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What's my favourite tax?

January 03, 2024
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'm<00:00:00.199> not<00:00:00.359> calling<00:00:00.599> for<00:00:01.120> redistribution<00:00:02.120> I<00:00:02.240> am

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I'm not calling for redistribution I am

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I'm not calling for redistribution I am calling<00:00:02.639> to<00:00:02.919> stop<00:00:03.240> the<00:00:03.360> redistribution<00:00:04.279> away

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calling to stop the redistribution away

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calling to stop the redistribution away from<00:00:04.920> the<00:00:05.080> working<00:00:05.480> classes<00:00:06.080> away<00:00:06.359> from

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from the working classes away from

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from the working classes away from Ordinary<00:00:07.120> People<00:00:07.520> towards<00:00:08.000> the<00:00:08.080> rich<00:00:08.360> if<00:00:08.440> you

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Ordinary People towards the rich if you

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Ordinary People towards the rich if you don't<00:00:08.719> stop<00:00:08.920> that<00:00:09.040> living<00:00:09.240> standards<00:00:09.559> will

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don't stop that living standards will

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don't stop that living standards will decrease<00:00:10.120> right<00:00:10.280> so<00:00:10.679> the<00:00:10.840> two<00:00:11.040> questions<00:00:11.360> are

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decrease right so the two questions are

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decrease right so the two questions are one<00:00:11.960> how<00:00:12.080> do<00:00:12.240> we<00:00:12.480> effectively<00:00:13.080> stop<00:00:13.440> the<00:00:13.559> flood

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one how do we effectively stop the flood

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one how do we effectively stop the flood of<00:00:14.080> wealth<00:00:14.639> away<00:00:14.839> from<00:00:14.960> the<00:00:15.040> middle<00:00:15.360> class

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of wealth away from the middle class

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of wealth away from the middle class it's<00:00:16.080> a<00:00:16.199> technical<00:00:16.600> question<00:00:17.520> number<00:00:17.800> two

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it's a technical question number two

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it's a technical question number two politically<00:00:18.760> how<00:00:18.840> do<00:00:18.960> we<00:00:19.039> build<00:00:19.240> support<00:00:19.520> for

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politically how do we build support for

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politically how do we build support for it<00:00:20.240> because<00:00:20.480> the<00:00:20.600> truth<00:00:20.840> is<00:00:21.039> I<00:00:21.199> actually<00:00:21.480> think

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it because the truth is I actually think

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it because the truth is I actually think there's<00:00:22.160> probably<00:00:22.560> you<00:00:22.680> know<00:00:23.080> 10<00:00:23.439> 20<00:00:24.199> you

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there's probably you know 10 20 you

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there's probably you know 10 20 you could<00:00:24.439> probably<00:00:24.680> design<00:00:24.920> a<00:00:25.039> hundred

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could probably design a hundred

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could probably design a hundred different<00:00:25.480> ways<00:00:25.680> to<00:00:25.920> effectively<00:00:26.480> get<00:00:26.640> that

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different ways to effectively get that

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different ways to effectively get that wealth<00:00:27.160> back<00:00:27.679> from<00:00:27.840> the<00:00:27.960> rich<00:00:28.160> to<00:00:28.279> the<00:00:28.400> work<00:00:28.800> I

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wealth back from the rich to the work I

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wealth back from the rich to the work I don't<00:00:29.000> think<00:00:29.119> the<00:00:29.240> technical<00:00:29.519> question<00:00:29.679> is

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don't think the technical question is

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don't think the technical question is the<00:00:30.039> problem<00:00:30.439> I<00:00:30.599> always<00:00:30.800> point<00:00:31.000> back<00:00:31.119> to<00:00:31.240> Roman

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the problem I always point back to Roman

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the problem I always point back to Roman Abramovic<00:00:32.439> when<00:00:32.599> we<00:00:32.719> decided<00:00:33.079> we<00:00:33.200> want<00:00:33.320> to<00:00:33.399> tax

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Abramovic when we decided we want to tax

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Abramovic when we decided we want to tax this<00:00:33.840> one<00:00:34.040> rich<00:00:34.280> guy<00:00:34.760> turns<00:00:35.000> out<00:00:35.160> we

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this one rich guy turns out we

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this one rich guy turns out we can<00:00:35.879> turns<00:00:36.120> out<00:00:36.280> he's<00:00:36.440> not<00:00:36.600> Gandalf<00:00:37.120> he's<00:00:37.280> not

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can turns out he's not Gandalf he's not

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can turns out he's not Gandalf he's not magic<00:00:38.079> he<00:00:38.200> owns<00:00:38.800> Chelsea<00:00:39.120> Football

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magic he owns Chelsea Football

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magic he owns Chelsea Football Club<00:00:39.680> you<00:00:39.800> know<00:00:39.960> we<00:00:40.079> can<00:00:40.200> take<00:00:40.360> the<00:00:40.440> world's

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Club you know we can take the world's

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Club you know we can take the world's back<00:00:41.800> I<00:00:41.920> don't<00:00:42.079> think<00:00:42.239> the<00:00:42.399> question<00:00:42.680> the

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back I don't think the question the

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back I don't think the question the problem<00:00:43.000> is<00:00:43.160> technical<00:00:43.680> I<00:00:43.800> honestly<00:00:44.120> think

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problem is technical I honestly think

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problem is technical I honestly think the<00:00:44.399> problem<00:00:44.680> is<00:00:45.320> getting<00:00:45.840> public<00:00:46.239> support

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the problem is getting public support

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the problem is getting public support for<00:00:46.760> it<00:00:47.320> if<00:00:47.440> we<00:00:47.559> lose<00:00:47.800> the<00:00:47.920> battle<00:00:48.120> for<00:00:48.239> hearts

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for it if we lose the battle for hearts

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for it if we lose the battle for hearts and<00:00:48.600> Minds<00:00:49.600> you<00:00:49.920> you<00:00:50.039> are<00:00:50.199> seeing<00:00:50.559> what<00:00:50.680> will

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and Minds you you are seeing what will

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and Minds you you are seeing what will happen<00:00:52.160> millions<00:00:52.719> of<00:00:52.920> ordinary<00:00:53.480> families

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happen millions of ordinary families

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happen millions of ordinary families can't<00:00:54.359> afford<00:00:54.600> to<00:00:54.719> feed<00:00:54.960> their<00:00:55.640> kids

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can't afford to feed their kids

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can't afford to feed their kids that<00:00:56.640> is<00:00:56.760> what<00:00:56.879> happens<00:00:57.120> if<00:00:57.239> we<00:00:57.320> lose<00:00:57.480> the<00:00:57.559> batt

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that is what happens if we lose the batt

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that is what happens if we lose the batt hearts<00:00:58.039> of<00:00:58.160> M