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Gary Stevenson

πŸ‘€ Speaker
3422 total appearances
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Appearances Over Time

Podcast Appearances

Garys Economics
Why Jeff Bezos wants to cut your taxes

He's paid, I think, something like $8 billion of tax, which means on his lifetime income, he's paid something like 3% on his whole lifetime income.

Garys Economics
Why Jeff Bezos wants to cut your taxes

You're paying 50%.

Garys Economics
Why Jeff Bezos wants to cut your taxes

His class is getting aggressively richer.

Garys Economics
Why Jeff Bezos wants to cut your taxes

Your class is getting aggressively poorer.

Garys Economics
Why Jeff Bezos wants to cut your taxes

You don't know these things.

Garys Economics
Why Jeff Bezos wants to cut your taxes

And he's saying, listen, come with me.

Garys Economics
Why Jeff Bezos wants to cut your taxes

I'll get richer and you'll get richer.

Garys Economics
Why Jeff Bezos wants to cut your taxes

And what this

Garys Economics
Why Jeff Bezos wants to cut your taxes

plays on is basically the fact that we all hate tax, we all hate politicians, we all hate the media,

Garys Economics
Why Jeff Bezos wants to cut your taxes

And we're looking for somebody else who's gonna save us, right?

Garys Economics
Why Jeff Bezos wants to cut your taxes

And I think this reminds me very much of basically what Elon Musk does and what Donald Trump does, where they portray themselves as, I'm not a politician, I'm a businessman, I know how to make money, come with me, I'll get rich, I'll make you rich.

Garys Economics
Why Jeff Bezos wants to cut your taxes

And I think it would be too much to simply dismiss this, right?

Garys Economics
Why Jeff Bezos wants to cut your taxes

You know, these guys, what they're trying to do

Garys Economics
Why Jeff Bezos wants to cut your taxes

is portray themselves as the sensible guys in the room, the guys who are smarter than the politicians, and really, they're kind of fishing, you know, this is like $1,000 on the end of a hook, and they're hoping that you will bite that, and you will accept a system which is aggressively impoverishing you.

Garys Economics
Why Jeff Bezos wants to cut your taxes

So when I see this, what it tells me is that, obviously, here in the UK,

Garys Economics
Why Jeff Bezos wants to cut your taxes

The voice of the wealth tax movement is, is me and I run, I am, you know, a financial trader, and I run essentially this economics educational channel.

Garys Economics
Why Jeff Bezos wants to cut your taxes

And everything I do is about educating the public, that if you don't want to get poorer, you have to tax the rich.

Garys Economics
Why Jeff Bezos wants to cut your taxes

But in other countries like the US, where I'm not such a well known voice, a lot of the argument has been about fairness has been about justice.

Garys Economics
Why Jeff Bezos wants to cut your taxes

And it is vulnerable to basically somebody who is a billionaire coming in and saying no, ignore that.

Garys Economics
Why Jeff Bezos wants to cut your taxes

these guys aren't talking about how to make you rich, I will make you rich.