This is an AI-written (but human-edited) summary of Gary’s recent video: Why The Economist Hates Wealth Taxes Wealth taxes are on the cover of The Economist this week. Zack Polanski and Zohran Mamdani are pictured. The magazine is against them. We’ve read it so you don’t have to. What The Economist Says The Economist runs two articles on wealth taxes and barely bothers to argue against them. The substantive objections amount to two sentences: wealth taxes would be “confiscatory,” and “seizing the assets of society’s most productive people is a road to economic ruin.” Gary takes each apart in turn. Every…