Dikkki

[Samuel Leeds @samuel_leeds]

Tomorrow at 9 pm, live on Channel 4, you'll see me debating Gary Stevenson on the idea of having a “wealth tax for the rich”.

We debated for 6 hours straight at one of my hotels…

In my opinion, I COMPLETELY won the debate.

He asked to see proof of young people who had actually got rich in this country, so I brought around a bunch of my Academy Members, all financially free property millionaires.

My students also owned him individually, too!

We’ve been waiting months to see this final result. I’m excited to watch the documentary with you guys tomorrow!

The documentary is called “How To Get Filthy Rich With Gary Stevenson”. Out on Channel 4 tomorrow at 9 pm. On streaming services after that.

Drop a “🔥” if you are ready!

[Nigel Farage MP @Nigel_Farage]

I have spoken to the CEO of Tendring District Council. Reform has offered to cover the cost of the by-election.

I will be writing to Rachel Reeves later today with the same message.

Given that we asked for this by-election in the first place, it’s only right that we pay for it.

[Dikkki @Dikkki5]

@SamCoatesSky, could at least try and be politically neutral when talking…..

[Dikkki @Dikkki5]

@KiMcGuinness Hike council tax even more to keep bus fares low…..

[Dikkki @Dikkki5]

@wesstreeting

[Dikkki @Dikkki5]

@ZackPolanski Or rather than blaming other people and punishing the risk takers… why dont people stop playing victim and go and do something

[Daniel Priestley @DanielPriestley]

Gary’s theory is that the cause of wealth inequality is wealth inequality.

In his Oxford thesis he claims that wealthy people become rich, buy assets and then use their passive income to buy more and more assets. He also claims that the rich don’t pay taxes like the rest of us.

If his theory was correct and the UK was experiencing a wealth inequality crisis the share of wealth held by the top 1% would be rising. It’s not - it’s been stable for decades.

The two reasons we are seeing issues at the bottom of the economic pyramid is because of technology and low skilled migration.

Technology is replacing entry level jobs and to the degree that there are entry level jobs the UK now has a large population of low skilled migrants competing for these jobs. Those two factors put massive downward pressure on people at the lower end of the economy.

What we are seeing is millions of young people who are economically inactive. Millions of people whose only economic opportunity is to claim any available government benefits. It has nothing to do with the rich.

The cost of housing has also risen. It’s not because a tiny group of elites buy up houses. It’s because the government had a decade of low interest rates and stimulus and an aging population don’t want to sell their homes and pay stamp duty on a smaller place. We actually have over 9M homes with 2+ spare rooms. Rich people are not interested in owning a 3BR terraced home in the midlands.

It’s easy to blame the rich for the problems we see but the truth is hard to hear… The UK is only surviving because we still have about 3M high earners who are paying historically high taxes. Actually just 300,000 people (1 in 100) are paying a third of the taxes and 30,000 of them (1 in 1000) are paying 10% of the tax bill. In a country with 70M people a few football stadiums of hard working, responsible, enterprising people are paying disproportionate taxes and demonising them isn’t helpful or based on any accurate data.

[Arielipillo @arielipillo]

🤯 LA CORRUPCIÓN POR MESSI

• Messi le dice bajito al árbitro si puede tirar
• El árbitro jamás toca el silbato
• Vozinha estaba en su palo poniendo la barrera
• La Barrera completa mirando atrás y saltan a último momento
• Messi es un tramposo

[Daniel Priestley @DanielPriestley]

Is it possible that the massive outrage Gary and his crew feel is down to a complete misunderstanding of how tax on a wealthy individual works? When I spoke to Gary, it certainly appeared that way…

Gary was unaware that:
- there a different types of tax that layer on top of each other.
- all the same taxes that apply to an individual also apply to a Duke.
- theres a huge difference between taxing individuals, their companies, the revenues they make or the value of their assets.
- income and asset values are different things.

[Kevin Edger @KEdge23]

As usual, Labour will raise your taxes to pay for more benefits. Totally unfair.

Andy Burnham is more of the same.

[Dikkki @Dikkki5]

@SophyRidgeSky Obviously entertaining purposes only

[Dikkki @Dikkki5]

👑

[Andrew Neil @afneil]

ANDREW NEIL: I fear Andy Burnham is as ignorant as Keir Starmer on economics https://t.co/GVwy7hhnx8

[Kevin Edger @KEdge23]

Labour will raise taxes in the autumn budget, again.

Bookmark this tweet.

[Dikkki @Dikkki5]

@DoddsJamie Overpaying there mind

[Dikkki @Dikkki5]

😂😂

[Fabrizio Romano @FabrizioRomano]

🚨🔵 The agreement between Chelsea and Granit Xhaka on personal terms is guaranteed.

Xhaka is driving the move personally as he wants #CFC, wants to reunite with Xabi Alonso and wants to live in London.

Deal depends on the clubs.

🎥 https://t.co/i1adjykerw

[Suffragent @Suffragent_]

Not even PM yet and I already hate his smug face. RT if you agree.

[Dikkki @Dikkki5]

@kezia_noble We do…. They come across in the dinghy’s. Accompanied by all the engineers and scientists we need 👀

[Dikkki @Dikkki5]

@ZackPolanski Net stupid zero

[Chris Rose @ArchRose90]

The reason why Labour MPs hate X/Twitter is because it’s a catalogue of their worst hypocrisy.