He adds: “The idea that squeezing a tiny elite of billionaires will pay for everything that we want and everything that we need is fantasy and we do need to expose that.”
The fact that we have a society with billionaires while millions are living in poverty means simply that the policies of the last 50+ years have failed our society.
Anyone defending billionaires is part of the problem and not looking for real solutions
Yes. He seems to forget that “officially” the top 10% hold around 43-45% of all wealth, while the bottom 50% hold only about 9-10% of total wealth in the UK. And that doesn’t account for all the wealth they have hidden away offshore etc.
There is a LOT that can be squeezed out of a not-so-tiny elite. Or, to be better phrased, redistributed justly.
Nobody needs to earn more than above £1m and there should be 90% tax above this figure (irrespectively if the earnings are from work or capital gains etc).
The fact that we have a society with billionaires while millions are living in poverty means simply that the policies of the last 50+ years have failed our society.
Anyone defending billionaires is part of the problem and not looking for real solutions
Yes. He seems to forget that “officially” the top 10% hold around 43-45% of all wealth, while the bottom 50% hold only about 9-10% of total wealth in the UK. And that doesn’t account for all the wealth they have hidden away offshore etc.
There is a LOT that can be squeezed out of a not-so-tiny elite. Or, to be better phrased, redistributed justly.
Guy must be worshiping Margaret Thatcher’s neoliberalism.
probably has a statue of her.
The head of the Fabian Society ?
*multi millionaires
Nobody needs to earn more than above £1m and there should be 90% tax above this figure (irrespectively if the earnings are from work or capital gains etc).