How to Fix the Tax Code + the Problem With Corporate Jargon

Scott Galloway delivers a blistering critique of the U.S. tax code, arguing that a national sales tax is fundamentally regressive and cruel to low-income households—especially when they're already stretched thin by inflation and energy costs. Instead of taxing consumption, he champions a radical overhaul: slashing the estate tax exemption from $30 million to $1 million, taxing capital gains at income tax rates, and imposing a 40% alternative minimum tax on earners above $1 million and corporations making over $50 million. He calls this the 'least taxing' approach—because it hits only the wealthy who can afford it. Galloway also takes on corporate jargon, not as a linguistic quirk but as a symptom of a deeper cultural problem: managers who speak to impress rather than to lead. He urges leaders to listen more, ask better questions, and replace buzzwords with data. His advice to a young professional torn between a transformative job in London and a long-distance relationship? Finish the contract, double down on excellence, and use the time to plan a future where both career and love can thrive together—because time, especially at 25, vanishes faster than you think.