that is all we have coming up next, close up meets 1000000. as i'm building as cooling for high a wealth taxes to address the growing gap between rich and poor. that's coming up. next, i'm a new kids and making them thank you for watching the learn shannon ball thing in the side of things. this award winning offer is available world wide for every language that mannings them and has never been sent to. to go a fresh wind is blowing as i meet julia enrolled at wild woodbury. it's

a huge piece of farmland in southern england that's being returned to nature. thanks to julia. okay, so this is the name can be see more of it. yeah, let's, let's 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 can't understand why her, well seasonal being taxed, she's 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 old to rich. you have to start now. tax the also rich and do it now or this messa was signed by more than $200000000.00 as unpaid dna,

as worldwide watts, or who you're stopping in. so we might, well just talk to you a statement and as we walk to try to address extreme welfare nicole to see cuz that's 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. they've got to fly around the world in private jets. of course, they've got to, you know, by themselves and must see cpr if they put the money to do it for too long. we've always allies this lifestyle and we'll be paying the price for that life styles and the natural well it's playing a price as well. and for me, i'm absolutely heart broken by what we've already allowed to happen. so i'm not

sure well and on to time, and so they will, i kind of a little bit that 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 the motorcycle, 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. and that means that there's 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, it's 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 don't have a problem to, to lose a todd. so if you will split fixation, i'd say it's losing a lot of my wealth. i see it is an invest in public. well, it's one that i think it's just right. you know, this is, it's okay to, to have more of our use. i don't 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. what's the reason the politics don't to, will fix? we have a situation where we have some people now with such extreme levels of wealth, they have low power, then i'll government and they have power. overall government is absolutely clear that all government is not listening to the people because we've shown through um, massage that people are in favor of taxation of wells and positions don't seem to be which suggests that they're listening to the us. the small group of people who have the most explain levels of welfare do not want, not talk stationed up. it's rough. farmington is the project manager at wild woodbury, julia davis, pacey salary. he make sure the land is able to recover on the native flora and

fauna come a ton and flourish. i hope you're just to lentil, which is revised. there are no trivial purchased. well, would raise a $170.00 hector's, and that's 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 our greatest tricia and it's on the threat. it's those like uh, the super rich, the to contributing disproportionate, the, to climate change. we are in the situation now with our children and grandchildren are going to be well. so phenomenal. i'm, i'm 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.

i've now come to london to meet another multi millionaire who's fighting for tax on extreme wealth. london continues to be the number one financial center in europe and the city where the most 1000000 as and 1000000000 is live not to go and have them say for a wealth tax. in fact, many have stashed away their money into tax havens. the reigning monic enjoys special privileges, according to know the money can fucking impalas, 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. monex dies. i am now meeting phil whites like dounia davy, c. 21. so wells tax under the stern gaze of griffin's legendary prime minister,

winston churchill, we made nip, call him and he too has signs opened much as cooling for a tech station on extreme wealth. the rich must pay their fair share in every country in the world. tax us the rich and tax us 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 of. and really the wealthy people like me,

can contribute more, but actually take more of that load to help the country generally the in front of the house of parliament. so its life, those positions make it well fix. i don't understand why politicians don't bank a well stocked, frankly, and it's always been something that's been on the agenda, but politicians don't like to do it. but it's kind of old, i mean, with a, with very specifically talking about top seeing extreme, well, see, and so we're not talking about the types of people we have. so what i was told was i talking people with millions of times you can afford to pay a bit of money and i can't see any logic in not doing that. so is by no means a lot even amongst his pay is the group of peach tree uptake 1000000 as is growing all type of coal spots here, 1000000 is through some friends and we've got all the people we've worked for it. we've also inherited wealth, but everybody's 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 to it is the way forward on this. well, usually with half the photos taken at westminster, we have enough to a nearby pub 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 wealth tax fil advocates, implementing a global wealth tax and to reject the frequently cited argument that it would cost 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 didn't match with the 26236000 stayed in no way. so it was a very small effects people less so again, these statistics are often used and put against, but yes, we do need,

we do need international agreements on this. that's 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 world's wealthiest, indeed, phil lights joins the crowds because we are in favor, we'll talk to you, they really want to reduce his level of wealth inequality in the world. the so corrosive to society, whether the demonstrate this message goes through to the rich and powerful meeting and signed is not clear. we didn't 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 while i was standing in doubles arguing so well. stop susan arguing against the the quality it demonstrates is representing the 99 percent of society,

the to know which we tend to demo smell some fil white. was that along with austrian multi millionaire monday the anglo horn. i've arranged to meet in vienna outside the newly revamped parliament building no make has only returned to the building last year of the use of renovation walk. marlena angled hahn is 31 years old and studied german language and literature. family made its fortune through the pharmaceutical company building on manheim. late grandmother's wealth was estimated, didn't any full 1000000000 euros. she herself inherited many millions malayna ingle horton advocates, the social justice. she's 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. it's unacceptable that most wealthy systematically concentrated. i'm on a few people get 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. it's unfairly distributed and it doesn't have to be that way. it's 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 like 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 couldn't be accumulated in the 1st place. if you don't 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,

it's not the welfare lead to the rules of the ass for both of us. just a stone's throw from the parliament and the renowned book data is cafe locked month . it's 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. it's the politicians that the 1000000 as it raining to reach and that open latch as cooling for a wealth tax. the divide between the very rich and the rest must close tax us before it's too late, especially the elf. and i'm also speaking on behalf of our initiative tax 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, it's a question of power. why am i, as

a wealthy person, allowed to decide what is a good tax model and what's 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 it's just a one time is fetus or do you think a wealth tax would from the super rich to leave the country was progressive? don't forget that most people with the high net with i'll just normal people and some of the children go to school here. they have working relationships and friendships here. they're imbedded in society. they might also love that home and have done up the wonderfully. so they don't 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 doesn't work. real estate company moved because it has a wealthy families usually have a stack of financial advisors who make sure that wells keeps on growing

finish. but yeah, because say i represent the richest one percent of society and view as watching represent the other 99 percent. this is how it works. i have an incredible amount of money. let's say 100000000. yours was speaking hypothetically. and i go to the bank with my 100000000 and one to put it in my account. the bank waves 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 apartments, moshe more government bonds, and so it goes on increasing and increasing and it doesn't stop. this happens to all as such stuff. i know it's a dry subject and your home and go home the scope of the day have it's just tag. yes. hi, my name is josh. i chief eh, i am a rainy and danish and dublin. yeah, i was born at the around and $61.00. i think it's still important that the people like me to be really speak up because it'd be, it'd be a big part of the solution. if people say hey, likes the last couple of minutes to get the financing, but sorry, the government don't have the money bought this one doesn't. has the money. christian's gone palace in copenhagen is the see to the danish parliament. this is

where i meeting is jeff. uh, shawna 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 wells tax could advance the un sustainable development goes o s d geez, i am and what 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 off problems. so this does have it to you to see the dog, the top one percent. i don't believe you can do it. that's why how you became a window now. eh, a. i think i wish 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. date for

the case. a 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 that's why i was a 5 think against that. yeah, here in front of 2 students, books that they missed. parliament light on full efficiency implement there will sticks the pushing don't do it is very simple, actually is because feel the suit for each i influence so hot because a behind every one of them, the some, the organizations, some subordinates, some companies donating to them. and the that's unfortunate as the one of the biggest problems, and they don't have the courage to do it. that's why we need to go in the get the money out of politics. if you don't get the money out, i don't believe you can do it. the jeff on his will say sign to the open left to the politicians that most so in

tax we trust address the elephant in the room in a toilet seat. that's the message from jeff off malayna and others to world leaders . yes, we want to educate public, the hunger shelter, environmental problems and so on. but it requires something about c trillion dollars to achieve that every year. and i was just just and was yes, the top one percent she would like to do it because one percent, it's a one activities about 3 stadium because we have so much money in our hands. so that was our proposal and we would laugh done. but now somebody is after the media, does that talking about media, g o's and so on? so i'm happy that the dental, the laughing anymore get together seriously. you also would lose money. is a problem for, you know, because the, for me to give one percent,

my gain is more than 10 percent every year. so we just be a little bit of the gaming in even the, the getting something out of my wealth. so it is to produce can live their lives, like the oldest, have done, and of the same time a save all planet and be the heroes activity you said that it was takes is better and makes more sense than feel entropy. why do think so? i should not the site what i like to support maybe i like gets 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 develop a system. so it benefits every party and not because what i like or what i don't like solving the world's 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. it's the politicians who are holding back. i now have an appointment with sebastian cline. he's another multi millionaire, or rather a full man multi millionaire. he co developed the apps reading test, which summarizes non fiction books to reduce people's reading time. yeah, was sold last year for 200000000 years. he found his resulting wealth, problematic he's had to meet you lets me out a few mate into recent years. 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 well to myself, i didn't want to become a part of the problem, but rather part of the solution. and how would you be taught to the solution? they helped me because i decided to give up 90 percent of that wants to transfer it to a charitable organization, but it's no longer part of my private assets, but can benefit society because as of to just in here for them with standing here

in front of the german parliament politicians would have the means to change something to tax extreme wealth. so i am, let's, let's, let's, what was your message to them? as a spence machine, i think it's shameful. the way things are now, labor is heavily taxed. well, assets aren't 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 and 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 then while at the same time, there's all of his private wealth that's 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 need to have linda. how does it seem printer? why do you think they're not doing anything?

the parties we offer them, i 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 stuck in. they'll be home. i'm guessing they're gonna have to then together with others, sebastian cline 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 its top lights at this disorder, ultimate and that's the lesson the funding fee prove out to me it was actually quite a burden to me to have so much private wealth find 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 can't rule out

that one day there might be this beautiful vineyard that i'd like to buy but can't . and then maybe i'll be annoyed again, but if that happens, i'll just have to deal with it. how about the off was done, understand? even talk on his announcement that he would be donating the money for charitable causes, suddenly created to sta, the discriminant. see a top of the loads of people wrote to me because even somebody been sent me their account details right off. i could have given the money away very quickly, but i thought it was good if i'm not treating this as my private wealth, how can i maximize the positive effect that this capital has on society becomes and, and i'm still trying to figure that out the time for the 2nd, one of the 1st things i want to do now is to start the media fund titles, because many small media companies in germany are under funded. and we really have a problem with the media landscape endorsement insights. feel like a lot of people are no longer getting their information from reliable sources with their medium. so that's one project. now, if i don't understand this,

a few more to come in order. so since i'm, we're done with looking paul by the name game, that's 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. they've all widens the gap between rich and poor logic. is there something that needs to be looked at so that when equal societies are not stable? there's 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 executive to lean 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. that's not desirable. not for the rich either of this, you can see what it's like in countries where the society is even more on equal. the rich have to live behind barbed wire fences and have soldiers protecting them from attack. and sticking this numerous clifton to them.

social cohesion can only work if the gap between which and pool is not too great. if wealth is not concentrated in the hands of a few, that is even that some to coal for an upper limit tone. well, once intervening, you mentioned these are so few people reject the idea of an upper limit on wealth. others are almost everyone says, yes, it's ok to limit the question is where you limited would have an opinion on that. and then everyone has an opinion on that was gone, it would just have to be negotiated politically. but to say that it's okay for someone to have 50000000000, while others have nothing or drowning in debt. is something that very few people find fair, living expenses, and in my experience, even wealthy people don't think it's fair mention because a diesel from linton one of the world's richest men, a loan mosque is west nearly 2 $100000000000.00. that's 200000 1000000.

such wells can undermine democratic gnomes. is it any more clear to humans aren't alone 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 don't do what i want, then unfortunately i have to move a lot of jobs abroad. so she and that's not a mess. this is, it gets what people with great wealth save themselves, of course. and then i can confirm that to me about what does i have much more access to politicians when your average person on the street. and that just doesn't fit with the idea of democracy. and where everyone should have a voice and conflict, and just wondering what, 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 old friends mean friends and nature defend itself in case of an emergency. we cannot guarantee that we could protect munich frankfurt. berlin sandwich faced with russia is war against ukraine. graces ministry line shows. we can nato offer its members suspicion protection and security basic kinds depends on 90 percent on the us basically attacked what the alliance really close rang

out to caught document nation starts april fools on dw, the it was a democratic see change the opposed people voted out the right wing populace from the law and justice party set up again. increasingly, it seems they were nothing more than season crooks the most to me. so if i'm optimistic, i feel good about what's to come to the bottom book of all the elections have shown that the majority is fed up but the country is divided by.