Robert Peston
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Appearances Over Time
Podcast Appearances
If you're lucky enough to inherit even.
I don't know, 5% of Musk's wealth, you yourself will be massively wealthy and massively powerful.
It creates dynasties of, you know, a bit like the pharaohs of Egypt.
And people, you know, the argument is this is just bad for society to have power.
You know, when you have concentrations of money on that scale, you also have concentrations of power.
And that is bad for all of us.
There is a topical version of this.
I mean, you know, you pay money, takes your choice whether you think, you know, this is too much power or not.
But a couple of billionaires and, you know, particularly operating in the crypto space, have given a lot of money to Farage and reform.
That is power, right?
No, but they are interfering in British politics.
They are, but the answer to that isn't tax.
They are British in the sense that they are able to make the donation.
Otherwise, they wouldn't be able to make the donation at all.
And if you're listening, Rachel Reeves, I would urge you not to introduce either a Steph tax or a Robert tax, please.
Well, they will have their supporters.
And so I'm pretty sure that what you've just said will attract a bit of attention.
But I don't think you're going to get... Are we going to massively push back on behalf of Thomas Piketty, Steph?
Look, I've got to admit, I'm not immersed enough in the Piketty proposal.
Your characterisation of it does make it seem to me like essentially a talking point, as Steph says.