeto2496]

I think the concept can be applied to other forms of taxation as well, such as corporate taxes or consumption taxes. But it was initially used to demonstrate the effects on gov rev with changes to income tax rates

[@lakipalaniappan]

I see this was recorded pre-"the dal fade"

[@mainbraine]

Glad i wasn't the only one to notice it :)

[@MCart1215]

Can you tell me what happens to demand when it is PED perfectly elastic and the price falls please

[@maldarkangel]

This guy is pretty hard for a wealth tax xD loads more negatives here and many of the so called benefits are not linked to wealth taxes at all but are part of government failure to protect enterprise from regulatory/legal monopolistic actions from big business.

[@FLAMEalan]

Well, I absolutely fumbled that test. In the exam I just couldn't get the same level of analysis as I usually could do at home. Wasted so much time on Section A, I had to rush Section B and even then I did not finish the 15 marker. I am so screwed.

[@samfitzgerald7951]

Still got paper 2 and paper 3 to catch up, not too much of an issue.

[@callumburrell9383]

That is literally what happened to me, wasted so much time on the 10 marker.

[@Jshegruwiwlw]

@@callumburrell9383 me too I spent so long on the 10 marker and flopped the rest

[@Musakhan-mo4ts]

@@callumburrell9383 what did you get

[@wibbers4578]

Here is my best-to-remember paper 1. Its not in order but general idea. Section A. q1. Opportunity cost diagram - work out the opportunity cost for a farmer. (Wheat and oats) Q2. Explain the consequences of being behind PPF. Q3. What can the farmer do to go beyond the PPF? (Investment) Q4. Which economic thinker proposed a planned economy (Marx) q5. Explain one disadvantage to a planned economy. q6. explain the increase in consumer surplus (mark out the area, multiple choice) q7. SECTION B Sources are Netflix, prime etc. q1. What market structure does the video streaming market have. (oligopolistic) Q2. How rational are Consumers (Netflix) 8 marks? - Q3. Explain the XED between different goods. 12 marks Q4. Explain how price discrimination can increase profits by 15 marks SECTION C Question 1. Government intervention in controlling ENERGY prices for consumers. Question 2. Government intervention to CONTROL CO2 EMISSIONs. WHY WERE THEY BOTH GOVERNMENT INTERVENTIONS.

[@jts0457]

12 marker was private and external benefits of bbc bitesize

[@مدرسةالنحوالاستاذرامي]

Wealth tax is basically Zakat in islam but Zakat doesnt have all the issues like admin challenges, tax loopholes and risk of emigration because its in the religion to you have to calculate your own zakat and still have to pay it even if you go to a different country as its part of the religion. Btw its only 2.5% on the money that has not changed in a whole year, so say u had 100k 2022, then start of 2023 u had 110k then u only pay 2.5% on 100k

[@mydreamiitian_zahra-dream2028]

😍

[@jts0457]

who else thought that was actually pretty decent, 25 marker was a blessing

[@Rayyan_8910]

Thanks goat Dal

[@datlegend1254]

Hes a human mate

[@Rayyan_8910]

@@datlegend1254 quit being a negative externality

[@maheerhuq6708]

jus finished ib econ thanks to u

[@shahinaozod4181]

how was it

[@maheerhuq6708]

@@shahinaozod4181 Paper 1 was alright, 2 and 3 were cakewalks

[@_reaperzz8479]

GOLD!!!!

[@my1vice]

Pie in the sky. Name a country with a "wealth tax" that doesn't have an "income inequality" problem.

[@sebfday26]

Please GCSE AQA econ vid i beg, need massive help for paper 2

[@nrlares1244]

Econ+dal is a fed

[@AlevelStudent-c1y]

Is windfall and a asset price bubble the same thing ?

[@PippaLloyd]

No, an asset price bubble is when the prices of an asset such as a house rises due to speculation. A windfall is when a firm makes higher profits than expected due to external factors. E.g. oil companies made windfalls this year because of commodity inflation.

[@AlevelStudent-c1y]

@@PippaLloyd Thanks, makes sense

[@rosettegolda232]

Dal - your livestream isnt working

[@sameerkamran534]

Dal we’re done w econ, this video is late 😭😭

[@kim-dl5zb]

how was it what were ur questionssa

[@sameerkamran534]

cant rmbr for my life 😭

[@sameerkamran534]

@T€RB lowkey i got a bad habit of forgetting things quick 💀 it wasnt a bad exam tho i think i did decent,

[@louisrobson9959]

dal fix your live stream mate

[@tomhouldcroft3179]

Hi Sam

[@samfitzgerald7951]

Hi Tom

[@huw1686]

Hi Tom

[@JinsuWanted]

Hi tom

[@thomaswilmot3477]

Hi tom

[@RobHolding352]

DAL YOUR STREAMS FROZEN