Governments tax what’s easiest to see — not where the real money is.We tax income because it’s under the streetlight, while real wealth hides in the dark.(And If this makes sense, share it — the algorithm rarely taxes attention.)In this episode, I explore The Streetlight Effect — a bias that shapes everything from science to economics.We look for solutions where it’s comfortable, familiar, visible.And that’s exactly how governments build their tax systems:they shine the lamp on PAYE earners, and ignore the shadowlands of property, trusts, and offshore wealth.The result? Ordinary people get combed over while the keys to fairness — assets, portfolios, real capital — lie untouched.If we really want change, we’ve got to move the light.This is what a genuine wealth tax means: shining where the real wealth lies.I’m Barry Ferns – a comedian whose personal journey through failure, homelessness, and rebuilding led me to explore the socio and behavioural economics of inequality.This channel digs into how systems of power shape our identity, behaviour, and beliefs, and how we can shift the stories we tell ourselves and each other about poverty, inequality, and who’s to blame.Support Barry’s EconomicsHelp us stay independent and keep making videos like this.- https://www.buymeacoffee.com/barryseconomics- https://ko-fi.com/barryseconomics- https://www.patreon.com/barryseconomicsFollow and Subscribe for future videos!More about me: https://barryferns.co.uk/

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If you’re new to this, check out Gary's Economics first – his channel gives the structural and financial perspective. This one adds the lived, social and emotional side.Support Gary's Wealth Tax Campaign Here: https://buy.stripe.com/dRm4gs9Nl1L6eqWbUydjO00Want to see the stand-up side of all this?Find my live comedy and storytelling here:https://www.youtube.com/@mrbarryfernsTo learn more about my comedy club, Angel Comedy, and buy tickets for shows head here: https://www.angelcomedy.co.uk/

Why Governments Tax the Poor and Ignore the Rich - Barry's Economics

Barry's Economics