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Why are we taxing working people more than billionaires?

March 28, 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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this<00:00:00.280> growth<00:00:00.520> in<00:00:00.640> wealth<00:00:01.040> inequality<00:00:02.040> it<00:00:02.159> is

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this growth in wealth inequality it is

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this growth in wealth inequality it is going<00:00:02.399> to<00:00:02.600> keep<00:00:03.560> the<00:00:03.679> middle<00:00:04.040> class<00:00:04.759> and<00:00:04.880> the

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going to keep the middle class and the

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going to keep the middle class and the workingclass<00:00:05.600> poor<00:00:05.839> it's<00:00:05.960> going<00:00:06.080> to<00:00:06.240> cut

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workingclass poor it's going to cut

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workingclass poor it's going to cut government<00:00:06.759> services<00:00:07.200> and<00:00:07.359> that<00:00:07.439> is<00:00:07.560> the

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government services and that is the

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government services and that is the people<00:00:07.839> in<00:00:08.040> this<00:00:08.160> room<00:00:08.800> their<00:00:09.000> kids<00:00:09.200> their

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people in this room their kids their

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people in this room their kids their grandkids<00:00:09.719> will<00:00:10.679> OB<00:00:11.120> we<00:00:11.200> are<00:00:11.280> not<00:00:11.360> dealing

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grandkids will OB we are not dealing

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grandkids will OB we are not dealing with<00:00:11.679> wealth<00:00:11.880> inequality<00:00:12.639> you<00:00:13.519> well<00:00:13.639> you

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with wealth inequality you well you

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with wealth inequality you well you rightly<00:00:14.000> said<00:00:14.160> you<00:00:14.240> spent<00:00:14.440> a<00:00:14.559> lot<00:00:14.679> of<00:00:14.799> time

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rightly said you spent a lot of time

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rightly said you spent a lot of time thinking<00:00:15.280> about

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thinking about

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thinking about this<00:00:17.480> what<00:00:17.600> do<00:00:17.720> you<00:00:18.359> what<00:00:18.480> do<00:00:18.600> you<00:00:18.720> think<00:00:18.960> the

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this what do you what do you think the

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this what do you what do you think the solution<00:00:19.439> or<00:00:19.640> Solutions<00:00:20.080> might<00:00:20.279> be<00:00:20.720> we<00:00:20.840> have

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solution or Solutions might be we have

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solution or Solutions might be we have to<00:00:21.039> shift<00:00:21.279> the<00:00:21.400> tax<00:00:21.600> system<00:00:21.840> we<00:00:21.960> have<00:00:22.039> a<00:00:22.119> tax

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to shift the tax system we have a tax

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to shift the tax system we have a tax system<00:00:22.560> which<00:00:22.720> taxes<00:00:23.119> ordinary<00:00:23.519> working

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system which taxes ordinary working

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system which taxes ordinary working people<00:00:24.359> 30<00:00:24.880> 40<00:00:25.400> 50<00:00:25.760> 60%<00:00:26.679> while<00:00:26.880> people<00:00:27.039> like

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people 30 40 50 60% while people like

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people 30 40 50 60% while people like the<00:00:27.240> Duke<00:00:27.439> of<00:00:27.560> Westminster<00:00:28.240> can<00:00:28.400> inherit<00:00:28.800> 10

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the Duke of Westminster can inherit 10

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the Duke of Westminster can inherit 10 billion<00:00:29.720> and<00:00:30.160> nothing<00:00:30.840> if<00:00:30.960> you<00:00:31.160> do<00:00:31.439> that

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billion and nothing if you do that

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billion and nothing if you do that wealth<00:00:32.040> will<00:00:32.160> be<00:00:32.279> sucked<00:00:32.559> out<00:00:32.680> of<00:00:32.759> the<00:00:32.840> middle

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wealth will be sucked out of the middle

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wealth will be sucked out of the middle class<00:00:33.600> it's<00:00:33.800> already<00:00:34.040> been<00:00:34.239> completely

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class it's already been completely

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class it's already been completely bankrupted<00:00:35.040> the<00:00:35.120> working<00:00:35.440> class<00:00:35.840> it<00:00:35.920> will

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bankrupted the working class it will

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bankrupted the working class it will bankrupt<00:00:36.440> the<00:00:36.520> government<00:00:36.840> which<00:00:36.920> is<00:00:37.000> what<00:00:37.120> we

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bankrupt the government which is what we

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bankrupt the government which is what we are

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are

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are seeing<00:00:38.840> and<00:00:38.960> there'll<00:00:39.160> be<00:00:39.280> poverty<00:00:39.680> there'll

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seeing and there'll be poverty there'll

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seeing and there'll be poverty there'll be<00:00:39.920> broad<00:00:40.120> poverty<00:00:40.399> there<00:00:40.440> will<00:00:40.520> be<00:00:40.600> no<00:00:40.719> middle

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be broad poverty there will be no middle

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be broad poverty there will be no middle class<00:00:41.239> left<00:00:41.960> why<00:00:42.120> are<00:00:42.239> we<00:00:42.360> taxing<00:00:42.680> working

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class left why are we taxing working

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class left why are we taxing working people<00:00:43.160> more<00:00:43.320> than<00:00:43.440> billionaires<00:00:44.200> tax<00:00:44.520> wealth

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people more than billionaires tax wealth

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people more than billionaires tax wealth not<00:00:45.320> work<00:00:45.719> give<00:00:45.960> these<00:00:46.160> people<00:00:46.360> a<00:00:46.480> break<00:00:46.719> give

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not work give these people a break give

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not work give these people a break give their<00:00:47.039> kids<00:00:47.199> a<00:00:47.320> chance<00:00:47.680> tax<00:00:47.960> the<00:00:48.079> billionaires

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their kids a chance tax the billionaires

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their kids a chance tax the billionaires of<00:00:48.719> course<00:00:48.879> you<00:00:49.000> should