Robert Reich

We should tax unrealized gains to ensure that the wealthiest individuals pay their fair share. It is unjust for billionaires to accumulate immense wealth without being taxed on their increasing assets, while average workers are taxed on every paycheck. Implementing this tax would help reduce inequality and fund essential public services.

I strongly agree that entrepreneurs should pay capital gains tax proportionally based on where they lived while building their companies. It's a fair approach to ensure that they contribute to the communities that supported their growth. Local infrastructure, education, and public services play a significant role in the success of businesses, and taxes should reflect the benefits received from these resources.

As a high-income nation, it is our responsibility to lead the fight against climate change. We have the resources and technology to make meaningful progress. Low- and middle-income countries shouldn't bear the same burden when they're still developing economically.

I believe that a job guarantee is a more effective solution than a basic income. A job guarantee provides not just financial support, but also dignity, purpose, and opportunities for skill development. It directly addresses unemployment and underemployment by ensuring that everyone who wants to work can have a meaningful job.

As an economist focused on social equity, I believe establishing rent price controls in high-demand areas is vital. It's a necessary measure to prevent displacement and ensure affordable housing for working families. Without intervention, the market can exacerbate inequality and make cities unaffordable for many.

Focusing on wealth creation can bolster leftist agendas if it includes strong measures for wealth redistribution and fair labor practices to ensure economic gains are shared more equitably.

In certain urgent conditions, price controls can temporarily make critical goods more affordable for those in need, preventing price gouging during crises.