video UK · 28 August 2022

Telling the Rich To PAY Tax - Part 2 with Stephanie Brobbey

Stephanie Brobbey discusses her transition from traditional wealth management, which prioritizes accumulation and tax avoidance, to founding the Good Ancestor Movement. This initiative supports wealthy individuals who wish to align their values with their finances by embracing wealth redistribution, limiting personal accumulation, and even overpaying taxes to strengthen public services and address societal challenges.

By Gary Stevenson

Featuring Stephanie Brobbey

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Arguments in this video

Capital flight Gary Stevenson · 23:40
Raised as a counter-argument to rebut. “you can't tax the rich they'll leave they'll leave you contacts to reach contacts to reach suddenly we decided we want to tax Roman Abramovich”
Income is not wealth Gary Stevenson · 26:04
“it's not necessarily people that are earning you know they're owning assets and their assets have shot up in value”
Curbs extreme inequality Gary Stevenson · 03:07
“I only wanted to work with wealthy individuals who kind of get this stuff who are already concerned about inequality”
Raises real revenue Gary Stevenson · 00:23
“depriving those governments of their ability to raise taxes the correct amount of Revenue to invest in public services”
Strengthens social cohesion Gary Stevenson · 18:04
“it's bad for democracies it destabilizes democracies it's not healthy for societies to be drastically unequal”
Spending rises as living standards fall Gary Stevenson · 07:39
“simultaneously living standards of ordinary people are really falling quickly but living standards of the rich are rising really quickly”
Tax itself is the problem Gary Stevenson · 02:01
Raised as a counter-argument to rebut. “the other narrative is that tax is essentially synonymous with waste so tax is essentially waste”