Rishi Sunak's £650 million is a 'cause for concern' for democracy | LBC 

The poor never "WILL" have enough !! Because the rich never "CAN" have enough !! 😢😢

Tax him 95%. Sunak is a crook.

Completely agree that billionaires shouldn’t exist. If you spent 10 thousand per day, every day, every year…it would take over 200 years to spend a billion. NOBODY needs that much money

Personally, I don't think a millionaire should be allowed to be PM, let alone someone with hundreds of millions.

Small wonder Sunak keeps telling us: "The plan is working..."

The biggest issue isn't even that people are billionaires, it's that they don't spend the wealth that they hoard and don't pay the correct taxes either.

The question is "Why do the the plebians vote for the wealthy?"

Poverty getting worse in UK. This road will ruin more families while the rich get richer.

Fascism begins the moment a ruling class, fearing the people may use their political democracy to gain economic democracy, begins to destroy political democracy in order to retain its power of exploitation and special privilege. -Tommy Douglas

Unacceptable that anyone should have that much money while others are homeless and starving.

Gary stevenson explains the economics of this so well! We need to tax the rich or the problem will get worse and worse despite GDP.

People should not be rich enough to exploit rent from workers, or rich enough to harm the infrastructure of society that we all rely on.

"Charity is a cold grey loveless thing.If a rich man wants to help the poor,he should pay his taxes gladly, not dole out money at a whim".....Clement Attlee,

Woody Guthrie, "A fool robs you with a gun and a clever man with a pen ".

It's not even trickle up economics, it's rocket up.

It’s grotesque, whoever thought putting him in charge.

It was disgusting enough having a ridiculously wealthy chancellor. Now an unelected very wealthy PM is obscene.

Exactly we should tax wealth rather than work.

The joke is a billionaire saying the country can’t afford to help people on pip no more and the other joke is him saying how people on benefits will loose benefits if they don’t look for better paid jobs

There's enough for everybody's needs but not everybody's greed's.

And sunak has been pushing contracts to his family business to make them even richer, The reason they want to turn PIP from money to vouchers is because who do you think the vouchers will be for ? Infosys ?

Many of these millionaires/billionaires employ people on minimum wage which is then topped up by the benefit system so we are subsidising their workforce and they are taking the profit

Oli Dugmore what a legend... Best presenter on here

I don’t disagree but I can guarantee at least half of the MPs are millionaires. That’s why they end up living in a different world than us.

If British people keep voting Tory what do they expect?

Why would a billionaire want to be prime minister ?

The Tories may say that hard work makes you rich, but actually luck has an awful lot to do with it.

If you are a voter and think that these rich people give a fig about you then you deserve the politics we have.

Money is the life blood of a country, extream wealth is a clot, it must flow.

Brexit Britain, race to the bottom for standards and protections, and an increase in profits for the rich. Brexit was by millionaires for millionaires.

The very fact that these past years have been years of enormous prosperity for the Sunaks is a huge barrier to them caring that for others they have been years of desperation and struggle.

Hoarding their infinite gold like a selfish mythical dragon... please send the dragon slayer 🐉⚔️

Shed a tear for billionaires. Eye watering.

It's an obscene amount of money to have made while supposedly running the country.

If you earned one million dollars a year and were never taxed and never spent a single penny, you'd have to work for 1,000 years to make 1 billion dollars.

100% , surely 50 million is enough, after that you get a statue somewhere

The median income in the UK is £29,669 to equate that to seconds that would be equivalent of 8 hours, Sunaks wealth increased by 3.8 years and he did nothing to earn that and is worth the equivalent of 19.67 years.

The rich through their proxies let the poor vote against their own interest, one word: Brexit.

Remember our Chancellor stated the need to productive people to have “wage restraint”. He has basically said that productive people MUST get poorer. But they are perfectly happy for MP’s mates and donors to be as rich as possible. Times are changing.

How can you ever know what it is like to worry about bills, rent not being able to sleep for worry. Personally no person should ever make a law or rule on how everyone lives without living in those shoes for just 1 week! Thats all. This is why there us no empathy in government anymore.

People are hungry, homeless, can’t heat their homes, not to mention, you need to fix your infrastructure!🙄

The Ferrari fans aren't going to like this one Get used to it, this is the future

Wealth taxing the Duke of Westminster whose personal wealth is £8 billion might be a start for justice and equity!

Madness absolute madness.

Millions and Billions are too large for anyone to properly mentally conceptualise, so let put it into perspective with time to see the difference in scale between 1 million and 1 billion. 1 million seconds is around 11 days. 1 billion seconds is around 31 years. So no, Billionaires shouldn't exist and the very fact that they do indicates that our economic system is not fit for purpose and is overtly not designed for the peoples prosperity. As it is now it is strictly designed for wealth extraction to benefit a select few individuals leeching for the rest of us and our priminister is one of those leeches.

Theres this argument that we need growth, we need productivity. But people rightly will ask why grow the economy, why be more productive when all of the benefit goes to a handful of people and none to the people delivering in the economy.

When some of you maybe thinking of voting for Rishi Sunak to be Prime Minister again, think about this, our wonderful multi millionaire PM has been responsible for increasing homelessness, increasing poverty, increasing child poverty, this summer holiday a lot of children will miss out on meals because they're not at school, he's been responsible for this as both Chancellor and PM for years, it's his failings, all the time while his own wealth goes up about 17%

While people choose between eating and heating and tax thresholds are frozen dragging millions of low paid workers and pensioners into paying tax the author of this misery makes an EXTRA 120 million pounds, come on Britain wake up!

The king didn't pay any inheritance tax, just think about that.

The older I get the less I seem to understand. I do not envy the rich. I am easy about people in this country becoming rich, so long as they pay their taxes. I don't believe that income should ever be taxed over50%. What I can't understand is why people actually need £millions, never mind £billions. But the really strange thing is that no matter how rich these people are IT IS NEVER ENOUGH The morality case is for another day

Hard work? Sounds like robbery to me 😂😂😂

Why are you talking sense into the void at 4am Olly ? This shift of wealth needs to be stalled

"Trickle up economics" is exactly right. It's shameful. What would you even do with 650m? And at the same time people who have multiple jobs can't afford food.

Pitchforks, pitchforks !

Poor man wanna be rich Rich man wanna be king And a king ain't satisfied 'til he rules everything Bruce Springsteen 'Badlands'

I’ve just worked 1 physical hour for a pkt of toilet roll and a pkt of washing powder!

Wonder if their wealth rocketing has anything to do with them having their snouts in the trough since he became PM

NO!!

Trickle up and flow out to offshore tax havens, never to circulate within the UK economy again.

Isn't it bazaar; £1.7 billion spent on the Grenfell Tower inquiry - what that could do for those victims and others, if simply given to them.

How many nurses or carers could that help ENOUGH GE

Amazon also hosts many government sites and servers on their servers, and you have rail, energy and water industry. Nothing shouts monopoly and corporate-government connections more than what Amazon and other companies are doing. They are running public services as private companies and keeping all the money.

He's right there the rich can't get enough if all the money was shared around the world would be a better place or if they give something to feed the starving help starving children greed is one of the seven deadly sins

For anyone here who hasn't seen it look up Gary's Economics

To quote Balzak "Behind every great wealth lies a great crime".

Wealth inequality is ruining us all

The Royals can't be expected to know the price of soap .. why expect the über rich to know? Fair play, but they should have nothing whatsoever to do with public policy or governance.

3:00 because the people at the top don't want to pay their share. And they're in charge now. How much better off are you this year?

No problem at all if billionaires leave the UK - all they do is extract and offshore wealth. You could easily set the limit at £100M. Anyone who thinks they need more than that needs therapy.

Rishy rolling in it. Lol. He know what people are going through. He's so down to earth lol.

As once said by Howard Hughes, " the poor shall inherit the earth,..........but not the mineral rights."

Strange how equality is forcefully pushed everywhere else in society except when it comes to the economic social divide

The non-dom tax loopholes in the last budget will allow the Sunaks to avoid up to £250 million in UK taxes according to the Guardian.

what a shame - he increased it by 20% without much work, or shuffled the money into his pockets. Rip his fortune out of his pockets and then he it is time to demonstrate cause was he a prime minister or rather a wealth manager ? in the 2000 till Brexit we had here thousands of older british people to get what they could not get in their poor home country UK where the NHS was not able to provide a surgery appointment quite soon or rather years later. These older could not deal and live with that hence the NHS hired hospitals and surgeons here in germany to get these people treated far away from their famiilies which could not come along with those usually. Tough times for those who came and were in tears after the successfull recovery cause Hamburg were 7 decades earlier their target when they were fighting in the royal airforce up high in the skies. And he even recogniced the milestones they had from the air to cross checck the navigation by visual evidence. I wonder how UK has become so poor that they could not even take care for their elderly back then cause over 1000 arrived here in a single hospital over a year. Now they would not even get a chance if they could pay for that cause when the british patients were no longer arriving, the hospitals had turned already around and arabic rich arrived to fill the spots of the elderly british.

Grotesque inequality is a massive threat to society, including to those at the top, who perhaps should read a little French history.

Those who agree with billionaires I'd like to ask them would you be ok with one person owning all the world's wealth?

The richest can have as much money as they can make, but they should never be allowed to set policys in governments, mps income should be limited to double the average income.

It just makes you want to cry. My little boy is saying if he works hard he will get a house. I just want to cry. I really wish hope and pray for an awakening and this country rebalances.

Honestly the occupy Wallstreet movement was about what is happening now and that was 16 years ago.. I remember the mainstream media was painting the protesters in the same negative spotlight they are with the Gaza peace protesters.

If non doms choose to go live elsewhere then there should be restrictions on how long they can spend on visits back to the UK. They want the benefits of living in the UK (which is still a great place to live if you're rich) without contributing their fair share. Let them go since they don't pay tax anyway what are we losing?

Don't let the door smack you on the way out.

With the exodus by billionaires to Dubai, BVI and Monacco and other such similar tax havens, the problem still remains that they will continue to own swathes of properties, particularly in London which will remain uninhabited and out of reach for lesser mortals to purchase.

Wealth inequality is why the young cannot get on to the property ladder.

This really is appalling. The PM isn’t the right person to be in the job at all. He is not from us. I wish I could afford therapy. I can’t get nhs help.

"Steal a little and they throw you in jail, steal a lot and they make you king".

The Pathologically rich.

‘Unelected’… the party are elected and they choose the PM. Clearly us reporters are trying to tell the English that we don’t know how democracy in this small country works. We vote for our constituency, and the majority party form a government and that party select a leader.

Makes you wonder what the motive is to be an MP, I’m 100% sure it’s not for our benefit

Its not the money it is how it is earned. I have no qualms of say a surgeon worth £200 million or a factory worker earning £100k a year but I strongly object to people kicking a bag of wind or a temporary MP earning that much.

I work hard at 70 hours a week and my top tax rate is 60%. It’s criminal

Oli Dugmore is my new hero. Keep exposing trickle up economics everyday please.

omg thank you phil white i've been explaining it using the Term "Trickle up economics" for like 10 years!

You can't take it with you when you're dead!!

It doesn’t make Sense at all if you don’t need this much money what’s stopping you to help others? It’s more than greed it’s evil

Allowing billionaires to exist is just allowing for a return to aristocracy, such concentrations of wealth and influence are inherently anti-democratic. I don't begrudge people with useful skills earning a lot

Get rid of Royalty and Tory Government

And sunak wants to reduce taxes even further to ensure none of his millions trickle down to help alleviate poverty of those at the other end of this hugely unbalanced spectrum of wealth. How much has his father in law given to rid india of obscene levels of child poverty in india - the highest in the world. The indian culture is steeped in the caste system - those at the top dont even 'see' poverty, let alone feel the need to do anything about it. They feel its the natural order of things.

No problem with them existing. Presumably once you have billions it becomes a self-perpetuating cycle but they should be made to contribute to stuff like CNI on a reasonable level thereby easing the burden on your average taxpayer. If they can't demonstrate a basic level of a sense of community and human decency they should be heavily punished. But it's all a question of where the line is and once you draw the line they will find ways of avoiding it (if they are scumbags, which it seems the most prominent of them are).

We've had some pretty bad leaders in our time, dodgy, lying, irritating, corrupt... but surely, there is no-one on earth so immensely detestable as Rishi Sunak.

We need more of this talk.