always<00:00:00.240> seems<00:00:00.480> to<00:00:00.560> be<00:00:00.640> the<00:00:00.719> rich<00:00:01.040> people<00:00:01.360> that

always seems to be the rich people that

always seems to be the rich people that get<00:00:01.680> all<00:00:01.839> these<00:00:02.000> schemes<00:00:02.399> and<00:00:02.639> we<00:00:02.879> poor<00:00:03.199> people

get all these schemes and we poor people

get all these schemes and we poor people don't<00:00:04.319> uh<00:00:04.560> let's<00:00:04.799> talk<00:00:05.040> to<00:00:05.279> inequality

don't uh let's talk to inequality

don't uh let's talk to inequality economist<00:00:07.200> gary<00:00:07.520> stevenson<00:00:08.160> good<00:00:08.400> evening

economist gary stevenson good evening

economist gary stevenson good evening gary

gary

gary hi<00:00:10.240> kevin<00:00:11.120> uh<00:00:11.599> yeah<00:00:12.160> i<00:00:12.320> mean<00:00:12.880> tony<00:00:13.200> and<00:00:13.360> sherry

hi kevin uh yeah i mean tony and sherry

hi kevin uh yeah i mean tony and sherry blair<00:00:13.920> didn't<00:00:14.240> break<00:00:14.559> any<00:00:14.799> laws<00:00:15.200> but<00:00:15.360> if<00:00:15.440> you

blair didn't break any laws but if you

blair didn't break any laws but if you read<00:00:15.920> through<00:00:16.160> it<00:00:16.560> it's<00:00:16.720> all<00:00:16.960> very<00:00:17.199> clever<00:00:17.920> all

read through it it's all very clever all

read through it it's all very clever all very<00:00:18.400> securities<00:00:19.119> and<00:00:19.279> guess<00:00:19.600> what<00:00:19.920> three

very securities and guess what three

very securities and guess what three hundred<00:00:20.320> and<00:00:20.480> twelve<00:00:20.800> thousand<00:00:21.279> pounds<00:00:21.920> in

hundred and twelve thousand pounds in

hundred and twelve thousand pounds in stamp<00:00:22.480> duty<00:00:22.800> that<00:00:22.960> you<00:00:23.199> or<00:00:23.359> i<00:00:23.519> would<00:00:23.760> have<00:00:23.840> had

stamp duty that you or i would have had

stamp duty that you or i would have had to<00:00:24.160> have<00:00:24.320> paid<00:00:24.800> they<00:00:25.119> didn't<00:00:25.599> totally<00:00:26.080> legally

to have paid they didn't totally legally

to have paid they didn't totally legally i<00:00:26.640> stress<00:00:27.279> uh<00:00:27.519> but<00:00:27.680> it's<00:00:27.840> the<00:00:28.000> kind<00:00:28.240> of<00:00:28.480> trick

i stress uh but it's the kind of trick

i stress uh but it's the kind of trick that<00:00:29.599> people<00:00:29.920> like<00:00:30.160> you<00:00:30.400> and<00:00:30.480> i<00:00:30.720> don't<00:00:31.039> get<00:00:31.279> and

that people like you and i don't get and

that people like you and i don't get and people<00:00:31.679> like<00:00:31.920> them<00:00:32.320> do<00:00:32.559> get

you<00:00:35.040> know<00:00:35.200> when<00:00:35.360> i<00:00:35.440> saw<00:00:35.680> this<00:00:35.840> story<00:00:36.239> the<00:00:36.320> first

you know when i saw this story the first

you know when i saw this story the first thing<00:00:36.719> i<00:00:36.800> thought<00:00:36.960> was<00:00:37.200> yeah<00:00:37.440> i<00:00:37.520> don't<00:00:37.680> know<00:00:37.760> if

thing i thought was yeah i don't know if

thing i thought was yeah i don't know if you've<00:00:38.559> you've<00:00:38.719> probably<00:00:38.960> noticed<00:00:39.200> this<00:00:39.360> as

you've you've probably noticed this as

you've you've probably noticed this as well<00:00:39.600> right<00:00:39.760> politicians<00:00:40.239> always<00:00:40.480> say<00:00:40.640> we're

well right politicians always say we're

well right politicians always say we're going<00:00:40.800> to<00:00:40.879> close<00:00:41.120> the<00:00:41.200> loopholes<00:00:41.600> we're<00:00:41.680> going

going to close the loopholes we're going

going to close the loopholes we're going to<00:00:41.840> close<00:00:42.000> the<00:00:42.079> loopholes<00:00:42.719> and<00:00:43.360> yeah<00:00:43.680> the

to close the loopholes and yeah the

to close the loopholes and yeah the loopholes<00:00:44.239> never<00:00:44.399> seem<00:00:44.719> to<00:00:44.879> get<00:00:45.200> close<00:00:45.600> right

loopholes never seem to get close right

loopholes never seem to get close right it's<00:00:46.160> sort<00:00:46.320> of<00:00:46.320> a<00:00:46.399> mystery<00:00:46.719> why<00:00:46.879> do<00:00:46.960> they<00:00:47.039> say

it's sort of a mystery why do they say

it's sort of a mystery why do they say it<00:00:47.280> but<00:00:47.360> they<00:00:47.440> don't<00:00:47.680> do<00:00:47.840> it<00:00:48.000> but<00:00:48.239> um

it but they don't do it but um

it but they don't do it but um you<00:00:49.039> know<00:00:49.200> when<00:00:49.360> we<00:00:49.520> see<00:00:50.000> people<00:00:50.320> like

you know when we see people like

you know when we see people like tony<00:00:51.520> blair<00:00:51.920> and<00:00:52.480> it's<00:00:52.559> not<00:00:52.640> just<00:00:52.800> tony<00:00:53.120> blair

tony blair and it's not just tony blair

tony blair and it's not just tony blair also<00:00:54.000> david<00:00:54.320> cameron<00:00:54.719> george<00:00:54.960> osborne<00:00:55.360> nick

also david cameron george osborne nick

also david cameron george osborne nick clegg<00:00:55.840> all<00:00:56.000> of<00:00:56.079> these<00:00:56.239> guys<00:00:56.719> when<00:00:56.879> they

clegg all of these guys when they

clegg all of these guys when they finished<00:00:57.680> working

finished working

finished working um<00:00:59.199> in<00:00:59.359> politics<00:01:00.239> they<00:01:00.399> went<00:01:00.640> straight<00:01:00.800> away

um in politics they went straight away

um in politics they went straight away and<00:01:01.120> got<00:01:01.359> multi-million<00:01:02.079> pound<00:01:02.320> jobs<00:01:02.719> working

and got multi-million pound jobs working

and got multi-million pound jobs working for<00:01:03.359> huge<00:01:03.600> corporations<00:01:04.400> so<00:01:04.720> you<00:01:04.879> know<00:01:04.960> when

for huge corporations so you know when

for huge corporations so you know when they're<00:01:05.360> in<00:01:05.519> office

they're in office

they're in office if<00:01:06.560> they're<00:01:06.720> thinking<00:01:07.200> after<00:01:07.439> this<00:01:07.680> i'm<00:01:07.760> gonna

if they're thinking after this i'm gonna

if they're thinking after this i'm gonna go<00:01:08.080> and<00:01:08.159> get<00:01:08.240> paid<00:01:08.479> 10<00:01:08.640> million<00:01:08.960> pounds<00:01:09.200> i

go and get paid 10 million pounds i

go and get paid 10 million pounds i think<00:01:09.360> david<00:01:09.600> cameron<00:01:09.840> made<00:01:10.080> about<00:01:10.320> 10

think david cameron made about 10

think david cameron made about 10 million<00:01:11.200> dollars<00:01:11.520> it<00:01:11.600> might<00:01:11.760> have<00:01:11.760> been<00:01:12.000> at

million dollars it might have been at

million dollars it might have been at greensville<00:01:12.960> if<00:01:13.119> they<00:01:13.280> think<00:01:13.439> well<00:01:13.520> i'm<00:01:13.600> going

greensville if they think well i'm going

greensville if they think well i'm going to<00:01:13.760> make<00:01:13.920> 10<00:01:14.080> million<00:01:14.320> dollars<00:01:14.560> straight<00:01:14.720> away

to make 10 million dollars straight away

to make 10 million dollars straight away when<00:01:15.040> i<00:01:15.200> leave<00:01:15.360> here<00:01:15.920> are<00:01:16.080> they<00:01:16.240> going<00:01:16.400> to

when i leave here are they going to

when i leave here are they going to close<00:01:16.799> tax<00:01:17.119> loopholes<00:01:17.759> for<00:01:18.400> millionaires<00:01:18.799> and

close tax loopholes for millionaires and

close tax loopholes for millionaires and billionaires<00:01:19.840> i<00:01:20.000> think<00:01:20.159> this<00:01:20.320> sort<00:01:20.479> of<00:01:20.880> tells

billionaires i think this sort of tells

billionaires i think this sort of tells us<00:01:21.280> why<00:01:21.439> then<00:01:21.600> when<00:01:21.680> you<00:01:21.759> look<00:01:21.840> at<00:01:21.920> who's<00:01:22.159> in

us why then when you look at who's in

us why then when you look at who's in power<00:01:22.479> now<00:01:22.799> boris<00:01:23.119> johnson

power now boris johnson

power now boris johnson which<00:01:25.360> is<00:01:25.439> so multi-millionaire

which is so multi-millionaire

which is so multi-millionaire literally<00:01:26.400> billionaire<00:01:27.040> father-in-law

literally billionaire father-in-law

literally billionaire father-in-law they're<00:01:28.560> probably<00:01:29.119> not<00:01:29.360> going<00:01:29.439> to<00:01:29.600> close

they're probably not going to close

they're probably not going to close these<00:01:30.000> loopholes<00:01:30.560> and<00:01:30.799> you<00:01:30.880> know<00:01:31.280> it<00:01:31.439> really

these loopholes and you know it really

these loopholes and you know it really makes<00:01:32.000> me<00:01:32.640> worry<00:01:32.960> about<00:01:33.119> what's<00:01:33.280> going<00:01:33.360> to

makes me worry about what's going to

makes me worry about what's going to happen<00:01:33.840> well<00:01:34.000> this<00:01:34.240> is<00:01:34.400> uh<00:01:34.720> these<00:01:34.960> pandora

happen well this is uh these pandora

happen well this is uh these pandora papers<00:01:36.479> they<00:01:36.640> come<00:01:36.960> after<00:01:37.360> the<00:01:37.600> panama<00:01:38.159> papers

papers they come after the panama papers

papers they come after the panama papers don't<00:01:38.799> they<00:01:39.439> uh<00:01:39.840> these<00:01:40.079> consist<00:01:40.479> of<00:01:40.560> 12

don't they uh these consist of 12

don't they uh these consist of 12 million<00:01:41.200> documents<00:01:41.680> from<00:01:41.840> 14<00:01:42.399> financial

million documents from 14 financial

million documents from 14 financial service<00:01:43.520> companies<00:01:44.399> uh<00:01:44.640> in<00:01:44.799> countries

service companies uh in countries

service companies uh in countries including<00:01:45.680> the<00:01:45.759> british<00:01:46.000> virgin<00:01:46.479> islands

including the british virgin islands

including the british virgin islands panama<00:01:47.439> belize<00:01:48.000> cyprus<00:01:48.560> and<00:01:48.720> the<00:01:48.799> united<00:01:49.360> arab

panama belize cyprus and the united arab

panama belize cyprus and the united arab emirates<00:01:50.240> singapore<00:01:50.720> switzerland<00:01:51.439> all<00:01:51.680> over

emirates singapore switzerland all over

emirates singapore switzerland all over the<00:01:52.000> world

the world

the world and<00:01:53.439> these<00:01:53.600> people's<00:01:54.079> money<00:01:54.560> swirls<00:01:55.200> around

and these people's money swirls around

and these people's money swirls around the<00:01:55.600> world<00:01:56.240> getting<00:01:56.560> involved<00:01:56.960> in<00:01:57.119> various

the world getting involved in various

the world getting involved in various schemes<00:01:58.079> saving<00:01:58.399> them<00:01:58.640> they're<00:01:58.880> here<00:01:59.439> saving

schemes saving them they're here saving

schemes saving them they're here saving them<00:02:00.240> there<00:02:01.040> uh<00:02:01.680> this<00:02:02.159> is<00:02:02.479> a<00:02:02.719> window<00:02:03.360> into<00:02:04.079> the

them there uh this is a window into the

them there uh this is a window into the rich<00:02:04.640> people's<00:02:05.200> tax<00:02:05.600> system<00:02:06.000> isn't<00:02:06.240> it

rich people's tax system isn't it

rich people's tax system isn't it yeah<00:02:07.920> you<00:02:08.000> know<00:02:08.239> i've<00:02:08.399> been<00:02:08.560> working<00:02:08.879> in<00:02:08.959> this

yeah you know i've been working in this

yeah you know i've been working in this sort<00:02:09.280> of<00:02:09.840> tax<00:02:10.239> justice<00:02:10.720> area<00:02:10.959> for<00:02:11.120> a<00:02:11.200> while<00:02:11.440> now

sort of tax justice area for a while now

sort of tax justice area for a while now and<00:02:12.000> nobody<00:02:12.400> works<00:02:12.640> this<00:02:12.879> area<00:02:13.120> is<00:02:13.200> surprised

and nobody works this area is surprised

and nobody works this area is surprised you<00:02:13.680> know<00:02:13.840> it's<00:02:14.239> you<00:02:14.400> know<00:02:14.560> you<00:02:14.640> mentioned<00:02:14.959> the

you know it's you know you mentioned the

you know it's you know you mentioned the panama<00:02:15.520> papers<00:02:15.840> there<00:02:15.920> was<00:02:16.080> also<00:02:16.319> the

panama papers there was also the

panama papers there was also the paradise<00:02:16.959> papers<00:02:17.360> in<00:02:17.440> between<00:02:17.920> i<00:02:18.080> mean<00:02:18.640> if<00:02:18.800> you

paradise papers in between i mean if you

paradise papers in between i mean if you work<00:02:19.200> in<00:02:19.360> this<00:02:19.520> area<00:02:19.840> and<00:02:19.920> you<00:02:20.000> know<00:02:20.239> i<00:02:20.400> talk<00:02:20.640> to

work in this area and you know i talk to

work in this area and you know i talk to economists<00:02:21.440> but<00:02:21.599> also<00:02:21.920> tax<00:02:22.160> accountants<00:02:22.640> and

economists but also tax accountants and

economists but also tax accountants and tax<00:02:23.040> lawyers<00:02:23.760> the<00:02:23.920> fact<00:02:24.239> is<00:02:24.640> the<00:02:24.800> super<00:02:25.120> rich

tax lawyers the fact is the super rich

tax lawyers the fact is the super rich they

they

they pay<00:02:26.720> very<00:02:26.959> low<00:02:27.120> rates<00:02:27.360> of<00:02:27.440> tax<00:02:27.680> because<00:02:28.080> they

pay very low rates of tax because they

pay very low rates of tax because they can

can

can um<00:02:29.680> they<00:02:29.920> they<00:02:30.080> pay<00:02:30.239> for<00:02:30.400> good<00:02:30.560> tax<00:02:30.800> advice

um they they pay for good tax advice

um they they pay for good tax advice that<00:02:31.200> lets<00:02:31.440> them<00:02:31.519> know<00:02:31.599> how<00:02:31.760> to<00:02:31.920> do<00:02:32.080> it<00:02:32.640> but

that lets them know how to do it but

that lets them know how to do it but also<00:02:34.160> politicians<00:02:34.720> are<00:02:34.879> not<00:02:35.040> closing<00:02:35.360> the

also politicians are not closing the

also politicians are not closing the loopholes<00:02:36.000> so

loopholes so

loopholes so you<00:02:37.200> know<00:02:37.519> we're<00:02:37.680> getting<00:02:38.400> again<00:02:38.720> and<00:02:38.800> again

you know we're getting again and again

you know we're getting again and again revelation<00:02:39.519> after<00:02:39.760> revelation<00:02:40.480> um

revelation after revelation um

revelation after revelation um it's<00:02:42.239> not<00:02:42.400> a<00:02:42.480> surprise<00:02:42.800> to<00:02:42.959> people<00:02:43.120> who<00:02:43.280> work

it's not a surprise to people who work

it's not a surprise to people who work in<00:02:43.519> this<00:02:43.680> area<00:02:43.920> the<00:02:44.000> fact<00:02:44.319> is<00:02:44.800> super<00:02:45.120> rich

in this area the fact is super rich

in this area the fact is super rich people<00:02:46.000> very<00:02:46.239> rich<00:02:46.480> people<00:02:46.959> millionaires<00:02:47.599> and

people very rich people millionaires and

people very rich people millionaires and billionaires

billionaires

billionaires pay<00:02:49.040> much<00:02:49.440> lower<00:02:49.840> rates<00:02:50.080> of<00:02:50.319> taxes<00:02:50.720> than<00:02:51.120> you

pay much lower rates of taxes than you

pay much lower rates of taxes than you or<00:02:51.680> me<00:02:51.920> or<00:02:52.239> listeners<00:02:52.720> because<00:02:52.879> they<00:02:53.040> can

or me or listeners because they can

or me or listeners because they can afford<00:02:53.920> extremely<00:02:54.319> expensive<00:02:54.879> accountants

afford extremely expensive accountants

afford extremely expensive accountants who<00:02:56.000> know<00:02:56.239> how<00:02:56.400> to<00:02:56.560> use<00:02:56.879> these<00:02:57.120> financial

who know how to use these financial

who know how to use these financial service<00:02:58.159> companies<00:02:59.040> around<00:02:59.440> the<00:02:59.599> world<00:02:59.840> but

service companies around the world but

service companies around the world but also<00:03:00.720> i<00:03:00.879> think<00:03:01.120> that<00:03:01.840> would<00:03:02.080> you<00:03:02.400> agree<00:03:03.280> with

also i think that would you agree with

also i think that would you agree with me<00:03:03.599> gary<00:03:03.920> that

me gary that

me gary that you<00:03:04.720> know<00:03:04.959> for<00:03:05.120> example<00:03:05.840> amazon<00:03:06.319> doesn't<00:03:06.640> pay

you know for example amazon doesn't pay

you know for example amazon doesn't pay very<00:03:07.040> much<00:03:07.280> tax<00:03:07.599> here<00:03:07.840> nor<00:03:08.000> does<00:03:08.239> facebook<00:03:08.800> nor

very much tax here nor does facebook nor

very much tax here nor does facebook nor do<00:03:09.280> google<00:03:09.840> they<00:03:10.080> all<00:03:10.239> don't<00:03:10.560> pay<00:03:10.879> all<00:03:11.120> that

do google they all don't pay all that

do google they all don't pay all that much<00:03:12.080> i<00:03:12.239> think<00:03:12.640> that's<00:03:12.879> because<00:03:13.120> the

much i think that's because the

much i think that's because the government<00:03:13.680> doesn't<00:03:14.000> want<00:03:14.159> to<00:03:14.319> make

government doesn't want to make

government doesn't want to make conditions<00:03:15.519> difficult<00:03:16.080> for<00:03:16.319> them<00:03:16.879> they<00:03:17.040> want

conditions difficult for them they want

conditions difficult for them they want to<00:03:17.440> encourage<00:03:17.840> them<00:03:18.080> to<00:03:18.239> be<00:03:18.480> here<00:03:19.120> so<00:03:19.360> that

to encourage them to be here so that

to encourage them to be here so that they're<00:03:20.080> a<00:03:20.400> big<00:03:21.120> company's<00:03:21.920> uh<00:03:22.400> prospering

they're a big company's uh prospering

they're a big company's uh prospering here<00:03:23.360> they<00:03:23.599> employ<00:03:23.920> a<00:03:24.000> lot<00:03:24.159> of<00:03:24.319> people<00:03:24.959> in

here they employ a lot of people in

here they employ a lot of people in other<00:03:25.280> words<00:03:25.519> they<00:03:25.680> turn<00:03:25.920> a<00:03:26.000> blind<00:03:26.400> eye<00:03:26.799> to<00:03:26.959> the

other words they turn a blind eye to the

other words they turn a blind eye to the fact<00:03:27.280> they<00:03:27.440> get<00:03:27.599> away<00:03:27.840> with<00:03:28.000> murder<00:03:28.319> when<00:03:28.480> it

fact they get away with murder when it

fact they get away with murder when it comes<00:03:28.799> to<00:03:28.879> their<00:03:29.120> taxes<00:03:29.599> right

comes to their taxes right

comes to their taxes right well<00:03:31.200> i<00:03:31.280> think<00:03:31.440> that<00:03:31.519> there's<00:03:31.760> two<00:03:31.920> separate

well i think that there's two separate

well i think that there's two separate things<00:03:32.400> here<00:03:32.560> right<00:03:32.720> there's<00:03:32.879> one<00:03:33.120> low

things here right there's one low

things here right there's one low corporation<00:03:33.840> of<00:03:34.000> taxation<00:03:34.640> uh<00:03:34.879> low<00:03:35.200> taxation

corporation of taxation uh low taxation

corporation of taxation uh low taxation of<00:03:35.760> corporations<00:03:36.319> sorry<00:03:36.560> and<00:03:36.720> also<00:03:36.959> low

of corporations sorry and also low

of corporations sorry and also low taxation<00:03:37.599> of<00:03:37.680> individuals<00:03:38.239> right<00:03:38.720> and<00:03:39.280> we

taxation of individuals right and we

taxation of individuals right and we have<00:03:39.519> to<00:03:39.680> ask<00:03:39.840> ourselves<00:03:40.159> why<00:03:40.319> did<00:03:40.480> the

have to ask ourselves why did the

have to ask ourselves why did the government<00:03:40.879> do<00:03:41.040> it<00:03:41.200> and<00:03:41.360> um

government do it and um

government do it and um they<00:03:42.560> often<00:03:42.879> do<00:03:43.040> suggest<00:03:43.360> you<00:03:43.440> know<00:03:43.599> we<00:03:43.760> need

they often do suggest you know we need

they often do suggest you know we need to<00:03:44.159> attract<00:03:44.480> these<00:03:44.720> companies<00:03:45.200> to<00:03:45.360> be<00:03:45.599> here<00:03:45.920> to

to attract these companies to be here to

to attract these companies to be here to do<00:03:46.400> business<00:03:46.720> here<00:03:47.440> um

do business here um

do business here um but<00:03:49.440> often<00:03:49.760> i<00:03:49.840> wonder<00:03:50.080> if<00:03:50.159> these<00:03:50.319> people<00:03:50.480> are

but often i wonder if these people are

but often i wonder if these people are not<00:03:50.720> paying<00:03:50.959> tax<00:03:51.360> and<00:03:51.519> they're<00:03:51.680> generating

not paying tax and they're generating

not paying tax and they're generating enormous<00:03:52.480> amounts<00:03:52.720> of<00:03:52.879> income

enormous amounts of income

enormous amounts of income you<00:03:54.640> have<00:03:54.799> to<00:03:54.879> wonder<00:03:55.280> what<00:03:55.519> are<00:03:55.680> they<00:03:56.159> really

you have to wonder what are they really

you have to wonder what are they really contributing<00:03:56.799> to<00:03:56.879> our<00:03:56.959> society<00:03:57.360> you<00:03:57.439> know

contributing to our society you know

contributing to our society you know companies<00:03:57.840> like<00:03:58.000> amazon<00:03:58.560> they<00:03:58.720> end<00:03:58.879> up

companies like amazon they end up

companies like amazon they end up producing<00:03:59.280> extremely

producing extremely

producing extremely low<00:04:00.799> paid<00:04:01.040> jobs<00:04:01.680> and<00:04:02.080> these<00:04:02.319> very<00:04:02.480> wealthy

low paid jobs and these very wealthy

low paid jobs and these very wealthy individuals<00:04:03.200> who<00:04:03.360> make<00:04:03.599> enormous<00:04:04.080> incomes

individuals who make enormous incomes

individuals who make enormous incomes and<00:04:04.480> pay<00:04:04.720> extremely<00:04:05.120> low<00:04:05.280> rates<00:04:05.519> of<00:04:05.599> tax<00:04:06.400> often

and pay extremely low rates of tax often

and pay extremely low rates of tax often the<00:04:06.879> net<00:04:07.040> effect<00:04:07.280> of<00:04:07.360> what<00:04:07.439> they<00:04:07.519> do<00:04:07.680> is<00:04:07.760> they

the net effect of what they do is they

the net effect of what they do is they push<00:04:08.159> our<00:04:08.239> house<00:04:08.480> prices<00:04:08.799> up<00:04:08.879> and<00:04:09.040> they<00:04:09.120> make

push our house prices up and they make

push our house prices up and they make housing<00:04:09.840> unaffordable<00:04:10.560> to<00:04:10.959> ordinary<00:04:11.439> people

housing unaffordable to ordinary people

housing unaffordable to ordinary people um<00:04:12.560> so<00:04:12.720> you<00:04:12.879> know<00:04:14.080> i'm<00:04:14.480> strongly<00:04:15.200> trying<00:04:15.519> to

um so you know i'm strongly trying to

um so you know i'm strongly trying to message<00:04:15.920> the<00:04:16.079> politicians<00:04:16.560> that<00:04:16.720> you<00:04:16.880> need<00:04:16.959> to

message the politicians that you need to

message the politicians that you need to do<00:04:17.120> something<00:04:17.359> about<00:04:17.519> this<00:04:17.680> because<00:04:18.000> if<00:04:18.160> you

do something about this because if you

do something about this because if you don't<00:04:18.560> tax<00:04:18.799> these<00:04:19.040> people<00:04:19.359> who<00:04:19.600> are<00:04:19.680> taking<00:04:20.000> a

don't tax these people who are taking a

don't tax these people who are taking a huge<00:04:20.479> chunk<00:04:20.639> of<00:04:20.799> our<00:04:20.959> national<00:04:21.280> income<00:04:21.919> you

huge chunk of our national income you

huge chunk of our national income you end<00:04:22.320> up<00:04:22.400> doing<00:04:22.639> things<00:04:22.800> like<00:04:23.040> raising

end up doing things like raising

end up doing things like raising national<00:04:23.680> insurance<00:04:24.160> which<00:04:24.320> is<00:04:24.400> raising<00:04:24.720> tax

national insurance which is raising tax

national insurance which is raising tax on

on

on ordinary<00:04:26.400> people<00:04:26.720> ordinary<00:04:27.120> workers<00:04:27.520> earning

ordinary people ordinary workers earning

ordinary people ordinary workers earning 20<00:04:28.160> 25<00:04:28.560> 30<00:04:28.800> grand<00:04:29.040> a<00:04:29.120> year<00:04:29.360> who<00:04:29.520> often<00:04:29.759> don't

20 25 30 grand a year who often don't

20 25 30 grand a year who often don't have<00:04:30.639> much<00:04:30.880> left<00:04:31.120> over<00:04:31.680> yeah<00:04:32.240> i<00:04:32.400> tell<00:04:32.639> you<00:04:32.880> uh

have much left over yeah i tell you uh

have much left over yeah i tell you uh and<00:04:33.440> of<00:04:33.520> course<00:04:34.000> putin

and of course putin

and of course putin emerges<00:04:35.759> from<00:04:36.000> this<00:04:36.240> as<00:04:36.400> frankly<00:04:36.960> uh<00:04:37.680> a<00:04:37.840> crook

emerges from this as frankly uh a crook

emerges from this as frankly uh a crook to<00:04:38.320> be<00:04:38.479> honest<00:04:38.639> with<00:04:38.800> you<00:04:38.960> and<00:04:39.040> they<00:04:39.199> say<00:04:39.360> he

to be honest with you and they say he

to be honest with you and they say he might<00:04:39.600> be<00:04:39.759> the<00:04:39.840> richest<00:04:40.240> person<00:04:40.560> in<00:04:40.639> the<00:04:40.720> world

might be the richest person in the world

might be the richest person in the world he's<00:04:41.280> siphoned<00:04:41.680> off<00:04:41.840> so<00:04:42.080> money

he's siphoned off so money

he's siphoned off so money yeah<00:04:44.560> well<00:04:44.960> he<00:04:45.120> can<00:04:45.360> try<00:04:45.520> and<00:04:45.680> sue<00:04:45.919> if<00:04:46.080> he<00:04:46.400> if<00:04:46.560> he

yeah well he can try and sue if he if he

yeah well he can try and sue if he if he wants<00:04:46.880> but<00:04:47.040> he<00:04:47.199> won't<00:04:47.919> um

wants but he won't um

wants but he won't um so<00:04:49.199> yeah<00:04:49.360> i<00:04:49.440> mean<00:04:49.600> we<00:04:49.759> have<00:04:49.919> a<00:04:50.000> massive<00:04:50.320> problem

so yeah i mean we have a massive problem

so yeah i mean we have a massive problem here<00:04:50.800> and<00:04:50.960> i<00:04:51.040> just<00:04:51.280> think<00:04:51.520> somewhere<00:04:51.759> or<00:04:51.840> other

here and i just think somewhere or other

here and i just think somewhere or other something<00:04:52.400> needs<00:04:52.639> to<00:04:52.720> be<00:04:52.880> done<00:04:53.040> about<00:04:53.280> it<00:04:53.440> gary

something needs to be done about it gary

something needs to be done about it gary wish<00:04:54.160> we<00:04:54.240> could<00:04:54.400> have<00:04:54.560> a<00:04:54.639> lot<00:04:54.960> longer<00:04:55.199> to<00:04:55.360> talk

wish we could have a lot longer to talk

wish we could have a lot longer to talk about<00:04:55.759> it<00:04:55.919> but<00:04:56.080> perhaps<00:04:56.320> we<00:04:56.560> can<00:04:56.960> reconvene<00:04:57.600> at

about it but perhaps we can reconvene at

about it but perhaps we can reconvene at a<00:04:57.919> different<00:04:58.240> time<00:04:58.560> and

a different time and

a different time and discuss<00:04:59.840> it<00:05:00.000> at<00:05:00.240> some<00:05:00.479> length<00:05:00.720> gary<00:05:01.039> stevens

discuss it at some length gary stevens

discuss it at some length gary stevens there<00:05:01.759> inequality<00:05:02.720> economist<00:05:03.440> on<00:05:03.520> the

there inequality economist on the

there inequality economist on the pandora<00:05:04.479> papers