if<00:00:00.160> you<00:00:00.240> know<00:00:00.399> your<00:00:00.560> history<00:00:00.919> can<00:00:01.079> you<00:00:01.240> point

if you know your history can you point

if you know your history can you point to<00:00:01.599> a<00:00:01.800> period<00:00:02.120> in<00:00:02.320> UK<00:00:02.720> history<00:00:03.040> for<00:00:03.200> example

to a period in UK history for example

to a period in UK history for example where<00:00:04.960> massively<00:00:05.799> punishing<00:00:06.799> rich<00:00:07.120> people<00:00:07.480> by

where massively punishing rich people by

where massively punishing rich people by massively<00:00:08.400> taxing<00:00:08.840> them<00:00:09.320> has<00:00:09.639> actually

massively taxing them has actually

massively taxing them has actually benefited<00:00:10.880> the<00:00:11.040> country<00:00:11.599> listen<00:00:12.400> I<00:00:12.519> can't

benefited the country listen I can't

benefited the country listen I can't really<00:00:13.240> my<00:00:13.759> dad<00:00:14.759> is<00:00:14.920> born<00:00:15.200> in<00:00:15.600> 57<00:00:16.600> who<00:00:16.720> work<00:00:16.920> for

really my dad is born in 57 who work for

really my dad is born in 57 who work for the<00:00:17.160> Post<00:00:17.800> Office<00:00:18.800> Royal<00:00:19.119> male<00:00:19.840> 35<00:00:20.279> years

the Post Office Royal male 35 years

the Post Office Royal male 35 years never<00:00:20.920> never<00:00:21.119> once<00:00:21.359> earned<00:00:22.320> more<00:00:22.600> than<00:00:23.560> the

never never once earned more than the

never never once earned more than the average<00:00:24.039> wage<00:00:24.240> in<00:00:24.320> the<00:00:24.439> country<00:00:25.039> he<00:00:25.160> was<00:00:25.320> able

average wage in the country he was able

average wage in the country he was able to<00:00:25.599> buy<00:00:25.760> a<00:00:25.880> house<00:00:26.359> support<00:00:26.679> a<00:00:26.800> family<00:00:27.359> my

to buy a house support a family my

to buy a house support a family my parents<00:00:27.720> are<00:00:27.880> retired<00:00:28.320> now<00:00:28.599> they<00:00:28.720> own<00:00:28.920> their

parents are retired now they own their

parents are retired now they own their own<00:00:29.199> property<00:00:29.679> their<00:00:29.960> financially<00:00:30.359> secure

own property their financially secure

own property their financially secure that's<00:00:31.160> not<00:00:31.279> possible<00:00:31.640> now<00:00:32.559> he<00:00:32.680> lived<00:00:32.920> in<00:00:33.040> an

that's not possible now he lived in an

that's not possible now he lived in an era<00:00:34.040> where<00:00:34.160> the<00:00:34.280> top<00:00:34.480> rate<00:00:34.640> of<00:00:34.760> tax<00:00:35.160> was<00:00:35.480> much

era where the top rate of tax was much

era where the top rate of tax was much much<00:00:36.239> much<00:00:36.520> higher<00:00:36.920> the<00:00:37.000> 50s<00:00:37.559> the<00:00:37.680> 60s<00:00:38.200> the<00:00:38.320> 70s

much much higher the 50s the 60s the 70s

much much higher the 50s the 60s the 70s in<00:00:38.920> the<00:00:39.040> UK<00:00:39.600> in<00:00:39.719> the<00:00:39.840> US<00:00:40.360> the<00:00:40.520> top<00:00:40.719> rate<00:00:40.960> of<00:00:41.320> tax

in the UK in the US the top rate of tax

in the UK in the US the top rate of tax on<00:00:41.840> larg<00:00:42.239> States<00:00:42.559> was<00:00:42.800> significantly<00:00:43.440> higher

on larg States was significantly higher

on larg States was significantly higher and<00:00:43.920> in<00:00:44.160> that<00:00:44.399> time<00:00:44.640> period<00:00:45.280> it's<00:00:45.440> not<00:00:45.559> a

and in that time period it's not a

and in that time period it's not a coincidence<00:00:46.559> Ordinary<00:00:47.079> People<00:00:47.520> could<00:00:47.760> afford

coincidence Ordinary People could afford

coincidence Ordinary People could afford to<00:00:48.199> buy<00:00:48.480> houses<00:00:48.960> they<00:00:49.079> could<00:00:49.239> afford<00:00:49.440> to

to buy houses they could afford to

to buy houses they could afford to listen<00:00:50.160> this<00:00:50.239> is<00:00:50.399> not<00:00:50.559> normal<00:00:51.000> okay<00:00:52.000> read<00:00:52.199> your

listen this is not normal okay read your

listen this is not normal okay read your history<00:00:52.680> right<00:00:53.079> we<00:00:53.320> Charles<00:00:53.559> Dickens<00:00:54.079> Charles

history right we Charles Dickens Charles

history right we Charles Dickens Charles Dickens<00:00:55.079> in<00:00:55.239> this<00:00:55.399> country<00:00:55.680> we're<00:00:55.840> talking<00:00:56.039> in

Dickens in this country we're talking in

Dickens in this country we're talking in right<00:00:56.440> now<00:00:56.879> 150<00:00:57.559> years<00:00:57.719> ago<00:00:58.199> ordinary

right now 150 years ago ordinary

right now 150 years ago ordinary ordinary<00:00:59.239> men<00:00:59.399> and<00:00:59.519> women<00:01:00.000> in<00:01:00.120> Desperate

ordinary men and women in Desperate

ordinary men and women in Desperate poverty<00:01:01.079> okay<00:01:01.800> that's<00:01:01.960> going<00:01:02.039> to<00:01:02.199> happen

poverty okay that's going to happen

poverty okay that's going to happen again