Steven
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Okay, why is it not true?
So I pay 16% and this guy pays 0.6%. Apples with apples.
So I pay 16% and this guy pays 0.6%. Apples with apples.
So he pays 0.6% a year. Pro rata. You're telling me 0.6% a year.
So he pays 0.6% a year. Pro rata. You're telling me 0.6% a year.
Hold up. So you're saying I pay, what's 60 over 0.6?
Hold up. So you're saying I pay, what's 60 over 0.6?
Wait, why is it not apples with apples? This guy pays 0.6% a year. I paid 60% a year.
Wait, why is it not apples with apples? This guy pays 0.6% a year. I paid 60% a year.
I paid that 60% every year, Daniel.
I paid that 60% every year, Daniel.
So you think he pays income tax on the income on that?
So you think he pays income tax on the income on that?
Okay, well, our viewers can research whether he pays income tax on his income. Because I don't think he does.
Okay, well, our viewers can research whether he pays income tax on his income. Because I don't think he does.
So you think he's paying 60% on his income?
So you think he's paying 60% on his income?
No, what would you say? This guy, he's inherited ยฃ10 million. So he's worth ยฃ10 billion. What would you say will be the total amount of tax he will pay in his lifetime?
No, what would you say? This guy, he's inherited ยฃ10 million. So he's worth ยฃ10 billion. What would you say will be the total amount of tax he will pay in his lifetime?
So wait, wait, wait. So if I get given ยฃ10 billion, I don't pay any tax. But if I work for ยฃ10 billion, I pay 60%. If this is the tax system that you want, you will end up in a system where the kids of the rich will own everything. That's what I'm saying. That's what I'm saying. And that's fine because that's our kids. You're not telling the truth about his situation.