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Why are Gen-Z socialists obsessed with taxing billionaires? | The Economist

Posted

June 5, 2026

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"Tax the billionaires" is a rallying cry of Gen-Z socialists—not least because it makes for a compelling soundbite on TikTok. But what is the real cost of making the super wealthy pay for everything?

On the latest episode of Insider our editors make sense of Gen-Z socialism's economic plans.

#Mamdani #Tax #Wealth #Economics #GenZ

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Why are Gen-Z socialists obsessed with taxing billionaires? | The Economist · The Economist · Sentinel