The case for taxing wealth, argument by argument.
This video features an interview with former London trader and inequality economist Gary Stevenson, who shares his unique perspective on what wealth truly means. Drawing on his background as a highly profitable trader, he discusses the importance of building wealth and challenges common societal misunderstandings about its definition and creation, particularly for those from non-privileged backgrounds.
Mentions Boris Johnson, Jeff Bezos, Elon Musk
Raised as a counter-argument to rebut. “the politicians will say well if you tax the wealthy more what they'll basically do is they'll just move their companies and they'll move abroad”
“if you're from a poorer background nowadays you need everything you need to work hard for sure you need to be smart for sure but the fact is you need a bit of l”
“how rich you are is basically about how rich your dad was or how even how rich your granddad was”
“I want an economy where if you work hard you make your money or if you work really hard you can be rich that's what I want”
“your job is not wealth your job and your salary is a form of income and there's a big difference between income and wealth”
“we realize that wealth is much much more unequally distributed than income”
Raised as a counter-argument to rebut. “when people say it's impossible i always say well actually we did it we did it if you study a bit of history you'll see after the second world war basically all”
“if we don't find a way to tax them then they will increasingly own more and more and more of the wealth in this country and in the world and this planet and tha”