Gary Stevenson

Don't you f***ing, do you know how f***ing hard I worked to get this f***ing wealth?

Don't you f***ing dare.

And whenever they hear mention of a wealth tax, they're like, no, no, it can never happen.

And what I want to do here is to make it clear to people like that who

you know, maybe are even worth only, say, half a million quid, which is, you know, less than the cost of a house in London nowadays, who are incredibly anti-wealth taxes, because they're incredibly protective of their wealth.

I wanna speak to you now, somebody who is not incredibly rich, but has a bit of money, and is opposed to wealth taxation of the very rich.

And I wanna explain to you what is going to happen from here.

Okay, we have increasingly, in this country, in America, in the world, a untaxed super rich class.

these people have enormous amounts of passive income the poorest billionaire in the world with a wealth of just one billion dollars will generate more than a million dollars a week in passive income and that is currently almost untaxed these people have no choice but to buy up all of the assets very quickly and that is squeezing asset ownership out of every other group in society

As that continues to happen, more and more people in our societies will own no assets and will be in debt.

This will mean we will have no strong consumer and we will have a weak economy.

That will lead to an increasingly angry public that push their governments into taking action to support the growing poverty.

Governments will be politically forced to step in to try to deal with the growing poverty, but because they do not have the capacity to tax the richest people in society, they are going to tax you.

And this is a prediction, but it's also exactly what is happening now.

Governments are trying to support the poverty that's being caused by the growing inequality by borrowing money, going into debt and further taxing the very rich.

In the UK now, we are at the point where the government basically has two options here.

Either tax you, tax high-earning workers, or dismantle the welfare state.

In the absence of taxing the very rich, one of these two things is going to happen.

So when you argue for not taxing the very rich, what you are arguing for is the taxation of yourself.

And I know that they tell you when I say tax the rich that I am trying to tax you.