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Gary Stevenson

πŸ‘€ Speaker
3422 total appearances
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Garys Economics
A wealth tax in the UK is becoming unavoidable

Please come down and patch up the hole.

Garys Economics
A wealth tax in the UK is becoming unavoidable

Which is how I've been able to successfully predict that Sunak would fail and Starma would fail and how I will successfully predict right now that Burnham will fail if he does not do wealth taxes.

Garys Economics
A wealth tax in the UK is becoming unavoidable

Like if you can see the hole in the bottom of the boat, you know that the boat is going to go down unless it's fixed.

Garys Economics
A wealth tax in the UK is becoming unavoidable

But the truth is bringing the wealth tax in, it's not going to suddenly make things perfect.

Garys Economics
A wealth tax in the UK is becoming unavoidable

It's simply the truth, you know, all it can do in the first instance is stop the collapse.

Garys Economics
A wealth tax in the UK is becoming unavoidable

And the truth also is, you know, we cannot expect and I am not demanding that the Labour Party do wealth taxes now, you know, you know, obviously, I've done the work to go and build a relationship with Gabriel Zucman.

Garys Economics
A wealth tax in the UK is becoming unavoidable

And I asked Gabriel Zucman, I don't think I did it on the channel, but I think I did it off off camera.

Garys Economics
A wealth tax in the UK is becoming unavoidable

I said to him, listen, if I get Labour in,

Garys Economics
A wealth tax in the UK is becoming unavoidable

Do you think you have something oven ready to do now?

Garys Economics
A wealth tax in the UK is becoming unavoidable

And Zucman said, yes, but we can't expect the Labour government to just hand the keys of the country over to Gabriel Zucman.

Garys Economics
A wealth tax in the UK is becoming unavoidable

Obviously, the Labour Party and the government has to do a thorough analysis of those policies to make sure that they're well designed.

Garys Economics
A wealth tax in the UK is becoming unavoidable

And I wouldn't want them to do anything else.

Garys Economics
A wealth tax in the UK is becoming unavoidable

I want to be there kicking the tires on this, making sure that it works.

Garys Economics
A wealth tax in the UK is becoming unavoidable

So we can't expect them to give us a wealth tax really like in anything less than two years.

Garys Economics
A wealth tax in the UK is becoming unavoidable

And what that means is to some degrees, what we have is a difficult sell because what we are saying to Andy Burnham and to the Labour Party is, listen, we will work with you to build the institutional structure to tax the richest people in the country.

Garys Economics
A wealth tax in the UK is becoming unavoidable

If you don't do that, they will own everything and things will collapse.

Garys Economics
A wealth tax in the UK is becoming unavoidable

But we can't promise you that it's going to immediately fix all of your problems.

Garys Economics
A wealth tax in the UK is becoming unavoidable

And I'm going to say to them, if you do it, I believe, I trust that the British public will be willing to back

Garys Economics
A wealth tax in the UK is becoming unavoidable

fixing long-term problems, that the British public does have patience, that they will be willing to work with you.

Garys Economics
A wealth tax in the UK is becoming unavoidable

And the truth is, you know, I've been doing this for a long time, and every single budget, I go around the houses, talk to the think tanks, and say, are you guys going to do anything on wealth taxes?