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Ex-City Trader Says Taxing the Rich Is the Only Way to Fix Inequality
9:36
YouTubeGood Morning Britain
Ex-City Trader Says Taxing the Rich Is the Only Way to Fix Inequality
Gary Stevenson left his lucrative finance job at 27 as a multimillionaire. Now, he’s campaigning for a fairer economy, arguing that the only way to fix the country’s finances is to tax the rich. Broadcast on 15/07/25 Stream Good Morning Britain live, every weekday from 6am on the ITVX 📲 http://daytimelink.itv.com/WatchGMBYT Subscribe now ...
288.3K views4 months ago
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Stealth Tax Examples
They call it a “stealth tax” but it’s daylight robbery… Here’s what’s happening: 🔹 Tax thresholds are frozen while inflation keeps rising. 🔹 Your wages increase, but you’re pushed into higher tax brackets. 🔹 You feel richer but you’re actually taking home less. The system prints money, drives inflation, then taxes you for it. Meanwhile, the wealthy use those same taxes to buy property, gold, and assets that rise in value. The truth? If you don’t own assets, you are the asset. It’s time to sto
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Jeremy Hunt announced stealth tax raids for millions as he confirmed: 👉 the Government would freeze tax free allowances until 2028 👉 and drag those earning more than £125,140 into paying the top rate of tax ⬇️ Follow the latest updates here https://inews.co.uk/news/politics/autumn-statement-live-jeremy-hunt-unveil-tax-hikes-spending-cuts-1976708 | The i paper
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Jeremy Hunt announced stealth tax raids for millions as he confirmed: 👉 the Government would freeze tax free allowances until 2028 👉 and drag those earning more than £125,140 into paying the top rate of tax ⬇️ Follow the latest updates here https://inews.co.uk/news/politics/autumn-statement-live-jeremy-hunt-unveil-tax-hikes-spending-cuts-1976708 | The i paper
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One Nation moved an amendment to a tax bill to end bracket creep, demonstrating our commitment to ending the Liberal-Labor stealth tax, who use inflation to push people into higher tax brackets. The last time we moved to end bracket creep, both major parties and the Nationals claimed they were against it, yet they voted against our amendment. Why? Because they lie! They like bracket creep because it’s a stealth tax - a secret tax. Both depend on bracket creep to quietly take more money from work
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