twice, but we actually did the opposite, we declared that we would not send any nato troops into ukraine. we parked that way, we failed to recognise that ukrainian security is european security, and the consequences of this invasion right across europe are now being felt, notjust from a security perspective, but from an economic perspective, but from an economic perspective as well. we are now moving into a new face of this crisis. we cannot be timid or risk averse, we have to be more united. we have to assist ukraine militarily and look to see how it can be done, whether it be weapons systems, a no fly zone, we need to be more front footed on this, but also recognise putin himself. where does he want to take his country himself? he has no interest in the west, he doesn t care about western sanctions, he is tilting his country towards china, and until we pick up that understanding, we will not appreciate the new ventures they are rolling out. we are playing into his
ukraine to defend itself against further russian action.- ukraine to defend itself against further russian action. people like iain further russian action. people like lain duncan further russian action. people like iain duncan smith further russian action. people like iain duncan smith were further russian action. people like iain duncan smith were saying - further russian action. people like | iain duncan smith were saying that russia should be hit hard, hit them hard and hit them now, that is his message, in other words, hard and hit them now, that is his message, in otherwords, get hard and hit them now, that is his message, in other words, get on with it and don t wait? i message, in other words, get on with it and don t wait? it and don t wait? i think there is a case for it and don t wait? i think there is a case for having it and don t wait? i think there is a case for having very, it and don t wait? i think there is a case for having very, very - it and don t wait
who are part of the regime. we should who are part of the regime. - should welcome those russians who come here and genuinely want to settle here and whose money is legitimate, not laundered money stolen from the russian people. but many of the people who have settled status in the uk came in through the golden visa system which was a system established under the previous labour government and carried on under the conservative government, whereby if you had a lot of money, you could jump through all the loops of immigration checks, and you got a golden visa into the uk. now, at the height of that, i think it was about 2014, over 1100 people settled here in the uk, got a golden visa. 0f settled here in the uk, got a golden visa. of those 1100 people, 60% were either russian or chinese, and that was ain which there was kleptocrats,
forward. we have to try to save lives every way we can. this is why we re doing some of the other sanctions, because i don t want to see more stretchers of people going through, maternity wards being bombed, old people walking in the streets and the train stations. i think there might be an off-ramp. hopefully putin is realizing this more. the rest of the world is not going let him get away with it. you know, i know the diplomatic way out is the whole idea of give him an exit ramp, that he gained something here, but isn t there isn t that a strategic failure if he walks away from a this, believing he gained something? we can t think of it as success and failure when people s lives are on the line. look at that strain station, that video that president zelenskyy showed this morning.
defense number. and it means investing in american families. and this budget does that. and one of the ways it accomplishes that is by raising revenues in the most on some of the highest income, highest net worth individuals who are, as you just played the president saying, pay an average tax rate of 8%. billionaires paying 8%. that s a problem for this president. and i think a problem for most americans. bret: this is close to a wealth tax. but it s not really. there is a real question about the constitutionality of all of this, isn t there, jared? we think this tax is designed to pass constitutional muster. what it is is very much a tax on wealth and that s why it s so historic. because it tax appreciation and assets that you haven t, quote, realized or sold. and that is why the tax rate on these hundred million, 200 million and billionaires is so low. why it s below 10%, why it s