video UK · 27 April 2022

Gary Stevenson Speaks to Patriotic Millionaires Washington DC

Gary Stevenson, an ex-Citibank trader, argues that extreme wealth inequality is collapsing economies, drawing on his experience betting against the US economy's recovery post-2008. He contends that only by forcing the wealthy to pay their fair share of taxes can economic disaster be averted, challenging the notion that inequality benefits the economy.

By Gary Stevenson

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Arguments in this video

Untaxed wealth discourages working-class enterprise Gary Stevenson · 03:27
“what happens to an economy where all the money flows to the richest and nothing is left for the rest well i'll tell you what happens that economy dies”
Curbs extreme inequality Gary Stevenson · 05:11
“and the only way to make that happen is to actually force rich people to pay their taxes”
Strengthens social cohesion Gary Stevenson · 04:30
“if your economy dies my economy dies too and my community my friends and my family their future their hopes and dreams they are dying as well”