yeah<00:00:00.420> it's<00:00:00.539> very<00:00:00.780> pertinent<00:00:01.199> right<00:00:01.380> now<00:00:01.500> you

yeah it's very pertinent right now you

yeah it's very pertinent right now you know<00:00:01.920> it's<00:00:02.460> in<00:00:02.700> the<00:00:02.879> newspapers<00:00:03.300> very

know it's in the newspapers very

know it's in the newspapers very significantly<00:00:03.959> that<00:00:04.200> some<00:00:04.560> senior<00:00:05.100> members

significantly that some senior members

significantly that some senior members of<00:00:05.520> government<00:00:05.640> might<00:00:06.000> be<00:00:06.180> close<00:00:06.420> within

of government might be close within

of government might be close within their<00:00:06.960> families<00:00:07.259> to<00:00:07.440> some<00:00:07.560> level<00:00:07.740> of<00:00:07.799> tax

their families to some level of tax

their families to some level of tax avoidance<00:00:08.460> you<00:00:08.700> know<00:00:08.820> listen<00:00:09.540> I<00:00:09.960> I<00:00:10.139> ain't<00:00:10.380> a

avoidance you know listen I I ain't a

avoidance you know listen I I ain't a lot<00:00:10.500> of<00:00:10.620> money<00:00:10.740> okay<00:00:11.040> and<00:00:11.280> I<00:00:11.400> I<00:00:11.580> have<00:00:11.880> money<00:00:11.940> by

lot of money okay and I I have money by

lot of money okay and I I have money by working<00:00:12.300> and<00:00:12.660> to<00:00:12.719> be<00:00:12.840> honest<00:00:12.960> sometimes<00:00:13.320> I

working and to be honest sometimes I

working and to be honest sometimes I think<00:00:13.559> it<00:00:13.679> was<00:00:13.740> ridiculous<00:00:14.040> amount<00:00:14.280> of<00:00:14.340> money

think it was ridiculous amount of money

think it was ridiculous amount of money I<00:00:14.580> was<00:00:14.639> paid<00:00:14.759> for<00:00:14.880> work<00:00:15.059> but<00:00:15.240> I<00:00:15.360> paid<00:00:15.480> 50<00:00:15.719> tax<00:00:16.199> at

I was paid for work but I paid 50 tax at

I was paid for work but I paid 50 tax at that<00:00:16.619> time<00:00:16.740> there<00:00:16.920> was<00:00:17.100> a<00:00:17.220> temporary<00:00:17.580> 50

that time there was a temporary 50

that time there was a temporary 50 income

income

income tax<00:00:19.680> threshold<00:00:20.279> which<00:00:20.520> I<00:00:20.640> paid

tax threshold which I paid

tax threshold which I paid um

um

um and<00:00:23.100> yet<00:00:23.279> The<00:00:23.460> Duke<00:00:23.580> of<00:00:23.760> Westminster<00:00:24.180> inherits

and yet The Duke of Westminster inherits

and yet The Duke of Westminster inherits eight<00:00:24.840> billion<00:00:25.080> pounds<00:00:25.320> and<00:00:25.380> pays<00:00:25.619> nothing

eight billion pounds and pays nothing

eight billion pounds and pays nothing you<00:00:26.880> know<00:00:27.000> so<00:00:27.660> I'm<00:00:28.260> probably<00:00:28.500> in<00:00:28.680> the<00:00:28.740> top<00:00:28.859> one

you know so I'm probably in the top one

you know so I'm probably in the top one percent<00:00:29.099> of<00:00:29.340> earners<00:00:29.580> that<00:00:29.760> year<00:00:29.880> officially

percent of earners that year officially

percent of earners that year officially because<00:00:30.779> that's<00:00:31.080> taxable<00:00:31.439> income<00:00:31.800> but<00:00:32.160> the

because that's taxable income but the

because that's taxable income but the Duke<00:00:32.399> of<00:00:32.579> estimates<00:00:32.880> the<00:00:33.059> reason<00:00:33.180> he<00:00:33.420> pays

Duke of estimates the reason he pays

Duke of estimates the reason he pays nothing<00:00:33.780> is<00:00:34.079> because<00:00:34.200> that<00:00:34.440> is<00:00:34.559> not

nothing is because that is not

nothing is because that is not classified<00:00:34.980> as<00:00:35.219> taxable<00:00:35.520> income<00:00:35.820> so<00:00:36.239> what<00:00:36.300> we

classified as taxable income so what we

classified as taxable income so what we currently<00:00:36.719> have<00:00:36.840> is<00:00:36.960> a<00:00:37.079> tax<00:00:37.200> system<00:00:37.320> which<00:00:37.559> is

currently have is a tax system which is

currently have is a tax system which is very<00:00:38.040> effective<00:00:38.399> at<00:00:38.520> taxing<00:00:38.880> people<00:00:39.059> like<00:00:39.660> me

very effective at taxing people like me

very effective at taxing people like me who<00:00:40.379> come<00:00:40.559> from<00:00:40.680> poor<00:00:40.980> backgrounds<00:00:41.399> but

who come from poor backgrounds but

who come from poor backgrounds but managed<00:00:42.120> to<00:00:42.180> do<00:00:42.300> well<00:00:42.480> and<00:00:42.660> make<00:00:42.780> some<00:00:42.960> money

managed to do well and make some money

managed to do well and make some money and<00:00:43.739> extremely<00:00:44.160> bad<00:00:44.340> at<00:00:44.520> taxing<00:00:44.940> people<00:00:45.120> like

and extremely bad at taxing people like

and extremely bad at taxing people like the<00:00:45.960> Duke<00:00:46.200> of<00:00:46.320> Westminster<00:00:46.800> or<00:00:47.520> like<00:00:47.700> British

the Duke of Westminster or like British

the Duke of Westminster or like British sonax's<00:00:48.660> dear<00:00:48.899> wife<00:00:49.079> who<00:00:49.920> don't<00:00:50.520> work<00:00:50.700> for

sonax's dear wife who don't work for

sonax's dear wife who don't work for their<00:00:51.000> money<00:00:51.180> so<00:00:51.719> you<00:00:51.960> know

their money so you know

their money so you know what<00:00:53.460> we<00:00:53.640> really<00:00:53.820> have<00:00:54.120> is<00:00:54.480> a<00:00:54.660> tax<00:00:54.780> system

what we really have is a tax system

what we really have is a tax system which<00:00:55.320> is<00:00:55.440> fair<00:00:55.680> on<00:00:55.920> poor<00:00:56.219> people<00:00:56.340> but<00:00:56.820> doesn't

which is fair on poor people but doesn't

which is fair on poor people but doesn't tax<00:00:57.239> rich<00:00:57.480> people<00:00:57.660> at<00:00:57.840> all