Wealth Tax? Could Britain's Billionaires Pay for the Pandemic?

The video discusses the economic challenges faced post-pandemic, focusing on the budget deficit and the proposal of a wealth tax as a solution. It explains the concept of a wealth tax, its potential implementation, and the impact of different models. The video also covers criticisms and potential downsides, such as fairness and the effect on savings.

What recommendations did the London School of Economics make regarding the definition of wealth for a wealth tax?

What potential benefits could arise from implementing a wealth tax according to the text?

What are some arguments against the implementation of a wealth tax?