# How To Actually Tax The Rich — ft. Ray Madoff

Page: https://stenobird.com/podcast/prof-g-markets-6899881/how-to-actually-tax-the-rich-ft-ray-madoff
Text version: https://stenobird.com/podcast/prof-g-markets-6899881/how-to-actually-tax-the-rich-ft-ray-madoff.md
Podcast: [Prof G Markets](https://stenobird.com/podcast/prof-g-markets-6899881)
Published: 2026-05-22T08:15:00+00:00
Episode link: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/pscrb.fm/rss/p/mgln.ai/e/257/traffic.megaphone.fm/VMP7211305513.mp3?updated=1779393533
Audio file: https://www.podtrac.com/pts/redirect.mp3/pdst.fm/e/pscrb.fm/rss/p/mgln.ai/e/257/traffic.megaphone.fm/VMP7211305513.mp3?updated=1779393533
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Duration seconds: 3775

## Resource

Scott Galloway and Ed Elson sit down with Ray Madoff to break down how America's wealthiest avoid taxes — legally. They dig into the biggest loophole the ultrawealthy use to their advantage and discuss what it would actually take to fix a system that was designed to fail. Ray Madoff is a professor at Boston College Law School and the author of The Second Estate: How the Tax Code Made an American Aristocracy. Get your tickets to the Prof G Markets tour Subscribe to the Prof G Markets Youtube Channel Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

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## Transcript

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