A huge piece of foam and in southern england thats being returned to nature. Thanks to julia. Okay, so this is the name can be see more of it. Yeah, lets, lets have a look and take a look. Julia davies is a multi millionaire with a passion for nature. Her extreme wells came when she sold her stay can Outdoor Equipment company or spray europe a few years ago. She cant understand why her, well seasonal being taxed. Shes positive patriotic 1000000 as the coalition of the super rich calling for a tax on extreme wealth. They make that case and open left has to their respective governments in a time of increasing inequality. They say the solution is playing for all to see you are global representatives, have to tax us the ultra rich. You have to start now. Tax the also rich and do it now a, this messa was signed by more than 200000000. 00 as unpaid unit as worldwide watts, or who youre stopping in. So we might, well, just talk to you a statement in as we walk to twice to address extreme welfare nicole to see because thats part of the problem. Part of the problem is that we have concentrated wealth money in the hands of a smaller and smaller groups of people. Unfortunately, those with most wealth, all the ones are consuming results in the world, in the most extreme way excessive extreme way of costs. Theyve got to fly around the world in private jets. Of course, theyve got to, you know, by themselves and must see cpr if theyve got the money to do it for too long. Weve always liked this lifestyle and well be paying the price for that life styles and the natural well its playing a price as well. And for me, im absolutely heart broken by what weve already allowed to happen. So im not sure well and on to time, and so they will, i currently little bit the i can do with my money to try and do something about that. To come back, the last of biodiversity, julia paid nearly 5000000 euros to buy this farm land, not for himself, but for the British Wildlife trust. It was an interest free loan, which allows for many more like it. I came up with the idea of lending them the money so that they could buy sites like this. And then once they got the land enables them to then get funding and from other sources to re pay me back. Which means i can then do another project. The loan has since been repaid and more land purchased for re wilding. Julia says a wealth tax would give the Government Funds to tackle the climates, emergency inequality and buttons cost of living crisis to the wellsystems, dishonesty of paying low overall levels of well for you know, proportionate levels of wealth. Some people who are just walking, you know, who are watching for living, using the label to and money, the wealthy society, they get the money from now wells. And then not being taxable. Not in any way, like the degree to which people who are walking or getting tax. So im not means that theres less money coming into into sort of, you know, that public funds to invest in doing things like repair and law schools and maintaining our, and it just suits, unfortunately, its grossly under results right now. So we propose looking at a wealth tax or wealth above 10000000. 00 pounds, maybe one to 2 percent. Um and i can assure you that wealthy people can afford to pay that without impacting, di lifestyle whatsoever. So you dont have a problem to, to lose a todd. So if you will split fixation, id, id say its losing a lot of my wealth. I see it is an invest in public. Well, its one that i think its just right. You know, this is, its okay to, to have more of our use. I dont think we should be ashamed about things heading, but things on the morally correct thing to do. But if we have to bring self interest into it, i think everybody benefits from living in a wealthy, salty, and everyone is better off when everybody is better off. Whats the reason the politics dont to, will fix . We have a situation where we have some people now with such extreme levels of wealth, they have low power, then ill government and they have power. Overall government is absolutely clear that all government is not listening to the people because weve shown fruit massage that people are in favor of taxation of wells and positions dont seem to be which suggests that theyre listening to the us. The small group of people who have the most explain levels of welfare do not want, not talk stationed up. The rough farmington is the project manager at wild woodbury, julia davis, pacey salary, he make sure the land is able to recover, and the native flora and fauna come baton and flourish. I hope youre just to lentil, which is revised. There are no trivial purchased. Well, would be a 170. 00 hectors, and thats pretty much everything we can see as far as the, the more intensive blocks of, um, kind of has everything in this direction and actually be on the horizon uh all the way to the nearest village. Julia davis believes nature is all great is trisha and its on the thread. Its those like uh, the super rich, the to contributing disproportionate, the, to climate change. We are in a situation now where our children and grandchildren are going to be watch off the know. So im, im ashamed of that. I really am ashamed of that. And that is directly related to the concentration of wealth in the hands of fewer and fewer people. Because i think we have a consensus that we need to do something and to, to reduce the potential of dangerous climate change. But at the same time, we have extremely wealthy people who are using the wealth to block size changes. Ive now come to london to meet another multi millionaire whos fighting for tax on extreme wealth. London continues to be the number one Financial Center in europe and the city where the most millionaires and billionaires live. Not to go and have them safe for a wealth tax. In fact, many have stashed away their money into tax havens. The reigning monic enjoys special privileges, according to little the money back in Buckingham Palace pays no income tax on that personal allowances or the millions they end from leasing out the royal estates. Nor do they pay inheritance tax on the billions to be inherited off the aiming. Monic dies. Im now meeting phil whites like. Do he a d v. C to one. So wealth tax under the stern gaze, of course, is legendary. Prime minister, winston churchill, we made nip hollomans. He to his feelings open much as cooling for a tech station on extreme wealth. The rich must pay their fair share in every country in the world. Tots us the rich in texas. Now, the phil white skein to as well from being a partner and major stakeholder in lodge consulting firm. We wilks, the few steps to the palace of westminster, the seat of the british parliament. Phil believes the tax on wells like his is long overdue well of a millionaire. I do believe that millionaires can usually contribute more to this country. What we see is a lot of people are really struggling with the cost of living choices with a whole bunch of social issues and crumbling infrastructure in many ways in the u. K. And we need money, governments, the money to solve that. And really the wealthy people like me, can contribute more, but actually take more of that load to help the country generally in front of the house of parliament. So life, those positions make it well fix. I dont understand why politicians dont make a wells tact, frankly. And its always been something thats been on the agenda, but politicians dont like to do it. But its kind of all, i mean, were a, were very specifically talking about top seeing extreme wealthy. And so were not talking about the types of people we have. So what i was told was i talking people with millions of pounds, you can afford to pay a bit of money and i cant see any logic in not doing that. So is by no means a lot even amongst his pay is the group of patriots take 1000000 as is growing our type of Cross Country on 1000000 is to some friends. And weve got on for the as weve all faithfully worked for it. Weve also inherited wealth, but everybodys coming out from the same point of view, which is we need to do Something Better with this. And we need to do that through government and taxation is the, is the way forward on this. Well, usually wed have the photos taken at westminster. We had off to a nearby hub. It turns out that texting the super rich for the benefit of society is an attractive concept for many. In england, i mean, we do, you know, popular millionaires. We did some, some polling, and we filed the, you know, the majority of people being siphoned wells tax fil advocates, implementing a global wells tax and to reject the frequently cited argument that it would cause the super rich to least the country. You know the statistic that i think somebody like 24000000 is from norway left to go to switzerland and to avoid taxation. The statistics didnt match with the 26236000 stayed in no way. So it was a very small refresh, people less so again, these statistics are often used in put against but yes, we do need, we do need International Agreements on this. Thats important. Every year in january demonstrate to slope to the switch result town. If they have us to protest the wells, economic for in a meeting of the worlds wealthiest, indeed, phil lights joins the crowds because we are in favor, well talk to, you really want to reduce his level of wealth into quality in the world. The so corrosive to society, whether the demonstrate this message goes through to the rich and powerful meeting and signs is not clear. We didnt get any reaction from liberty can all make for, for on site. But again, we did get a lot of interest again from around the world actually in a gotten in the media and presenting that story and understanding why all the standing and doubles, arguing so well. Stop susan arguing against the the quality it demonstrates is representing the 99 percent of society, the to not which we tend to demo self. Some feel like was that along with austrian multi millionaire monday, the anglo han ive arranged to meet to in vienna, outside the newly revamped Parliament Building so may cuz only returned to the building last year of the years of renovation walk. Marlena angled hahn is 31 years old and studied german language and literature. Somebody made its fortune through the Pharmaceutical Company building on manheim. Late grandmothers wealth was estimated, didnt any full 1000000000 euros. She herself inherited many millions. Malayna ingle horton advocates, the social justice. Shes one of the most outspoken activists calling for a wealth tax commissioner, this is for moody. I would like to see a tax on the wealth of ultra rich people like me kind of sign. Its unacceptable that most wealthy systematically concentrated. Im on a few people fits with them by the richest one percent and all spear hold up to 50 percent of the wealth. Well, half the population has to make do with justin to 3 percent of the wealth. Its unfairly distributed and it doesnt have to be that way. Its designed just with them being in front of the parliament, building wild politicians taking action here. 9, i think politicians lack the women, the coverage to take a stand against wealthy people, live costs, and to say, yes, you want to keep your wealth, but the fact is that wealth is only created by society. So without the work of lots of people invest spending, your wealth couldnt be accumulated in the 1st place. If you dont respect that and you deny that your own wealth is linked to society, schools, all of that have to be financed. And how they find that just to texas, so you can make a contribution. And as a politician, you can require that this is a democracy. Its not the welfare lead to the rules of the asked of us, of us, just a stones throw from the parliament and the renowned book data is cafe locked money. Its traditionally a Meeting Place for actors, politicians, business people, and jen. It lists its back rooms have no doubt being the scene of many a political deal. Its the politicians that the 1000000 as it raining to reach and that open latch as calling for a wealth tax. The divide between the very rich and the rest must close tax us before its too late, especially the elf. And im also speaking on behalf of our initiative text. Me now where we is 1000000 as have made a joint commitment not to discuss which taxation models would be good or to come up with our own models. Because once again, its a question of power. Why am i, as a wealthy person, allowed to decide what is a good tax model and whats a bad one . No one who pays income tax is oscar. Do you think the income tax model is good . Would you have an alternative . The question is not even asked because its just a one time its fetus or do you think a wealth tax would permit the super rich to leave the country was progressing. Dont forget that most people with a high net with ill just normal people and some of the children go to school here. They have working relationships and friendships here. Theyre in bedded in society. They might also love that home and have done up the wonderfully. So they dont want to have to build a new one somewhere else to put it bluntly. Some assets constantly be moved abroad. Try packing your forest and your costs a new backpack and walking across the border. It just doesnt work. Real Estate Company moved because it has uh, wealthy families usually have a stack of financial advises who make sure that wells keeps on growing finish, but yeah, it has say, i represent the richest one percent of society. And view is watching, represent the other 99 percent. This is how it works. I have an incredible amount of money, lets say 100000000 euros. Were speaking hypothetically. And i go to the bank with my 100000000 and one to put it in my account. The bank wage, the finger at me saying ms. Angle home, you have to invest it. So i opened a securities account and i invest the money. Maybe i buy shares, meaning parts of companies then belong to me. Oh, i may buy Government Funds where i lend money to the state. I might invest a real estate, so i buy houses in which people live work. And then the following happens. The 99 percent have to eat, so they go to the supermarket in which i have shares. So when they go shopping, i get money. They have to live, so they pay rent somewhere, perhaps, and houses and apartments that i am. So they pay me rent. So i get a return on investment, i take that return to the bank and they say miss and get home, please invest. And then i buy more appointments, moshe more government bonds, and so it goes on increasing and increasing and it doesnt stop. This happens all as such stuff. I know its a dry subject and your homes and go home the scope of the day have its this pag yes. Hi. My name is josh. I chief eh, i am a rainy and danish and dublin. Yeah. I was born in san fran to 61. I think its so important that the people like me to be ready speak up because itll either be a big part of the solution. If people say like the last couple of minutes to get the financing, but sorry, the government dont have the money. But thats one percent. Has the money christians gone policy in copenhagen is to see to the danish parliament. This is where im meeting the chef shot of g, a multi millionaire who enters money in real estate. He came here as a child from iran. The danish welfare states enabled him to study and set up his company. Now he wants to give back. He says a wealth tax could advance the Un Sustainable Development goes o s d geez, i am. And what do you mean your navy . And the, i think that the, the super rich, it has to be a part of the solution to say, to solving our problems the, the, the 70, the cities, the dog, the top one percent. I dont believe you can do it. Thats why, how you became a window now. A, a i thing guy when it was lucky, i work a hot a have the right timing and so on and so on. So the, and the, the, the society is a good way to test system where the tests pay us the pay the fast. Yeah. Dates for the kids that go for 2 days on the pressure a lot of the pressure. So i see that beautiful baby society going more down than i this even more than 4 decades ago. And thats why it was a fighting against it. Yeah, here in front of system supports that they missed Parliament Light on full efficiency implement. There will sticks the pushing dont do it is very simple actually is because feel the suit for each i in for them so hot because a behind every one of them, the some the organizations, some super rates, some companies dont anything to them. And the thats unfortunate as the one of the biggest problems and the dont have the courage to do it. Thats why we need to go in the get the money out of politics. If you dont get the money out, i dont believe you can do it. The, just as well say, sign to the open left to the politicians that im also in tax. We trust address, be elephant in the room and equality. Thats the message from jeff off marlena and others to weld latest. Yes, we want to educate public, the hunger shelter, environmental problems and so on. But it requires something about the trillion dollars to achieve that every. Yeah. And i was just yes and was yes. The top one percent she would like to do it because one percent, its a one x rays about 3 stadium because we have so much money in our hands. So that was our proposal and we laughed on. But now, so many years after the many others are talking about it, many audios and so on. So im happy that the dental laughing anymore, did say get it seriously. You also would lose money. Is a problem for, you know, because the, for me to get one percent my gain is more than 10 percent every year. So be just be a little bit of the gaming in even the, the getting something out of my wealth. So it is 2, police can live their lives, like the oldest, have done, and of the same time, save all planet and be the heroes activity. You said that it was takes, is that the infor makes more sense than feel entropy. Why do think so . I should not the site what i like to support maybe i like catch. So i give all of my work to to get the, you know, you have a society that schools hospice as a so on. Of course it should be a democracy system that collect that money and spend that to the real fast system. So it benefits everybody and not because what i like or what i dont like solving the worlds problems, but the small contribution from the super rich certainly sounds good in germany to pose show a large majority in favor of taxing extreme wealth. Its the politicians who are holding back. I now have an appointment with sebastian cline. Hes in the multi millionaire or rather a full man multi millionaire. He co developed the apps reading chest, which summarizes non Fiction Books to reduce peoples reading time. Yeah, was sold last year for 200000000 new arrives. He found his resulting wells, problematic which had to meet you lets me out a few mate into the recent years. The thought a lot about the issue of inequality and i found the statistics really shocking to feed them in some countries like germany. So many people have nothing while a small group is getting more and more i just pulled in. And when i suddenly had all this wealth myself, i didnt want to become a part of the problem, but rather part of the solution. And how would you be part of the solution . They have decided to give up 90 percent of that wealth and transfer it to a charitable organization. Its no longer part of my private assets, but can benefit society because as of to con, just in here for them with standing here in front of the gym and call them and wet politicians would have the means to change something to tax extreme wealth. So i am, lets, lets, lets, what was your message to them . As a transmission, i think its shameful. The way things are now, labor is heavily taxed. Well, assets arent taxed at all, and income from assets is not taxed heavily or rather less than labor. When this is, the government does have options agreements, the inheritance tax, wealth, tax and Capital Gains tax could all be raised infringement. There are always a few 1000000000 euros missing somewhere in the budget. So schools face cuts and no longer work as well. And while at the same time, theres all of his private wealth thats not taxed at all. And so much inheritance that goes on taxed or barely taxed. So politicians do have a choice for the 2 categories. I think you have linda. How does it seem content . Why do you think that not doing anything the parties we also might keep asking myself the same question because it would be in the interests of 95 percent of the population. I think the wealthy just have a very strong lobby, so their voices get heard disproportionately in stock and theyll be home. Im guessing theyre gonna have to then. Together with others, Sebastian Klein now publishes a regular magazine promoting fac conditions in the workplace. The majority of his assets and now with a Non Profit Organization to which he himself has no access. Not everyone gets it. And he even admits himself that there may come a time when he regrets his decision. But right now he feels good about dates. To apply to that is to sort of ultimate and thats the lesson, the phones, if you prove out to me it was actually quite a burden to me to have so much private wealth signs and i find it liberating to say, okay, i no longer need to think about how i can manage these assets, so they increase by to find out if it was mostly liberating. But i cant rule out that one day there might be this beautiful vineyard that id like to buy but cant. And then maybe ill be annoyed again, but if that happens, ill just have to deal with it. How about the off . Was it tell me to send him a truck on his announcement that he would be donating the money for charitable causes . Suddenly created to sta. It is the school when you see a top of the loads of people wrote to me because even somebody can send me their account details right off. I could have given the money away very quickly, but i thought it was good if im not treating this as my private wealth, how can i maximize the positive effect . But this capital has on Society Comes in. And im still trying to figure that out to be tied to one of the 1st things i want to do now is to start the media fun titles. Because many small Media Companies in germany are under funded. And we really have a problem with the media landscape off with us until sunday and fights feeling a lot of people are no longer getting their information from reliable sources within media. So thats one project. Now i can understand theres a few more to come in order. So since im, were done with looking paul by the name game, thats certainly no shortage of options. Gemini is wealthy, but poverty and homelessness around the rise. The corona virus pandemic, the will renew, crane Spiraling Energy prices and inflation. Theyve all widens the gap between rich and poll. Lisay because of the needs to be looked up so that when equal societies are not stable, theres more envy, divisions, and hatred more crime when and i think we need to make it clear this affects everyone to all, even the wealthy and because theyre just leaving. If you live in a society that so when you called at the poor start rubbing others because they have no money and see no way of earning an honest living thats not desirable. Not for the rich either. Of this you can see what its like in countries where the society is even more on equal. And then the rich have to live behind barbed wire fences and have soldiers protecting them from attack. And sticking this numerous and your girlfriend to them, social cohesion can only work. Yes. The gap between rich and poor is not too great. If wealth is not concentrated in the hands of a few, that is even that some to code for an upper limit. Tell me, well, when its intervening, you mentioned these are so few people reject the idea of an upper limit on wealth. Others are almost everyone says, yes, its okay to limited. The question is where youre limited. We have an opinion on that and everyone has an opinion on that was gone. It would just have to be negotiated politically, but to say that its okay for someone to have 50000000000. 00, while others have nothing or drowning in debt. Is something that very few people find fair living smith and in my experience, even wealthy people dont think its fair mention because a diesel from linton one of the worlds richest men, a loan mosque is west nearly 2 100000000000. 00. Thats 200000 1000000. Such wells can undermine democratic gnomes. Is it any more clear to you . Im sorry, im in a democracy. We say everyone has a single vote. But the truth is that if i have, well, if i have economic and financial power, i have more than my vote. I have access to politicians, i can push through my own agenda more effectively. Comes i can say, man, if the politicians dont do what i want, then unfortunately i have to move a lot of jobs abroad. So she, thats not a mis. This is, it gets what people with great wealth, say themselves. And i can confirm that to me about what does i have much more access to politicians when youre average person on the street. And that just doesnt fit with the idea of democracy and where everyone should have a voice and invest in this when people, cuz he does understand the democracy, social cohesion, and all welds Natural Resources are all at risk due to the concentration of extreme wealth in the hands of a few and yet the solution could be so simple, the get ready for an exciting auburn toyota to look surprised. Hi, irish. And im ready to dive into the hands of human to you. One need to have you have a window on the spot on the, on expected side to side. Enjoy this, the shadows of these pod costs and video shed lights on the donkey street. Devastating colonial har is infected by germany across up, and he employed schools, farms and destroyed lights. What is the legacy of this wide spread races, depression, today . History. We need to talk about here, the stories, shadows of german colonialism. The it was a democratic see change, the pose people voted out the right wing populace from the law and Justice Party set up again. The thing is with increasingly it seems they were nothing more than season crooks. Im optimistic. I feel good about whats to come about it because all the elections have shown that the majority is fed up but the country is divided friends and theyll be a resistance from the right great years. Right wing nationalist populist