video UK · 25 March 2022

Spring Statement Reaction - Trader Gary Stevenson

Trader Gary Stevenson critiques the Spring Statement, arguing it disproportionately benefits the super-rich through tax cuts on wealth while increasing taxes on ordinary working people via National Insurance. He advocates for a wealth tax to support struggling families, asserting the statement is political theatre masking a significant transfer of wealth upwards.

By Gary Stevenson

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Arguments in this video

Income is not wealth Gary Stevenson · 00:08
“rishi doesn't pay at least on his income from his wealth because we get our money from our wealth”
Taxes wealth like work Gary Stevenson · 00:12
“he's cutting taxes on on the super rich and raising taxes on working people”
Curbs extreme inequality Gary Stevenson · 01:18
“this is a case of the poor and ordinary hurting and the rich have never ever ever made more money”
Raises real revenue Gary Stevenson · 01:25
“the only way we save ordinary families like the people listening to this now is by getting that money back from the super rich”