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Garys Economics
Gary Stevenson
86 episodes
3 days ago
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
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Business
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Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
Show more...
Business
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They're about to tax you more. Why western governments will soon hammer you with tax rises
Garys Economics
17 minutes 17 seconds
3 months ago
They're about to tax you more. Why western governments will soon hammer you with tax rises

The UK government will be forced to raise taxes in October to avoid financial instability. Who they choose to tax at this next Budget will beat a path for other Western governments facing the same problems. Here's what they're planning – and why it could be the beginning of the end for the middle class.


What's in this episode:


(00:00) Intro

(00:47) Why this year's UK Budget matters

(02:10) What they will announce

(02:50) Governments going bankrupt

(08:25) Do they have other options?

(10:48) Tax the rich or tax the middle class

(11:15) Rich vs middle class vs working class

(12:29) Do not trust the rich

(13:13) My message to middle class people

(15:04) What I mean by "tax the rich"

(16:09) The rich are WINNING


Garys Economics
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.