The case for taxing wealth, argument by argument.
This video argues that the UK government's recent National Insurance hike disproportionately burdens low and middle-income workers, while exempting the extremely wealthy whose income derives from assets, not work. It suggests this policy is driven by politicians, including the Chancellor, who are themselves wealthy and thus disinclined to tax billionaires.
Mentions Rishi Sunak, George Osborne, David Cameron, Tony Blair
“whilst the vast majority of people in this country make their money from working most very very rich people and families don't make the money from work but inst”
“it's a very strange design of tax, it's designed specifically so that rich people pay less than poor people in terms of a percentage of their overall income”
“national insurance does not tax income from assets it only taxes income from work”
“if ordinary people allow the super rich to tax them while they themselves often end up paying rates of tax: 10%, 5%, even less then it's going to be a system wh”