the security basically depends to 90 percent on the us out to the hotel commentary dots april full on dw, the a fresh wind is blowing as i meet julia enrolled at wild wood. very. it's a huge piece of foam and 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 wealth came when she sold her stay can outdoor equipment company or spray europe a few years ago. she can't understand why her well says no 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 as 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. this not to was signed by more than 200000000 as unpinned unit, as worldwide watts, or who you're stopping in 3. my was talk to a statement in as we walk to twice to address extreme wealth and the call 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 group of people. but unfortunately,

there is with most wealth, all the one's all consuming results in the world in the most extreme way excessive extreme way. of course they've got to fly around the world in private jets. of course they've got to, you know, by themselves and massive cpos. they've got the money to do it for too long. we've always liked this lifestyle and we'll be paying the price for that life styles and the natural well it's probably not 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 i'm 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 herself, but for the british wild life 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 repay 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 the cost of living crisis. as the wellsystems dishonest are 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 a living using valuable 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 i'm not means that there's less money coming into into so there's, you know, the public funds to invest in doing things like repair and law schools and maintaining our, and it tries to unfortunately it's grossly under results right now. so we've proposed looking at a wealth tax or wealth above $10000000.00 pounds,

which may be 102 percent. 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 talk. so if you will split fixation, i'd say it's losing all of my wealth. i see is an invest in, in public. well, it's one that i think it's just right. you know, there's a so case of to have more of our use. i don't think we should be ashamed about things heading, but things on the morally correct thing today. but if we have to bring self interested 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 as well. so 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 research 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 extreme levels of welfare do not want, not taxation to happen. rough farmington is the project manager at wild woodbury, julia davies, pacey salary. he make sure the land is able to recover and the native flora and fauna can return and flourish a house or just the lens or which is revised. there are no tell you purchased, well would praise a 170 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 its on the threat. its 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 washed off the no, so i'm, i'm ashamed of that. i really am ashamed of that. and that is directly related to the concentration of wealth, and it has a fewer and fewer people because i think we have a consensus. so we need to do something and to, to reduce the potential of dangerous climate change. but 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 an 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 little the money came. 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 to the reigning monic dies. i'm now meeting phil whites like dounia davy, c. 21. so wells tax, under the stern gaze of persons legendary prime minister, winston churchill, we may near parliament due to his signs, open left, his calling for a tech station on extreme wealth. the rich must pay their fair share in every country in the world. tax 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 will the few steps to

the promise of westminster, the seat of the british parliament. phil believes the tax on wells like his is long overdue. well, other millionaire and i do believe that 1000000 is, 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 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 make 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 we're, we're 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 pounds, 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 loan amongst his pay is the group of patriot 6000000 as is growing. all type of coal spots here, 1000000 is through some friends. and we've got on for the people we've worked for it, we bought you inherited wealth, but everybody is 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, nearly with half the photos taken at westminster, we had of 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, 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 cause the super rich to least the country. you know the statistic, 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 left. so again, these statistics are often used in put against, but yes, we do need, we do need international agreements on this. that's important. every year in january demonstrate is flocked to the switch result town of douglas to protest at the wells economic for in a meeting of the world's wealthiest. indeed, phil lights joins the crowds because were in favor. we'll talk to, you really want to reduce his level of wealth into quality in the world, the so corrosive to society. whether the demonstrate is message goes through to the

rich and powerful meeting is assigned to is not clear. we didn't get any reaction from the body can all make for, for on site. but again, we did get a lot of interest again from around the world would actually in a gotten in the media and presenting that story and understanding why all the standing in davos arguing for well types is and arguing against the, the quality, the demonstrations representing the 99 percent of society the to know which we tend to demo self some feel like was that along with all spin multi millionaire monday night. hang on hon. 5, arrange to meet to in vienna outside the newly revamped parliament building. so may cuz only returned to the building last year of 2 years of renovation walk.

malayna angled hahn is 31 years old and studied german language and literature. somebody made its full june through the pharmaceutical company building on manheim . late grandmother's wealth was estimated. didn't any full 1000000000 euros she herself inherited many millions marlena in horn advocates, the social justice. she's one of the most outspoken activists calling for a wealth tax. rest of 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 fits with some of the richest one percent and i'll be a 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 while politicians taking action here 9, i think politicians lack the willing, the coverage to take

a stand against wealthy people like us 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 would 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 leads. the rules to ask for those of us, just a stone's throw from the parliament and the renowned book to out to is cafe locked money. it's traditionally a meeting place for actors, politicians, business people and jen. it lists it's back rooms have no doubt being the scene of many a political deal. it's the politicians,

but the millionaires are aiming to reach in the open latch as calling 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 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, 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 enough, tentative? the question is not even asked. so i just stay is one time, is this something you think a wealth tax would probably the super rich to leave the country was progressive. don't forget that most people with a high net with just normal people and the children go to school here. they have walking relationships and friendships. yeah. they're in bedded 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 uh, wealthy families usually have a stack of financial advisors who make sure that wells keeps on growing. finished by just 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 euros. we're 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 appointments, moshe more government bonds, and so it goes on increasing and increasing and it doesn't stop. this happened at all such stuff. i know it's a dry subject and your home and go home. joke of the day have it's this tag. yes. hi.

my name is josh eci. eh, i am a rainy and danish and dublin. yeah. i was born and say around and 61. i think it's so important that the people like me to be ready speak up because it'll either be a big part of the solution. if people say, hey, let's ask of a go in minutes to get the fundraising, bud, sorry, the government don't have the money bought. that's all one prison has the money christians go on policy and copenhagen is to see to the danish parliament. this is where i'm meeting the chef shaw 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 to you and 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 that, to solving all problems. so the,

the 70 to cease to dollars the top one percent. i don't believe you can do it. that's why how you became a realtor now. a or i think i wish it was lucky i work really hard a i have the right timing and so on and so on. so with, and the, the, the society is a good way to, to assist them with the techs pay us the pay the, the fast. yeah. dates for the kids that go for 2 days on the pressure a lot of the pressure. so i see they beautiful, they, the society going more down than i this even more than 4 decades ago. and that's why i was fighting against this. yeah, here in front of the system supports that they missed parliament light on for the distance implement there will sticks the pushing don't do it is very simple actually is because feel the suit for each i it for them so hot because

a behind every one of them the, some, the organizations, some super rates, some companies don't anything to them in 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 little say sign to the open less as the politicians than most. so in tax we trust address the elephant in the room in equality. that's the message from jeff off malayna and others to world leaders. yes, we want to educate public see hunger shelter, environmental problems and so on. but it requires something about c trillion dollars to achieve that every year. and i was just and was yes,

the top one percent you like to do it because one percent, it's a one activities about 3 stadiums because we have so much money in all hands. so that was our proposal and we would laugh done. but now somebody is after the media, does that talking about it? many ideals and so on. so i'm happy that the dental, the laughing anymore gets it, get it 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 it'd be 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,

i like to support maybe i like gets so i give all my work to to get the, you know, you have a society that schools hospice and so on. of course, it should be a democracy system that collect that money and spend that to the bill the fastest. and so it beneficial to everybody 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 is the politicians who, 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 app fling chest, which summarizes non fiction books to reduce people's reading time. yeah, was sold last year for 200000000 years. he found his resulting wells, problematic we have to meet you, let's the out a few more than 2 recent years. the thought

a lot about the issue of inequality and i found the statistics really shocking filaments and in 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 part of the solution they have because i've 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 kind of just doing here for them with standing here in front of the gym and call them. and when 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 of human 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 in schools space cuts and no longer work as well. and then while at the same time, there's all this 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. you put it together because i think you have linda. how does it seem content? the why do you think they're not doing anything? the party be awesome. 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 voice has get her disproportionately stuck in, they'll be home. i'm guessing they get ahold to band 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 it. to apply to that is to sort of ultimate and that's the lesson before the supervisor . i mean, 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. i'm a dolphin was done, understand even talk on his announcement that he would be donating the money for charitable causes, suddenly created a sta or just the school. when you see a top of the loads of people wrote to make is leaving. 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 i'm not treating this as my private wealth, how can i maximize the positive effect? but this capital has on society comes in and i'm still trying to figure that out to be tied with. one of the 1st things i want to do now is to started media fund titles, because many small media companies in germany are under funded. and we really have a problem with the media landscape off with us endorse funding sites. if you live a lot of people are no longer getting their information from reliable sources within medium. so that's one project. now i can tell you there's one on this and there's a few more to come in order. so since i'm, we're done with looking paul by the name game, there's certainly no shortage of options. gemini is wealthy, but poverty and homelessness around the rise. the corona virus pandemic. so we're, we're in ukraine spiraling energy prices and inflation. they've all widened the gap between rich and poor, lazy cuz they stuff needs to be looked at so that one equal societies are not stable. there's more envy, division,

and hatred. more crime when and i think we need to make it clear that this affects everyone to all, even the wealthy and because they have 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. and then 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 met some to coal for an upper limit. tell me, well, once in the beginning you mentioned these are new. so if you people reject the idea of an upper limit on wealth plus others are almost everyone says, yes, it's okay to limit it to the question is where you limited would have an opinion on

that. and then everyone has an opinion on that. it would just have to be negotiated politically, but to say that it's okay for someone to have $50000000000.00, while others have nothing or drowning in debt. is something that very 2 people find fair living smith. and in my experience, even wealthy people don't think it's fair mention because i, diesel from middleton one of the world's richest men. a loan mosque is with nearly $200000000000.00. that's 200000 1000000. such wells could undermine democratic knowns. is it, you know, the mill cut teams aren't allowed 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 is the politicians don't do what i want. then unfortunately, i have to move a lot of jobs abroad. so she, that's not a mis. this is,

it gets what people with great wealth save themselves. and i can confirm that to me about what does i have much more access to politicians than 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 the 1st thing is when people come to you does a lot in just a mom, democracy, social cohesion, and all, well, 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 because combining with episode of how a come from new i'll put, you know,

certainly it's a form of the natural to this or someone in order to every one to imagine how many people will be employed in folks we have really a king change of eco india in 30 minutes on the w, the

the the, this is the w news. why? from berlin? israel stops at the top. you unofficial from entering concept, felipe last a really who hands the u. n. 's agency for palestinian refugees is kept out of the territory. it comes as warnings now from the u. n. n. israel's allies about the danger of starvation in gaza. also ahead. whoever is in charge of immigration policy in this country, it's a step aside. maybe to have a snack cleaner room and left them off to us as us chords battle over immigration enforcement. our reporter visits a city struggling to cope with an influx.