Page 43 - Super Rich News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Street, even my neighbours, i'm in my apartment in manhattan right now, understand that the system is unsustainable. we have hundreds of people from around the united states and many in western europe, two, who come and speak out and try to explain to people that short—term greed is not working. i think most people are in agreement on that. it isjust a few people are in agreement on that. it is just a few people who are spending huge amounts of money to influence our lawmakers, who are frankly short—term greedy and a lot of them stupid. but frankly short-term greedy and a lot of them stupi...

Tax and co—author of how to think like a patriotic millionaire. thank you forjoining us. . i can kind of guess from the way your organisation is set up but what would you do about the fact that the very richest are getting richer? well, i won't have the rich people, the investors, pay at least —— i would have the rich people and investors pay at least the same tax rate as people that work for them. you see from the report that someone like elon musk pays three or 4% of his income in taxes and yet an entrepreneur in uganda who makes $80 per month pay $30 per month in taxes. that would act...

Westminster and everywhere else pay too much attention to the challenges of the super—rich, and they sort of forget about everybody else and we are becoming more and more unequal over time, as the rich get richer and richer and people actually work for a living and have taxes deducted from their paycheque every single weekjust from their paycheque every single week just get further from their paycheque every single weekjust get further and further week just get further and further behind. weekjust get further and further behind. it doesn't work. they tried it in south africa and that did not...

I don't think, right now — it may be criminal. the other point i would like to make is that the senate remains in democratic hands, so what is likely to also happen is that the senate finance committee will pick up from the house ways and means committee and continue to hold hearings. everybody is fascinated about the tax returns of the super—rich, and mr trump falls into that category. let's get some of the day's other news. south korea's military say north korea has fired three short—range ballistic missiles towards the sea to the east of the peninsula. this latest volley comes just da...

And all sorts of other things, and had been given a subsidy effectively of £6 million of taxpayers' money. where we have got schools across the country that are really struggling to get the resources they need. so i think there is a fundamental point of principle here. politics is about choices. so you accept it might not be popular, it might cost you votes? no, i think you have got to do what is right. i think there is very often a strong overlap between what is right and what is popular... even if the net consequence of that were to be that the kind of super—rich, if you like, can still p...