westminster<00:00:01.040> and<00:00:01.680> inherited<00:00:02.399> i<00:00:02.560> think

westminster and inherited i think

westminster and inherited i think 9<00:00:03.520> billion<00:00:03.919> pounds<00:00:04.319> and<00:00:04.480> paid<00:00:04.720> nothing<00:00:05.520> so<00:00:05.839> we

9 billion pounds and paid nothing so we

9 billion pounds and paid nothing so we currently<00:00:06.399> live<00:00:06.640> in<00:00:06.720> a<00:00:06.879> system<00:00:07.200> where

people<00:00:10.000> from<00:00:10.639> poor<00:00:10.880> and<00:00:10.960> ordinary

people from poor and ordinary

people from poor and ordinary backgrounds<00:00:12.240> who<00:00:12.480> earn

backgrounds who earn

backgrounds who earn decent<00:00:14.400> amounts<00:00:14.639> of<00:00:14.719> money<00:00:14.880> pay<00:00:15.040> very<00:00:15.200> high

decent amounts of money pay very high

decent amounts of money pay very high tax<00:00:15.920> but<00:00:16.160> people<00:00:16.400> from<00:00:16.720> very<00:00:17.039> very

tax but people from very very

tax but people from very very rich<00:00:18.320> backgrounds<00:00:19.359> can<00:00:19.600> earn<00:00:19.920> unbelievable

rich backgrounds can earn unbelievable

rich backgrounds can earn unbelievable crazy<00:00:20.800> amounts<00:00:21.039> of<00:00:21.119> money<00:00:21.279> it's<00:00:21.439> important<00:00:21.680> to

crazy amounts of money it's important to

crazy amounts of money it's important to realize<00:00:22.080> you<00:00:22.160> know<00:00:22.560> this<00:00:22.720> guy

realize you know this guy

realize you know this guy made<00:00:24.000> more<00:00:24.160> than<00:00:24.320> a<00:00:24.400> thousand<00:00:24.720> times<00:00:24.960> what<00:00:25.119> i

made more than a thousand times what i

made more than a thousand times what i made<00:00:25.599> and<00:00:25.760> paid<00:00:26.000> less<00:00:26.160> tax<00:00:26.400> than<00:00:26.560> me

made and paid less tax than me

made and paid less tax than me it's<00:00:27.680> pretty<00:00:27.920> crazy<00:00:28.240> right<00:00:28.400> and<00:00:28.560> when<00:00:28.720> you

it's pretty crazy right and when you

it's pretty crazy right and when you look<00:00:28.960> at<00:00:29.039> it<00:00:29.119> like<00:00:29.279> that<00:00:29.599> you<00:00:29.760> have<00:00:29.920> to<00:00:30.080> kind<00:00:30.240> of

look at it like that you have to kind of

look at it like that you have to kind of accept<00:00:30.640> that<00:00:31.279> we<00:00:31.439> actually<00:00:31.679> have<00:00:31.760> quite

accept that we actually have quite

accept that we actually have quite basically<00:00:32.399> a<00:00:32.559> class-based<00:00:33.120> tax<00:00:33.280> system

basically a class-based tax system

basically a class-based tax system whereas<00:00:34.800> people<00:00:35.120> from<00:00:35.360> my<00:00:35.520> sort<00:00:35.680> of

whereas people from my sort of

whereas people from my sort of background<00:00:36.239> my<00:00:36.399> sort<00:00:36.559> of<00:00:36.719> voice

background my sort of voice

background my sort of voice and<00:00:38.000> you<00:00:38.079> know<00:00:38.239> you<00:00:38.320> don't<00:00:38.480> need<00:00:38.559> to<00:00:38.640> be<00:00:38.719> from

and you know you don't need to be from

and you know you don't need to be from london<00:00:39.120> you<00:00:39.200> could<00:00:39.360> be<00:00:39.520> from<00:00:39.760> wherever

london you could be from wherever

london you could be from wherever glasgow<00:00:40.879> or<00:00:41.040> manchester<00:00:41.600> or<00:00:41.840> birmingham<00:00:42.320> you

glasgow or manchester or birmingham you

glasgow or manchester or birmingham you know<00:00:42.800> people<00:00:43.040> from<00:00:43.280> ordinary<00:00:43.760> backgrounds

know people from ordinary backgrounds

know people from ordinary backgrounds who<00:00:45.600> earn<00:00:46.320> high<00:00:46.559> incomes<00:00:47.039> sometimes<00:00:47.360> not<00:00:47.520> even

who earn high incomes sometimes not even

who earn high incomes sometimes not even crazy<00:00:47.920> high<00:00:48.079> incomes<00:00:48.399> pay<00:00:48.559> 50<00:00:48.800> percent<00:00:49.520> people

crazy high incomes pay 50 percent people

crazy high incomes pay 50 percent people from<00:00:49.840> very<00:00:50.000> wealthy<00:00:50.320> backgrounds<00:00:50.960> can<00:00:51.120> earn

from very wealthy backgrounds can earn

from very wealthy backgrounds can earn billions<00:00:51.600> and<00:00:51.680> pay<00:00:51.840> nothing<00:00:52.399> so<00:00:52.559> we<00:00:52.719> currently

billions and pay nothing so we currently

billions and pay nothing so we currently have<00:00:53.120> a<00:00:53.199> system<00:00:53.520> where

have a system where

have a system where we're<00:00:55.039> already<00:00:55.360> taxing

we're already taxing

we're already taxing earners<00:00:57.840> but<00:00:58.000> we're<00:00:58.160> not<00:00:58.239> actually<00:00:58.480> taxing

earners but we're not actually taxing

earners but we're not actually taxing these<00:00:58.960> very<00:00:59.120> wealthy<00:00:59.440> families