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Telling The Diary Of A CEO why we need to tax the rich

March 21, 2025
Wealth Inequality Enough is Enough Tax Wealth Not Work Economics of Covid Rich get Richer Poor get Poorer Economics Explained Tax the Rich End Austerity Billionaire Poverty
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I<00:00:00.280> will<00:00:00.480> agree<00:00:01.040> 100%<00:00:01.959> it<00:00:02.120> is<00:00:02.520> difficult<00:00:02.600> to<00:00:02.760> tax

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I will agree 100% it is difficult to tax

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I will agree 100% it is difficult to tax rich<00:00:03.199> people<00:00:03.679> it<00:00:03.760> is<00:00:04.080> very<00:00:04.600> very<00:00:05.000> very

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rich people it is very very very

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rich people it is very very very difficult<00:00:05.600> to<00:00:05.720> tax<00:00:05.960> rich<00:00:06.120> people<00:00:06.720> I<00:00:06.879> don't<00:00:07.200> I

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difficult to tax rich people I don't I

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difficult to tax rich people I don't I don't<00:00:07.680> come<00:00:07.919> here<00:00:08.440> saying<00:00:08.719> I<00:00:08.800> want<00:00:08.920> to<00:00:09.000> tax

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don't come here saying I want to tax

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don't come here saying I want to tax rich<00:00:09.480> people<00:00:09.960> because<00:00:10.200> it's<00:00:10.400> easy<00:00:11.000> I<00:00:11.120> know

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rich people because it's easy I know

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rich people because it's easy I know it's<00:00:11.559> hard<00:00:12.080> I<00:00:12.160> know<00:00:12.360> probably<00:00:12.639> I'm<00:00:12.719> going<00:00:12.799> to

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it's hard I know probably I'm going to

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it's hard I know probably I'm going to lose<00:00:13.400> I<00:00:13.519> know<00:00:13.679> our<00:00:13.880> viewers<00:00:14.360> kids<00:00:14.559> will<00:00:14.719> live

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lose I know our viewers kids will live

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lose I know our viewers kids will live in<00:00:14.960> Desperate<00:00:15.280> poverty<00:00:15.639> I<00:00:15.759> know<00:00:16.000> that<00:00:16.400> I<00:00:16.560> do

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in Desperate poverty I know that I do

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in Desperate poverty I know that I do this<00:00:17.039> because<00:00:17.400> it<00:00:17.520> is<00:00:17.720> hard<00:00:18.240> if<00:00:18.439> we<00:00:18.800> are<00:00:19.000> a

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this because it is hard if we are a

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this because it is hard if we are a country<00:00:19.840> which<00:00:20.000> says<00:00:20.199> to<00:00:20.359> ourselves<00:00:20.960> we<00:00:21.119> don't

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country which says to ourselves we don't

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country which says to ourselves we don't try<00:00:21.480> and<00:00:21.640> do<00:00:21.880> things<00:00:22.279> which<00:00:22.439> are<00:00:22.760> necessary<00:00:23.400> to

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try and do things which are necessary to

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try and do things which are necessary to keep<00:00:23.760> our<00:00:24.000> kids<00:00:24.199> out<00:00:24.320> of<00:00:24.480> poverty<00:00:25.080> because

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keep our kids out of poverty because

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keep our kids out of poverty because they<00:00:25.519> are<00:00:25.760> hard<00:00:26.400> then<00:00:26.679> our<00:00:26.920> kids<00:00:27.199> will<00:00:27.400> live<00:00:27.599> in

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they are hard then our kids will live in

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they are hard then our kids will live in poverty<00:00:28.119> I<00:00:28.199> don't<00:00:28.320> need<00:00:28.480> to<00:00:28.560> be<00:00:28.760> here<00:00:29.119> I'm<00:00:29.199> a

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poverty I don't need to be here I'm a

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poverty I don't need to be here I'm a multimillionaire<00:00:30.000> just<00:00:30.119> like<00:00:30.279> you<00:00:30.679> I<00:00:30.759> could

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multimillionaire just like you I could

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multimillionaire just like you I could be<00:00:31.000> in<00:00:31.080> the<00:00:31.199> Philippines<00:00:31.599> drinking<00:00:31.840> panac

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be in the Philippines drinking panac

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be in the Philippines drinking panac coladas<00:00:32.800> I<00:00:32.920> come<00:00:33.120> in<00:00:33.320> here<00:00:33.719> because<00:00:33.960> I<00:00:34.120> come

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coladas I come in here because I come

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coladas I come in here because I come from<00:00:34.360> a<00:00:34.480> poor<00:00:34.719> background<00:00:35.280> and<00:00:35.399> it's<00:00:35.559> ordinary

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from a poor background and it's ordinary

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from a poor background and it's ordinary families<00:00:36.360> like<00:00:36.600> my<00:00:36.879> family<00:00:37.399> like<00:00:37.520> the<00:00:37.640> kids<00:00:37.840> I

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families like my family like the kids I

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families like my family like the kids I grew<00:00:38.200> up<00:00:38.360> with<00:00:38.600> whose<00:00:38.920> kids<00:00:39.160> are<00:00:39.320> going<00:00:39.440> to<00:00:39.559> be

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grew up with whose kids are going to be

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grew up with whose kids are going to be in<00:00:39.840> poverty<00:00:40.440> it's<00:00:40.960> difficult<00:00:41.440> but<00:00:41.680> it<00:00:41.800> is

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in poverty it's difficult but it is

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in poverty it's difficult but it is necessary<00:00:43.280> sometimes<00:00:43.800> we<00:00:43.960> have<00:00:44.079> to<00:00:44.280> do<00:00:44.520> things

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necessary sometimes we have to do things

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necessary sometimes we have to do things not<00:00:45.200> because<00:00:45.480> they're<00:00:45.719> easy<00:00:46.320> but<00:00:46.680> because

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not because they're easy but because

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not because they're easy but because they<00:00:47.719> are<00:00:48.199> hard<00:00:48.879> that<00:00:49.000> is<00:00:49.160> what<00:00:49.360> makes<00:00:49.920> a<00:00:50.079> rich

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they are hard that is what makes a rich

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they are hard that is what makes a rich country<00:00:50.879> rich<00:00:51.199> and<00:00:51.320> that<00:00:51.440> is<00:00:51.559> what<00:00:51.760> protects

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country rich and that is what protects

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country rich and that is what protects ordinary<00:00:53.039> people<00:00:53.359> listen<00:00:54.000> our<00:00:54.280> grandparents

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ordinary people listen our grandparents

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ordinary people listen our grandparents lived<00:00:55.160> in<00:00:55.280> poverty<00:00:56.039> did<00:00:56.239> they<00:00:56.399> say<00:00:56.680> let's<00:00:56.879> not

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lived in poverty did they say let's not

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lived in poverty did they say let's not change<00:00:57.280> it<00:00:57.440> because<00:00:57.640> it's<00:00:57.800> hard<00:00:58.280> no<00:00:58.559> they

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change it because it's hard no they

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change it because it's hard no they didn't<00:00:59.199> they<00:00:59.359> fought<00:01:00.000> and<00:01:00.079> they<00:01:00.280> demanded

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didn't they fought and they demanded

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didn't they fought and they demanded they<00:01:01.280> demanded<00:01:01.800> Health<00:01:02.120> Care<00:01:02.399> education

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they demanded Health Care education

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they demanded Health Care education housing<00:01:03.519> food<00:01:03.840> and<00:01:03.960> they<00:01:04.119> got<00:01:04.320> it<00:01:04.799> they<00:01:05.000> got<00:01:05.159> it

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housing food and they got it they got it

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housing food and they got it they got it that's<00:01:05.840> why<00:01:06.040> my<00:01:06.280> parents<00:01:06.840> could<00:01:07.000> live<00:01:07.400> a<00:01:07.560> good

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that's why my parents could live a good

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that's why my parents could live a good quality<00:01:08.240> life<00:01:08.799> they<00:01:09.000> got<00:01:09.280> those<00:01:09.600> things<00:01:10.080> they

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quality life they got those things they

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quality life they got those things they got<00:01:10.439> those<00:01:10.640> things<00:01:10.880> and<00:01:11.000> they<00:01:11.119> were<00:01:11.360> aware

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got those things and they were aware

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got those things and they were aware that<00:01:12.200> in<00:01:12.320> order<00:01:12.520> to<00:01:12.720> do<00:01:12.960> that<00:01:13.320> you<00:01:13.520> could<00:01:13.720> not

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that in order to do that you could not

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that in order to do that you could not allow<00:01:14.439> the<00:01:14.600> super<00:01:14.960> rich<00:01:15.280> who<00:01:15.400> have<00:01:15.520> been

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allow the super rich who have been

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allow the super rich who have been living<00:01:15.960> lives<00:01:16.119> of<00:01:16.280> luxury<00:01:16.640> for<00:01:16.759> hundreds<00:01:17.080> and

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living lives of luxury for hundreds and

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living lives of luxury for hundreds and hundreds<00:01:17.479> of<00:01:17.600> years<00:01:17.960> to<00:01:18.119> eat<00:01:18.439> everything

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hundreds of years to eat everything

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hundreds of years to eat everything while<00:01:19.400> ordinary<00:01:20.040> families<00:01:20.400> couldn't<00:01:20.640> afford

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while ordinary families couldn't afford

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while ordinary families couldn't afford to<00:01:20.960> feed<00:01:21.159> their<00:01:21.280> kids<00:01:21.759> I<00:01:21.880> know<00:01:22.040> it's<00:01:22.400> difficult

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to feed their kids I know it's difficult

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to feed their kids I know it's difficult I<00:01:22.680> know<00:01:22.799> it's<00:01:23.119> difficult<00:01:23.240> and<00:01:23.320> I<00:01:23.439> know<00:01:23.560> I'm

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I know it's difficult and I know I'm

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I know it's difficult and I know I'm probably<00:01:23.960> going<00:01:24.040> to<00:01:24.159> lose<00:01:24.479> I<00:01:24.600> know<00:01:24.799> that<00:01:24.920> I

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probably going to lose I know that I

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probably going to lose I know that I know<00:01:25.159> I'm<00:01:25.320> probably<00:01:25.520> going<00:01:25.600> to<00:01:25.720> lose<00:01:26.119> and<00:01:26.240> that

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know I'm probably going to lose and that

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know I'm probably going to lose and that means<00:01:26.560> our<00:01:26.720> viewers<00:01:27.000> will<00:01:27.119> be<00:01:27.240> poor<00:01:27.600> but<00:01:27.720> I<00:01:27.840> do

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means our viewers will be poor but I do

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means our viewers will be poor but I do it<00:01:28.119> anyway<00:01:28.640> because<00:01:28.920> I<00:01:29.079> do<00:01:29.280> not<00:01:29.479> want<00:01:29.759> this

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it anyway because I do not want this

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it anyway because I do not want this this<00:01:30.079> country<00:01:30.320> that<00:01:30.439> I<00:01:30.560> grew<00:01:30.759> up<00:01:30.920> in<00:01:31.240> to<00:01:31.400> fall

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this country that I grew up in to fall

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this country that I grew up in to fall into<00:01:31.880> desperate<00:01:32.240> poverty