Steven
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Stephen, if you allow British people who own £300 million of British assets to technically live in Monaco and not pay tax, then you will get crime and you will have dirty streets and you will have a bad healthcare system and you will have education.
Because if you give all of the wealth to a group of people who do not tax, there'll be nothing left to provide things like healthcare and education for ordinary people.
Because if you give all of the wealth to a group of people who do not tax, there'll be nothing left to provide things like healthcare and education for ordinary people.
So this guy who's 300 million, how much tax return has he paid in his life?
So this guy who's 300 million, how much tax return has he paid in his life?
I have no idea. I have no idea. His business was global, though. His biggest customer was the US.
I have no idea. I have no idea. His business was global, though. His biggest customer was the US.
Because I pay 60%, and our viewers will pay 30%, 40%, 50%. Do you think it's fair that your 300 million guy pays his two or three?
Because I pay 60%, and our viewers will pay 30%, 40%, 50%. Do you think it's fair that your 300 million guy pays his two or three?
I have no idea what he pays.
I have no idea what he pays.
Well, it sounds like he didn't pay 50%.
Well, it sounds like he didn't pay 50%.
Well, he dashed before he got the tax bill. But why did we allow it?
Well, he dashed before he got the tax bill. But why did we allow it?
Why did we allow it? I'm not allowed to not pay my tax.
Why did we allow it? I'm not allowed to not pay my tax.
But we're talking about... This is... I think we should stop obfuscating tax on people's work from tax on the assets that they own.
But we're talking about... This is... I think we should stop obfuscating tax on people's work from tax on the assets that they own.
So if I earn a billion pounds of British houses, and then I say I live in Dubai, and I'm getting the rent on a billion pounds of houses, which would probably be something like... that's going to be something like £50 million a year. So I'm getting £50, £60 million a year of rent from British people.