in mainland china. so we have time full coming up next on close up the many of those around the world. we want to pay higher taxes to help close the growing gap between rich and i. money keeps mckinnon. lead back to the top of the hour with more international headlines. likes watching the 1000000 people in what it's in just a 100 days. my parents because of my family. what killed, how was this age? i'm on a journey to find out about the roots of the 19 are to put you on the site, but they expect to see through rhonda, my name is some way to shimmer. i'm afraid it makes sweet shaming history documentary stuffs. april 6th on d. w. 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 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 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 and you have to start now. tax the also rich and do

it now. this semester was signed by more than 200000000 as unpinned unit, as world wide watch or who is stopping in 3 my was tossed your statement in as we walked to twice with us extreme. well, for nicole to see, because 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. unfortunately, those with most wealth, all the ones are 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 must be cpos. they call the money to do it for too long. we've always liked this lifestyle. and we're paying the price for that life styles and the natural, well it's playing 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 city. well, i can, i'm 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 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 we 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 valuable to on 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, the public funds to invest in doing things like repair and law schools and maintaining our in a chest to unfortunately it's grossly under results to 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 time. 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 a, so in 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 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 that politics don't to, will fix? we have a situation where we have some people now with such extreme levels of wealth, they have more power than all government and they have power. overall government is absolutely clear that all government is not listening to the people because we've shown fruit. we're such 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 station to happen. rob farmington is the project manager at wild woodberry,

julia davis, pacey salary, he make sure the land is able to recover on the native flora and fauna come baton and flourish. i hope you're just to learn, so which is revised. there are no tell you purchased, well, would praise a 170 heck does. 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 not going to be was 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 a 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 own of them safer. 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. 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. often the reigning monic dies. i'm now meeting phil white's like, do he a dave easy to once

a wealth 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 and tax us now the phil white skein to as well from being a partner and may just state called in and 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. and i do believe that 1000000 is can use to be 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 it's life. don't full efficiency make it will fix. it doesn't sound why policy should still make a wells tact, 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 a, 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 lot even amongst his pay is the group of patriot 1000000, as is growing. all type across country on 1000000 is through some friends. and we've got on for the people we've worked for it. we've also 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 is the way forward on this. as well, newly weds, have that photos taken at westminster? we had off to a nearby pub it turns out that texting the super rich for the benefits 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 paid for the 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 statistics, i think something like 24000000 is from no way left to go to switzerland and to avoid taxation. but what the statistics didn't match with the 26236000 stayed in no

way. so it was a very small effects people that 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 to slow to the switch result town. if that was to protest the wells, economic for in a meeting of the world's wealthiest, indeed, phil lights joins the crowds because we're in favor, well talk to you. they really want to reduce is level of wells, the quality 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 cannot 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 the understanding and doubles, arguing so well. types is an argument 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 i've arranged to meet to in vienna, outside the newly revamped parliament building so may cuz only returned to the building last year of to years of renovation walk. malayna 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 as well was estimated didn't any full 1000000000 euros she herself inherited many millions malayna ingle horton advocates for 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 among the few people fits with them by the richest one, percent, and australia 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 women 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 lead to the rules of the aspects 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 by actors, politicians, business people, and janet lists it's 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 in that 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 an alternative? the question is not even asked because it's just it's lung damage, fetus, or do you think a wealth tax would permit the super rich to leave the country was progressing. don't forget that most people with a high net with i'll just normal people and the children go to school here. they have working relationships and friendships. yeah. 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. 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 want 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 doesn't stop. this happened at 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 this tag. yes. hi. my name is josh at g a. i am a rainy and danish and dublin. yeah, i was born in san fran and 61. i think it's still important that the people like me to be ready speak up because it'd be, it'd be a big part of the solution. if people say, hey, likes the federal government to get the fundraising bud, sorry, the government don't have the money. bought the top one percent has the money

christian's gone palace in copenhagen is to see to the danish parliament. this is where i'm meeting a 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 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 that, to solving off problems. so the, the 70 to cease the dog, the top one percent. i don't believe you can do it. that's why, how you became a realtor now. eh, i think i wish it was lucky, i will to a hot a, i have the right timing and so on and so on. so with and the, the,

the society is a good the test system where the text pay us the pay the fast. yeah. dates for the k is 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 it was a fighting against it. yeah, here in front of system sports that they missed parliament light on full efficiency implement. there will sticks the pushing don't do it is very simple activity is because build the suit for each item 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. and the that's unfortunate as the one of the biggest problems and the 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 left to the politicians that i'm also in tex, we trust address the elephant in the room. nicola st, that's the message from jeff of 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 year. and also just invest yes, the top one percent you 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 laughed on. but now, so many years after the many others are talking about it, many ideals and so on. so i'm happy that the dental laughing anymore, did say get a 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 bill fastest. and so it benefits 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. it's the politicians who are holding back. i now have an appointment with sebastian cline. he's 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 people's 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 of them to the recent nearest 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, well for 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 decided to give up 90 percent of that wealth and transfer it to

a charitable organization. it's 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, let's, let's, let's, what was your message to them? as a transmission, 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 not less than labor. when that is, the government does have options agreements, the inheritance tax, wealth, tax, and capital gains tax could all be raised. there are always a few 1000000000 euros missing somewhere in the budget in schools space cuts and no longer work as well. and 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. for the 2 categories, i need to have them into how does it seem printer?

why do you think that not doing anything the parties of 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 hurt. disproportionately stuck in, they'll be home, i'm guessing they're 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 it. jump lights, that is the sort of ultimate and that's the lesson before the supervisor told 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 and send him a check on his announcement that he would be donating the money for charitable causes, suddenly created to sta, what is the school when you 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 comes in? and i'm still trying to figure that out because one of the 1st things i want to do now is to start of media fund titles, because many small media companies in germany are under funded. and we really have a problem with the media landscape with us. and those funding fights 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, 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 poll. lisay because of the needs to be looked at so that when equal society is or 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 it's 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 rich and poor is not too great. if wealth is not concentrated in the hands of a few, that has even met some to code 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, others are almost everyone says, yes, it's okay to limited. the question is where you limited would have an opinion on that. 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. and in my experience, even wealthy people don't think it's fair, because a diesel from linton, one of the world's richest men,

a loan mosque is west nearly $200000000000.00. that's 200000 1000000. such wells could undermine democratic knowns. is it in a remote cartoons, 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, if 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 mess. this is there. it's what people with great wealth save themselves 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 getting put into something more 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 cream was like a step in points. it's, you know, 5 or 2 into that won't. he wants to finish your studies. now you have a significant from the train. you can just go back or somewhere else currently, more people than ever on the world wide in such a base in life. yeah. give me something that is coming very, very soon. and yeah, can we learn more about or no one nice story info, migraines, innovation, green,

the green revolution global. so listen to whole lot of crime. it's probably up to speed if the carriers subscribe to the subscribe to plan, it's a bali vote stash hiero kind of his digital clone for an advertising campaign i generated fashion models can be tall, short plus sized, skinny, and apps can. now help you finish your home digital marketing, it's increasingly put as and lives with the help of a i. this is changing the advertising industry, but how exactly? that's our topic on shift today. the ex thing has always been a competitive profession, but with the rise of artificial intelligence actors starting to feel for the.