Rishi Sunak's taxes - the REAL story 

Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800k

Mind if I ask you to recommend this particular coach you using their service?

Her name is Patricia Strain. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

Same question

Yeah for me this the most insane take away. It definitely wasn't a random decision, he knew it would be in the news so he picked that number very carefully

If you're making £1 million a week then £500,000.00 isn't even pocket money

@@rickymort135 Absolutely. Completely cynical.

Credit - Steinbeck

This seems preferable. Why see yourself as permanently poor. Nothing wrong with aspiration!

​@@John-wf5ifwe could aspire to build a better world for everyone.

No the poor are told they are not exploited and that they are actually the next potential millionaire. By the people who are exploiting them making billions at their expense. the whole house of cards is stacked up on the inherent greed of human nature.

Ragged trousered philanthropists

Same man.

It shouldn’t take a change in circumstances to see the unfairness. That’s just selfishness. It should be obvious from a basic perspective that the system is rigged for the elites at the common man’s expense.

So now u r a dad and an active thief. Get a skill set that pays for yr child. No one owes u a living. And tell the govt to f*k off and let u keep your income

You already won by having a woman agree to have your child. You are unbelievably lucky. 😊

1) Gary is the rich. 2) He merely espouses simplistic remedies that appeal to simple minds. Nothing remarkable about his views, apart from the fact that they lack any degree of scrutiny past 1st effect thinking.

@@John-wf5if please expand further on the 7D chess effect

The rich are a mixed group, there's quite a few that say they want taxing, I believe the movement is called "Patriotic Millionaires". If only all were like that.

You won't get a coherent response. It's a troll.

I am rich and I like him. I don't mind being heavily taxed as long as I and my next generations remain rich enough to control and exploit the middle and working classes. It's the moral responsibility of the rich, as I learned from my parents and grandparents, to be looked up to.

Hey Jimmy! Love your channel, bro.

💯

Gary is absolutely correct, but there comes te human factor: Catarina de Medici was very jealous of her husband (and used clairvoyants etc), and while she was fully on board with her family's interest, she also acted for her idea of France and protected her sons. Likewise, Rishi has found himself to be unable to withstand the stress of the position of PM. I think he is damaged goods, not that I feel any pity, but I expect some unravelling.

Interesting only 4 more days later you created a video about great British class system survey.

just watched your video on class, a great companion piece to this video

I loved Yanis's book, great read.

"Feudalism" leapt to my mind watching this video. That's where we are now.

The U.K. has never not been feudalistic. It literally still has a king.

@@Fillup82 Sweden Norway and Denmark are monarchies yet are not feudalistic anymore.

@@Fillup82 The Nederland, Switzerland, Venice, Pisa, Genoa were republic at some points but were still feudal for alot of their time period.

He teaches you nothing

Agreed 👍

Easy answer to this one .... The Sun, The Daily Fail

people dont vote for the guy, they vote for the party.

Because it’s easier to believe in a seductive fantasy than deal with the harsh reality of classist society

So would you vote for someone from a council estate that works in a warehouse?

Literally every single industry gets government subsidies and government contracts. It would be basically impossible to invest in any company that doesn't.

​@@mrECisMEIndustry, perhaps. Individual companies? Not so much.

They own the England and the British

@@mrECisME Literally every other company doesn't have a Prime Minister connected to them involved in the allocation of those subsidies refusing to be transparent about his assets, now do they? Stop making excuses for the elites. They wouldn't even take the time to piss on you if you were on fire

Why should he !!

That’s how it always ends up. When taxes become too high, rich people just move to another place, but poor will remain paying them, because government will not decrease it’s spending and money will have to be taken from somewhere

Oh yeah? What about property tax? They can move out of the house? Good more supply for normal people. They can move out of taxes on stock trades? Okay don’t trade stocks then. There are ways to tax rich people that they can’t get away from and wouldn’t affect average people.

@@metsfanal Maybe just get yourself busy and earn your own money? Why do you have to be a parasite and live off someone else? There is enough money in the world for everyone, you just have to earn it!

Yep. The conservative parties all over the world made this very clear. When the left asked for higher taxes on the wealthy, the loopholes for the upper 10000 stayed in place, but the taxes rose for the middle class. That's why I was for a very long time very hard against higher taxes - because I know I can't afford higher taxes without changing my way of living. But we need higher taxes for the upper 10000. They are the black holes of society. They have so much wealth that it won't be lost.

Get yourselves a democracy not a political system run by wealthy elites for wealthy elites 😎 🐝 Free

It's a good start, but we the people have to change too. Voltaire said "People will cease to commit atrocities only when they cease to believe absurdities." And over nearly the last 5 decades we have committed several atrocities on ourselves and others, because our priorities - individually and collectively - are misplaced. All priorities bring problems, but if you end up resenting dealing with those problems your priorities bought with them, that's a sign you've got the wrong priorities. And resentment driving our politics now. And that resentment leads us to cling to blame, which changes nothing, instead of being accountable. Not only should our politicians be accountable to us, but we need to be accountable for how we contributed to our issues. We're more divided and isolated from each other and the world around us because we haven't been honest with ourselves. Yes the plutocrats and their bought politicians deceived us, but we wanted to be deceived. We wanted not to think about the consequences of policies executed by politicians we voted for that were not only counter-productive, but corrosive, harmful, and pointlessly cruel. People stood by as different groups wet made scapegoat of the week, not realising that was a beast that would eventually consume them. The poor, the sick, and the disabled, and the elderly were thrown under the bus. Then the working class, and now the middle class are now going under, all because plutocrats want more assets, and their banks and corporations they own want more profits. And they resent anyone who stands in their way of those goals. Time to be honest with ourselves, or nothing can get better. Time to accept that the plutocrats see everyone but themselves as a means to an end. And if we keep on pretending that isn't true, things will only get worse. If we want to keep the pros of capitalism, we have to take responsibility for its cons, and it's conmen that come with it. They depend on Society being organised and well-run enough to clean up after the messes they leave as they make their wealth. Well, There's a price for that and that is taxation, entailing redistribution of wealth when capitalism and its markets fail to adequately distribute assets, services, and commodities that are needed by everyone. We need to stop running our economies as if they were branches of Red Lobster, where the plutocrats consume numerous portions of fare, and leave little for the needs of those making it possible for them to eat as much as they can.

Those all seem like fair demands. Nothing unreasonable, unless you're a Tory of course!

@@CuriousCrow-mp4cx thank you for such an eloquent and thoughtful reply. Love the Voltaire quote. Any thoughts on things like democratic socialism e.g Allende /Chilean Socialism etc? For me the way we fix corruption is through democratic and de-centralised planning. Though it seems like we need some stepping stones to get there, which is why I think, as Gary once suggested, fix the system's problem (distribution in Capitalism) is easier than parachuting a new system (as that requires people to change minds = slow). So for me it's about stepping stones. I'd love you to prove me wrong though / share any thoughts on how we can have a more equal, resilient democratic system that serves and improves the lives of the majority. Thanks again for sharing.

@@CuriousCrow-mp4cx another question is if there are any faster way's to re-equip out priorities to quote you on "our priorities - individually and collectively - are misplaced". A very salient point there, just not sure on how this can be solved. Thanks again.

@@PaulStargasm thank you Paul 🙂 please let me know if there's anything you suggest / big problems that create inequality I've missed / doesn't solve (I'm trying to prioritise the big ones and the big actions). Haha most definitely am not a Tory, think I'd rather go and get myself a pint of some lovely Thames water... Feels like this country is up shits creek at the moment...and rapidly sinking deeper, so trying to figure out what to do about it.

100% he’s in it for the contracts

Best comment here

He's certainly a tool.

and himself, his hedge fund invested millions in the early 2010's is a startup company that was never able to bring a product to market because their technology was too dangerous and toxic the one animal trial was so bad it states this cannot proceed to human trails. to this day this company has not been able to bring a product to market except for one which they were given an emergency use approval bypassing the standard quality and safety as the finance minister he appointed one of his friends from the hedge fund to be the lead on the countries plandemic response and as PM he committed billions of taxpayer money for the next 10 years to 'that' company which has never been able to bring a product to market and which he has a major financial interest in. do you know who that company is?

Why are the British so jealous of Rishi, he earned it so well deserved. All BRITS should work hard and taste the fruits of long hours, effort as well instead of hating rich people while holding a can of beer and cigarette !!

​@@20165776YEAR I only found his father in laws infosys & Akshata's catamaran.

​@@NS-wy6dl He earned nothing mate, he married into wealth as the video very clearly explains; his in-laws then used him to further their business interests. Try listening to the part about the Medicis.

@@NS-wy6dl Are you his mum?

@@peterdollins3610 No my figures aren’t wrong, sadly. What I put was copied from an official website, and it shouldn’t take much searching for you to confirm for yourself if you wish.

@@peterdollins3610 www.nidirect.gov.uk/articles/what-will-affect-your-universal-credit-payments#:~:text=When%20your%20capital%20is%20%C2%A3,not%20entitled%20to%20Universal%20Credit.

All kinds of very worrying implications to this. Especially as the Tories are moving to get the right to see everybody's savings in the UK. My bank has recently said they will no longer pay me interest--at 82--on the extremely modest savings I have.

@@peterdollins3610 please consider moving your savings to another bank Sir. There are plenty now paying half decent interest. You can even set up regular savers etc. Of course, there are other ways to save … At 82, you’ll have seen the money system change in your lifetime. Let’s just say I’d be considering a golden future with a silver lining in your position.

It's a joke. If I'm not mistaken a homeowner would have higher universal credit than someone who was saving a deposit up for a house😂

But dont you think it's a bit two faced what he is doing? He's on here telling people where everything is going wrong but he's still invested in the idea of it.

Yep, the belief that we (you & I) are above average, often because we compare ourselves to the 'wrong' people ;-)

A lot of young Americans (mostly white people), think like this.

@@Ultravis66 isn't that the American dream/expectation/disinformation... A rework of the class wars in UK/Europe. It's the minions' problem....

Tbf everyone called it

@@alexs2985 and I've left this same comment on everyone's RU-vid channel also 🥱

He didn't. Every third Wednesday of the month, economic forecasts are published on GOV UK site. The CPI expectation was 2.1%. By looking at that figure, most people already know inflation is expected to come down. When inflation figures came out, they were off by .2%. 2.3% actual vs 2.1% expectation but the most important takeaway is it's been trending down.

​@@arisdavid8193that's a really roundabout way of saying that Gary called it

Rishi took the credit for something he did not do. He called an election because he has had enough. This is the weak link: he is a human being and it is easy to tell from his whole demeanour that he is not able to take it anylonger, even if he went it fully espousing the cause presented to us by Gary.

100% this video needs to happen.

Maybe Gary is count bin face?

Absolutely he should. That would be his best video yet by far I asked that question when he first started making videos

In essence - Tax the rich. Redistribute the wealth. Erode individual freedoms by growing the state and thus the power the state has over the individual. There is nothing extraordinary about his beliefs. He is a millionaire socialist - like so many of them - that would be immune to his disastrous views. Luxury beliefs in a nut shell.

Yes!

they didnt buy it...they were bought.

@lenvarc I wish starmer will do what is for the interest of the British public. He made lots of promises to Labour members to get elected. When he did get elected he broke all those promises. Sunak and starmer are protecting the interest of the super rich. Please don't be the Turkey that keeps voting for Christmas.

Same here, I operate a wide - range of investments with help from my financial advisor. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Sarah Hudson, has been an amazing experience.

Though I started with as low as $15,000, actually because it was my first time and it was successful, she's a great personality in the State 🇺🇸🇺🇸🇺🇸.

Low income people are suffering to survive, I appreciate her she's a great personality in the state, imagine receiving $4,250 in few days

SHE'S MOSTLY ON TELEGRAMS APPS WITH THE BELOW NAME

ExpertHudson That's her username

On the backs of paying his staff low money and undercutting British people in the IT game. I’ve seen their output, it’s not great.

@@davideyres955 They don’t deliver because they don’t get paid enough. You get what you pay for.

I really don't care how much someone much wealthier than me benefits from low taxes as long as I also benefit. If they save a million and I save a thousand, I'm happy.

@@jjefferyworboys8138 yes but if they use that million to buy up assets (which they will, there's only so many cigars you can light with hundred quid notes and the rest of the money has to go SOMEWHERE) eventually they own everything and you wind paying your thousand to them.

they are raised to have contempt for the masses. THE main messages pumped into their young minds from the first day at private schools is: 'you are special' 'you are tomorrow's leaders' 'that's not because you're privileged in the extreme (they can never admit that), instead they get it into the child's mind that it's all because the masses are 'lazy and stupid'.

"He's trying to build a connection between the super rich, and an aspirational, middle-class family, and the reason he's trying to do that is so that when people like me say "look, the problem is the rich, you need to tax the rich", ordinary people like you who are not super rich, but aspire to own property, aspire to financial security, think I'm going to tax you because you think that your financial situation is similar to Rishi Sunak's, but it's not."

As a wise man once said: “If you don't find a way to make money while you sleep, you will work until you die.”

@@John-wf5if He has got more than he could ever spend, he’s just a greedy man making the rules for the poor

@@John-wf5if He was absolutely right and I took his advice, did you ?

@@jjefferyworboys8138 I manage money for a living. Yes.

@@John-wf5if Very true. Guess Sunak has also found a way to make money from us while we're sleeping too.

He turns up to be a rule maker and keep the poor from rising the prosperity ladder

Set up deals for his companies

The EU have why do you think the rich right wingers wanted Brexit

It's never been about race, it's always been about class and wealth. They're never racist against rich people. It's the poor they hate.

@hypatia4754 and everyone talks about races being left behind . The elite would rather do a slave dance with chains around their necks for the right amount...🤣

​@hypatia4754 do the poor even exist ....to the rich they are just a number

It is certainly worrying if you're in the UK. A nation in decline on nearly every metric.

Just tell them not to be poor.

@@WythenshawePhil Exactly.

Well said! I also think it's low for Gary to stoke Sunak hatred for his own self promotion. I think his heart is in the right place but he comes off as a pied piper and a charlatan when he uses half truths to deliver an oversimplified, hypocritical verdict.

Yes, it's not income until they sell an asset, you can't hide something that isn't there! This is Gary through and through, it's all BS to anger the working class for his own gain, and ironically he is one of the rich. Absolute trash content.

Because it’s peanuts for her. Sunak doesn’t care about the money, it’s the power and influence for his future business and his father in law’s current dealings

Do you think he is in there for that 150k ? 😂 I literally make more than that working from home as a software engineer. It’s nothing for him, he is worth 700M pounds, just interest on it would be around 30M per year.

@@vonder7 I’d have thought my rhetorical question should have told you I don’t but then just because your paid an excessive amount obviously doesn’t mean your particularly intelligent. Would a diagram help perhaps 🙄

@@MartinSmith-qt3cc it’s just silly to even assume a millionaire or anyone is there for the salary.

Projection

No wonder why you are broke listening to Gary the grifter. He doesn’t understand economics and his viewers are broke losers who have a limited mindset!

What actionable take-aways have you gleaned from Gary ?

The system is in favour of the rich

@@SEANPOL203 Which system? The central banking system that creates money from thin air and benefits the rich via the cantillon effect?

I think the best takeaway is for us not to feel shame about our current predicaments. I've taken on additional work as a writer around my full-time job for more income, my books acting as assets. But I've definitely learned despite being quite average, that it's not my fault at all and we're all of us doing amazing considering the game is absolutely stacked against us. I think my takeaway is more of us should be really proud of simply turning up everyday and getting things done.

I think you missed part of the message.

Think you’ve missed the point lad

@@CheeseyMilkshakes I think not sunshine