← Back to all transcripts

Why you can tax billionaires more and they won't leave

August 08, 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
00:00:00

I<00:00:00.240> think<00:00:00.399> the<00:00:00.560> one<00:00:01.079> single<00:00:01.599> only<00:00:01.920> good<00:00:02.120> thing

00:00:02

I think the one single only good thing

00:00:02

I think the one single only good thing to<00:00:02.520> come<00:00:02.960> out<00:00:03.080> of<00:00:03.199> this<00:00:03.280> war<00:00:03.439> in<00:00:03.880> Ukraine<00:00:04.880> is

00:00:04

to come out of this war in Ukraine is

00:00:05

to come out of this war in Ukraine is that<00:00:05.120> the<00:00:05.200> government<00:00:05.480> turned<00:00:05.799> around<00:00:06.319> and

00:00:06

that the government turned around and

00:00:06

that the government turned around and suddenly<00:00:07.319> decided<00:00:07.600> it<00:00:07.680> wanted<00:00:07.879> to<00:00:08.000> attacks

00:00:08

suddenly decided it wanted to attacks

00:00:08

suddenly decided it wanted to attacks rich<00:00:08.639> people<00:00:09.080> a<00:00:09.320> very<00:00:09.599> specific<00:00:10.000> subset<00:00:10.400> of

00:00:10

rich people a very specific subset of

00:00:10

rich people a very specific subset of rich<00:00:10.719> people<00:00:10.960> which<00:00:11.080> is<00:00:11.200> Russian

00:00:11

rich people which is Russian

00:00:11

rich people which is Russian billionaires<00:00:12.799> and<00:00:13.280> uh<00:00:14.200> Roman<00:00:14.559> Abramovic<00:00:15.080> who

00:00:15

billionaires and uh Roman Abramovic who

00:00:15

billionaires and uh Roman Abramovic who of<00:00:15.240> course<00:00:15.400> owns<00:00:15.639> Chelsea<00:00:15.879> Football<00:00:16.199> Club

00:00:16

of course owns Chelsea Football Club

00:00:16

of course owns Chelsea Football Club heing<00:00:17.240> paid<00:00:17.480> it<00:00:17.920> because<00:00:18.359> you<00:00:18.520> cannot<00:00:18.840> put

00:00:19

heing paid it because you cannot put

00:00:19

heing paid it because you cannot put Chelsea<00:00:19.400> Football<00:00:19.640> Club<00:00:19.840> in<00:00:19.880> a<00:00:20.039> bag<00:00:20.359> you<00:00:20.480> know

00:00:20

Chelsea Football Club in a bag you know

00:00:20

Chelsea Football Club in a bag you know I<00:00:21.000> think<00:00:21.600> that<00:00:21.840> idea<00:00:22.720> rests<00:00:23.080> on<00:00:23.199> a<00:00:23.359> perception

00:00:23

I think that idea rests on a perception

00:00:23

I think that idea rests on a perception of<00:00:24.000> rich<00:00:24.240> people<00:00:24.760> as<00:00:24.880> if<00:00:25.000> they<00:00:25.080> are<00:00:25.279> guys<00:00:25.480> with

00:00:25

of rich people as if they are guys with

00:00:25

of rich people as if they are guys with like<00:00:25.720> a<00:00:25.880> massive<00:00:26.240> bag<00:00:26.480> of<00:00:26.679> cash<00:00:27.480> okay<00:00:28.039> rich

00:00:28

like a massive bag of cash okay rich

00:00:28

like a massive bag of cash okay rich people<00:00:28.439> are<00:00:28.679> rich<00:00:29.240> because<00:00:29.439> they<00:00:29.560> own<00:00:29.759> your

00:00:30

people are rich because they own your

00:00:30

people are rich because they own your houses<00:00:30.759> they<00:00:30.880> own<00:00:31.080> your<00:00:31.240> house<00:00:31.640> they<00:00:31.759> own<00:00:31.960> your

00:00:32

houses they own your house they own your

00:00:32

houses they own your house they own your mortgage<00:00:32.719> they<00:00:32.840> owning<00:00:33.360> tesos<00:00:33.840> down<00:00:33.960> the<00:00:34.079> road

00:00:34

mortgage they owning tesos down the road

00:00:34

mortgage they owning tesos down the road they<00:00:34.360> own<00:00:34.520> the<00:00:34.640> skyscrapers<00:00:35.280> they<00:00:35.360> own<00:00:35.520> theing

00:00:36

they own the skyscrapers they own theing

00:00:36

they own the skyscrapers they own theing windmills<00:00:36.640> they<00:00:36.760> own<00:00:36.920> the<00:00:37.000> oil<00:00:37.239> rigs<00:00:37.520> they<00:00:37.600> own

00:00:37

windmills they own the oil rigs they own

00:00:37

windmills they own the oil rigs they own the<00:00:38.160> land<00:00:38.440> that<00:00:38.559> makes<00:00:38.719> the<00:00:38.840> food<00:00:39.399> they<00:00:39.520> are

00:00:39

the land that makes the food they are

00:00:39

the land that makes the food they are rich<00:00:40.039> because<00:00:40.320> they<00:00:40.440> own<00:00:40.800> real<00:00:41.280> Assets<00:00:42.280> in

00:00:42

rich because they own real Assets in

00:00:42

rich because they own real Assets in this<00:00:42.800> they<00:00:43.200> they're<00:00:43.399> rich<00:00:43.600> because<00:00:43.800> they<00:00:43.920> own

00:00:44

this they they're rich because they own

00:00:44

this they they're rich because they own this<00:00:44.399> country<00:00:45.000> and<00:00:45.120> they<00:00:45.239> can<00:00:45.399> leave<00:00:45.719> if<00:00:45.840> they

00:00:45

this country and they can leave if they

00:00:46

this country and they can leave if they want<00:00:46.440> the<00:00:46.559> country<00:00:46.840> will<00:00:47.039> still<00:00:47.280> be<00:00:47.520> here<00:00:47.719> and

00:00:47

want the country will still be here and

00:00:47

want the country will still be here and we<00:00:47.960> can<00:00:48.160> tax<00:00:48.640> the<00:00:48.840> assets<00:00:49.199> where<00:00:49.440> the<00:00:49.559> assets

00:00:49

we can tax the assets where the assets

00:00:49

we can tax the assets where the assets are<00:00:50.039> which<00:00:50.160> is<00:00:50.360> here