Gary Stevenson - prominent economist on current wealth distribution - who pays who s bills? Working class. Seems working class have never been takers huh
"I've been betting on this for years and years and years and years and years, and I've made millions of pounds as a trader, I've made millions of pounds since I've quit, betting on what's going to happen. Listen, we can see that the wealth is being transferred. You know, ordinary people used to be able to afford homes. Governments used to own wealth. That wealth is gone now. You cannot run your wealth down forever. Now that is gone. There is only three choices. Three choices for every government in the world. Three choices for the British government, three choices for the American government. Significantly increased taxation on the very rich, significantly increased taxation on working people or dismantling of the welfare state. I guarantee you, I absolutely guarantee you, we are going to see some combination of those three things. And I want to make it clear, I'm not trying to raise taxes and give it to the government. The reason this is tax wealth not work is because working people are paying 50% while billionaires are paying nothing."
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Gary Stevenson - prominent economist on current wealth distribution - who pays who s bills? Working class. Seems working class have never been takers huh