For a wealth tax moral
Limits dynastic wealth
Taxing large fortunes slows the entrenchment of inherited advantage and supports a more meritocratic society.
- 67 sources
- 4 people
Where it's been said
-
Why The Economist hates wealth taxes.“the tax system must ensure that meritocracy prevails over inheritocy”
-
Are we living through a new Victorian era?“Wealth was largely inherited. Um it wasn't to do with how hard you work or how smart you were. It it was just about who your dad was.”
-
UK Budget – The End of Democracy?“What most of the guys want who are rich in their heart of heart is just to stay rich and they want to stay at the top and they want their kids to stay at the to”
-
Your house price going up is BAD for your kids“If you do not tax very wealthy people, If you do not tax very wealthy people, then they will buy everything. The kids then they will buy everything. The kids th”
-
AI will drive mass unemployment and inequality“Because the people who own the machines are going to use the machines to replace people and then and then, you know, then you won't have job.”
-
How to convince your friends to back wealth taxes“if we do not do anything about this system then very very quickly the billionaires will own everything and you will own nothing and we will move into a system w”
-
If you want to own assets, we need to tax the rich more“If you don't stop the wealth of the wealthiest from spiraling upward as very quickly, there will it will inevitably lead to the disappearance of middle class we”
-
HOW the super rich will impoverish you and your kids“The rich are growing their wealth very The rich are growing their wealth very rapidly and it's acting like a black rapidly and it's acting like a black rapidly ”
-
You probably won't get rich. But you don't need to“success is like 85 90% who your dad is”
-
Why Labour is crushing your living standards“But in the 50s, 60s, 70s, we had very high rates of tax on the richest, which basically prevented the rich from accumulating money and buying up the assets.”
-
Why are we taxing working people more than billionaires?“people like the Duke of Westminster can inherit 10 billion and nothing”
-
Inequality is driving everything“Our parents generation, you know, even my parents, I come from quite a poor background. They all own property. You know, I went to grammar school, so I didn't k”
-
I want your viewers to pay less tax“juk of Westminster inherits 10 billion pounds more than 3,000 times what I made pays nothing”
-
Start protecting your resources“money they will out compete you and your children for housing house prices will go up your kids will not be able to afford a house”
-
The games and strategy of rich people. What I learnt at Citibank“And in the vast majority of cases, what rich and powerful people want is more wealth, more power, not just for them, but also for their kids.”
-
Why our tax system is broken“the rate on inherited wealth particular the rate on inherited wealth especially for phenomenally wealthy especially for phenomenally wealthy especially for phen”
-
The future is dire poverty for most people unless something changes“history is a small group of extremely wealthy people and a vast mass of extremely impoverished people and that is because you get Dynamics like what is happenin”
-
The UK is not a meritocracy“People from extremely wealthy families, like the Duke of Westminster, can inherit billions of pounds and pay nothing. This is not a meritocracy.”
-
Tax Is How We Defend Ourselves“unless you're very rich, the assets you own now will not be owned by your kids and your grandkids. Those assets will pass to the very rich”
-
The rich are buying the houses your kids need“you're rich turn you spend a million pound a year and that 20 million pound you use that to buy assets right”
-
Rishi Sunak's taxes – the REAL story“So Rishi Sunak is declaring £2 million income. Rishi Sunak's wife, we know is making something like 30 or £40 million passive income a year. Rishi Sunak's wife'”
-
The rich are eating the middle class“Elon musk's Elon musk's kids are going to own the houses that your kids need and your kids will be poor”
-
How To Get Rich“the only way to get rich nowadays is is to inherit money from your parents”
-
This Is Why The Rich Get Richer“they give it to their kids they buy their kids buy your house your kids don't have a house”
-
Who owns everything?“is usually they are families that have been wealthy for a long time”
-
How You Lose Your House“younger people nowadays live in a world where it's increasingly almost impossible to buy property without a big inheritance from your parents.”
-
The Super Rich Divide and Rule“they are being accumulated by families with family wealth of 50 families with family wealth of 50 families with family wealth of 50 million 100 million quid tho”
-
Rent, Profit and Interest Are All The Same“So individuals who own their own property with a mortgage, they will be slowly paying their debt down and they will often feel like I'm doing when I'm getting r”
-
The Illusion of Improvement“If we can get enough people to recognise this, then we can get together. We can say we don't accept this. We don't accept the situation where wealth flows from ”
-
Tax Wealth Not Work #shorts“The Duke of Westminster inheriting 10 billion pounds and paid nothing”
-
Debt & Ownership“people's financial positions now are very largely a function of the decision of how much debt their parents or their grandparents chose to take.”
-
£1million or £100million - Wealth Tax #Shorts @OwenJonesTalks“we have this extremely wealthy class generating an enormous amount of income from the people of this country and using that income to buy the rest of the assets”
-
Ask Them This Question #shorts“they would have to tell you it's all they would have to tell you it's all they would have to tell you it's all gone to the richest people in the gone to the ric”
-
Living Standards are Falling #shorts“you can pay yourself to your parents and you can pay yourself to your parents and you can pay yourself to your parents and your kids and your grandkids you will”
-
The Asset Economy“we're moving towards really an economy which is primarily about inherited wealth I've called this 'a New Feudalism' we're moving into an economy which is an ass”
-
Flows of Wealth and How People Get Rich“the rich accumulate money they give that money to their kids and then their kids buy the property that your kids then cannot afford”
-
Rishi Sunak's Nonsense "Pledge"“life is getting worse and life is getting harder especially if you don't come from a family of assets”
-
Christmas Message“your kids will not get houses when you get older everything you need for your retirement will be more expensive then you'll have to sell your house to fund that”
-
Teaching You To Trade“there are a lot of super rich people around you and wealthy people who who are normally getting that money from from their parents”
-
Conversation with a Viewer“money currently is Flowing from the government to the rich leaving the government with big powers of debt and the rich would be part of money there's one other ”
-
Fixing the Economy“you can make as much wealth as you want you don't pay tax on it you can give it to your kids you can give it to your grandkids but once you hit your 120th birth”
-
Who Actually Pays Taxes?“the rate on inherited wealth especially for phenomenally wealthy people falls to zero”
-
Competing with the Rich for Houses #Shorts“The Duke of Westminster inherits 9 billion pound and and pays nothing because he's from a very very rich family”
-
Mini-Budget Disaster - My Response“they're going to use that money to buy your mom's houses and they're going to give that money to their kids so that when your kids go with their 50-60 grand dep”
-
Inheriting £9billion #Shorts“inherited i think 9 billion pounds and paid nothing”
-
What happens now that Boris is gone? - The Tory Leadership Contest“are my kids going to be able to live in a better house than i live in now? are they going to be able to afford to own more and better quality property than i ow”
-
I Used to Help the Rich Avoid Tax - Part 1 Stephanie Brobbey“helping people to pass down assets that you know their wealth to their families their children families their children grandchildren”
-
The Decade The Rich Won on BBC2 - Intro, Outro & Gary's Highlights“it's gonna cause their kids and their grandkids to not have homes to live”
-
Rishi Sunak - Follow the Money“the vast majority of them is to simply focus relentlessly on maximizing the wealth of their kids okay so so so do you think wichita is going to do that”
-
Why Rich People Get Richer“most of these very rich people are older they have huge amounts of cash they give that money to their kids which means if you are a young person from a rich fam”
-
The Rich are getting even Richer - @conversationofmoney podcast“jeff bezos's kids will be trillionaires for a thousand years and that's owning the land that we need the properties that we need”
-
My First Podcast Feature - Pubtalks Podcast“how ritualized not that much about what you do it's about what your parents did you know so i don't really want to be pushing necessarily income taxes unless it”
-
Why Do Newspapers Want you to Stop Buying Avocado Toast?“increasingly the only way to get property nowadays is to get massive gift from your parents and people from poor families don't see that”
-
Basics of Investing“people from richer families are getting that money from their parents so you know it's an unfair system but if you're from a poor family the most important thin”
-
Why This Millionaire Supports a Wealth Tax“if we don't do anything about wealth inequality the economy doesn't get better, housing doesn't become more affordable, wages don't go up, well paid jobs don't ”
-
Autumn Budget Analysis 2021 @conversationofmoney podcast“rich people can guarantee that their kids will be rich then that guarantees that poor people's kids will be poor because if all the assets go directly from rich”
-
What is Wealth? - @conversationofmoney podcast“how rich you are is basically about how rich your dad was or how even how rich your granddad was”
-
Why is Rishi Sunak raising your Taxes?“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”
-
HOW do we fix Wealth Inequality? FIXING THE ECONOMY PT.2“it's about taxing the super wealthy families that get richer and richer every generation by taking money from the rest of us”
-
WHAT IF we fix wealth inequality - FIXING THE ECONOMY PT.1“what we have created is a society where 95% of us have to work long hours just to get by 4.9% of us don't have to work and can still live and 0.1% of us get mil”
-
How to get paid £480million... - Gary on Times Radio with Mariella Frostrup“we're in a situation where you can only be rich if your parents are rich”
-
Growing up Poor in London...“if you can't give your kids a big inheritance then they'll probably never get a house”
-
THE BUDGET: Will it Help You Get a House? ...Yes... (if you're rich)“for example a family like rishi sunak his dad's a billionaire his dad's a billionaire his dad's a billionaire you can ask his dad for a five percent you can ask”
-
CLASS: Does it still matter? Gary on talkRADIO with Cristo Foufas“if these guys mess up if they make a mistake if they lose their job when they need that 70 grand 100 grand deposit to buy a house they can go to their parents a”
-
MAKING MONEY - My First Bonus, Investment Advice & A Warning“we live in a world like realistically we live in a world now where the only way now where the only way to get rich is to be born rich or to to get rich is to be”
-
Who pays for this crisis: Rishi Sunak or you? Gary on talkRADIO with Ian Collins“it's about taxing families that are accumulating huge amounts of wealth and their wealth is just getting bigger and bigger bigger bigger”
-
How COVID-19 MAKES the Rich Richer - Gary EXPLAINS the theory“It'll mean that, realistically, people who are from a family that doesn't have a home now, will probably never own housing. It means that those people will be l”