NowThis ImpactHistorian Rutger Bregman told a room full of billionaires at the Davos World Economic Forum 2019 that they need to step up and pay their fair share of taxes. » Subscribe to NowThis: http://go.nowth.is/News_Subscribe
RUTGER BREGMAN:'This is my first time at Davos, and I find it quite a bewildering experience, to be honest. I mean, 1,500 private jets have flown in here to hear Sir David Attenborough speak about, you know, how we’re wrecking the planet. I mean, I hear people talking about the language of participation and justice and equality and transparency, but then, I mean, almost no one raises the real issue of tax avoidance, right? And of the rich just not paying their fair share. I mean, it feels like I’m at a firefighters conference and no one’s allowed to speak about water, right?'
MODERATOR: Well, we’ve had two—
RUTGER: Well, wait a minute, there was only one panel apart from this one, one panel hidden away in the media center that was actually about tax avoidance. I was one of the 15 participants. Something needs to change here. I mean, 10 years ago, the World Economic Forum asked the question, what must industry do to prevent abrupt social backlash? The answer is very simple: Just stop talking about philanthropy, and start talking about taxes. Taxes, taxes. We need to—just two days ago there was a billionaire in here, what’s his name? Michael Dell. And he asked a question like, name me one country where a top marginal tax rate of 70% has actually worked? And, you know, I’m a historian—the United States, that’s where it actually worked, in the 1950s during Republican President Eisenhower, you know, the war veteran. The top marginal tax rate in the U.S. was 91% for people like Michael Dell. You know, the top estate tax for people like Michael Dell was more than 70%. I mean, this is not rocket science. I mean, we can talk for a very long time about all these stupid philanthropy schemes. We can invite Bono once more. But, come on, we’ve got to be talking about taxes. That’s it. Taxes, taxes, taxes. All the rest is bullshit in my opinion.
MODERATOR: Go ahead.
Winnie Byanyima, Executive Director of the OXFAM: 'We have a tax system that leaks so much, that allows $170 billion of money every year to be taken to tax havens and to be denied the developing countries that need that money most, so we have to look at the business model, and we have to look at the role of governments to tax and plow back money into people’s lives.
AUDIENCE QUESTION: 'I have to say, honestly, this is a very one-sided panel. // The U.S. basically has the lowest unemployment rate ever, the lowest black unemployment rate ever, the lowest youth unemployment rate ever. We’ve actually reduced poverty around the world, no one’s talking about that at all. // So I’d like for the panel to talk about, beyond taxes, which every one of you has talked about—the only thing that you’ve talked about in this whole panel on inequality—what can we really do to help solve inequality over time beyond taxes.'
WINNIE: 'The gentleman who talked about, who said we’ve just talked taxes and the jobs are there and there’s low—employment rates are low, let me tell you something: We’re talking about jobs, but the quality of those jobs.[Oxfam] also works with poultry workers in the richest country in the world, the United States. Poultry workers. These are women who are cutting the chickens and packing them and we buy them in the super markets. Dolores, one woman we work with there, told us that she and her coworkers have to wear diapers to work because they’re not allowed toilet breaks. This is in the richest country in the world. That’s not a dignified job.
Those are the jobs we’ve been told about that globalization is bringing jobs. The quality of the jobs matter. It matters. These are not jobs of dignity. In many countries, workers no longer have a voice. They’re not allowed to unionize, they’re not allowed to negotiate for salaries. So we’re talking about jobs, but we’re talking about jobs that bring dignity. We’re talking about health care. The World Bank has told us that 3.4 billion people who earn $5.50 a day are on the verge, are just a medical bill from sinking into poverty.
#Davos #Taxes #Inequality #Billionaires #Economy
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How a Historian Nailed Billionaires for Their Greed at Davos | NowThisNowThis Impact2019-01-30 | Historian Rutger Bregman told a room full of billionaires at the Davos World Economic Forum 2019 that they need to step up and pay their fair share of taxes. » Subscribe to NowThis: http://go.nowth.is/News_Subscribe
RUTGER BREGMAN:'This is my first time at Davos, and I find it quite a bewildering experience, to be honest. I mean, 1,500 private jets have flown in here to hear Sir David Attenborough speak about, you know, how we’re wrecking the planet. I mean, I hear people talking about the language of participation and justice and equality and transparency, but then, I mean, almost no one raises the real issue of tax avoidance, right? And of the rich just not paying their fair share. I mean, it feels like I’m at a firefighters conference and no one’s allowed to speak about water, right?'
MODERATOR: Well, we’ve had two—
RUTGER: Well, wait a minute, there was only one panel apart from this one, one panel hidden away in the media center that was actually about tax avoidance. I was one of the 15 participants. Something needs to change here. I mean, 10 years ago, the World Economic Forum asked the question, what must industry do to prevent abrupt social backlash? The answer is very simple: Just stop talking about philanthropy, and start talking about taxes. Taxes, taxes. We need to—just two days ago there was a billionaire in here, what’s his name? Michael Dell. And he asked a question like, name me one country where a top marginal tax rate of 70% has actually worked? And, you know, I’m a historian—the United States, that’s where it actually worked, in the 1950s during Republican President Eisenhower, you know, the war veteran. The top marginal tax rate in the U.S. was 91% for people like Michael Dell. You know, the top estate tax for people like Michael Dell was more than 70%. I mean, this is not rocket science. I mean, we can talk for a very long time about all these stupid philanthropy schemes. We can invite Bono once more. But, come on, we’ve got to be talking about taxes. That’s it. Taxes, taxes, taxes. All the rest is bullshit in my opinion.
MODERATOR: Go ahead.
Winnie Byanyima, Executive Director of the OXFAM: 'We have a tax system that leaks so much, that allows $170 billion of money every year to be taken to tax havens and to be denied the developing countries that need that money most, so we have to look at the business model, and we have to look at the role of governments to tax and plow back money into people’s lives.
AUDIENCE QUESTION: 'I have to say, honestly, this is a very one-sided panel. // The U.S. basically has the lowest unemployment rate ever, the lowest black unemployment rate ever, the lowest youth unemployment rate ever. We’ve actually reduced poverty around the world, no one’s talking about that at all. // So I’d like for the panel to talk about, beyond taxes, which every one of you has talked about—the only thing that you’ve talked about in this whole panel on inequality—what can we really do to help solve inequality over time beyond taxes.'
WINNIE: 'The gentleman who talked about, who said we’ve just talked taxes and the jobs are there and there’s low—employment rates are low, let me tell you something: We’re talking about jobs, but the quality of those jobs.[Oxfam] also works with poultry workers in the richest country in the world, the United States. Poultry workers. These are women who are cutting the chickens and packing them and we buy them in the super markets. Dolores, one woman we work with there, told us that she and her coworkers have to wear diapers to work because they’re not allowed toilet breaks. This is in the richest country in the world. That’s not a dignified job.
Those are the jobs we’ve been told about that globalization is bringing jobs. The quality of the jobs matter. It matters. These are not jobs of dignity. In many countries, workers no longer have a voice. They’re not allowed to unionize, they’re not allowed to negotiate for salaries. So we’re talking about jobs, but we’re talking about jobs that bring dignity. We’re talking about health care. The World Bank has told us that 3.4 billion people who earn $5.50 a day are on the verge, are just a medical bill from sinking into poverty.
#Davos #Taxes #Inequality #Billionaires #Economy
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Executive Producer: Jacob Reed Co-EPs: Alicia Long, Mary Nice, Matt O’Donnell Creative Director: Jacob Reed Copywriters: David Jarvis, Narwan Amini, Jacob Reed, Miles Stenehjem, Craig Rowan Agency/Prod Co: All Trades Co
Director: Jacob Reed Producer: Amanda Widoniak Production Manager: Jeff Stepp Casting: Morgann Franson Cinematographer: Scott Uhlfelder Sound Mixer: Ben Forman Set Photographer: Nicole Alvarenga Production Assistant: Oliver Kiisa Editor: Matt O’Donnell Graphics: Matt O’Donnell & Jacob Reed Color Correction: Sean Wells at Roast n Post Sound mix: Matt Wood at Roast n Poast PR: Maggie McKenna
CAST Winston Carter Chris Gibson Lanre Idewu Tony Ketcham Mike Leffingwell Wayland McQueen
Special thanks: Heather Baumann, Dan Duran, Ben Redmond, Matt Mazany, Danny O’Malley, Gay Pierello, Jonathan Bradley WelchThe Myth of Abortion ExceptionsNowThis Impact2024-10-19 | No, exceptions do not work
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http://www.youtube.com/@nowthisimpact @nowthisimpactJailhouse Lawyers Take on Criminal Legal Reform From the InsideNowThis Impact2024-10-18 | They’ve got no degrees, no formal training, just pure grit. Jailhouse lawyers are risking everything to rewrite the rules from the inside.
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http://www.youtube.com/@nowthisimpact @nowthisimpactDonald Trump Considers Defunding Schools That Teach About SlaveryNowThis Impact2024-10-18 | Donald Trump says he’ll defund public schools if they teach students about slavery — sounds a lot like what Project 2025 is all about 🤔
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http://www.youtube.com/@nowthisimpact @nowthisimpactAuthor Takes a Hopeful Approach to Tackling the Climate CrisisNowThis Impact2024-10-18 | ‘What If We Get It Right?' That's the question Dr. Ayana Elizabeth Johnson poses with the title of her new book, which looks at tackling climate change from a more hopeful perspective than a dire one. It's easy to get caught up in the doom and gloom, but what if we all used the skills we have, and enjoyed doing, to make a difference?
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http://www.youtube.com/@nowthisimpact @nowthisimpactFormerly Incarcerated Woman Fights for Criminal Legal ReformNowThis Impact2024-10-18 | 7 years in prison didn’t stop Jhody Polk — she transformed into a legal advocate, changing the lives of hundreds of inmates
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http://www.youtube.com/@nowthisimpact @nowthisimpactIs Kamala Harris Scripted or Consistent and Prepared?NowThis Impact2024-10-18 | Imagine being upset because a presidential candidate has a message to share and delivers it ✨ well ✨
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http://www.youtube.com/@nowthisimpact @nowthisimpactBill Clinton Trolls Donald Trump’s Awkward Town Hall ‘Dance’ PartyNowThis Impact2024-10-18 | Bill Clinton, who shared he's 2 months younger than Donald Trump, roasted the former president for his old man behavior 😆
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http://www.youtube.com/@nowthisimpact @nowthisimpactKamala Harris Claps Back at Heckler During Wisconsin RallyNowThis Impact2024-10-18 | ‘Oh you guys are at the wrong rally. No, I think you meant to go to the smaller one down the street' 💀
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http://www.youtube.com/@nowthisimpact @nowthisimpactMark Cuban Criticizes Trumps Tariffs Plan at Kamala Harris RallyNowThis Impact2024-10-18 | Mark Cuban dissects Donald Trump’s tariff logic, explaining that the proposed 60% tariff would only drive up costs for U.S. consumers and businesses
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http://www.youtube.com/@nowthisimpact @nowthisimpactTexas’ Abortion Law Turned a Pregnancy Crisis Into a Legal BattleNowThis Impact2024-10-18 | Texas’ harsh laws forced this woman to give birth to a stillborn after days of being held against her will. Now, she’s fighting for change.
(warning: distressing)
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http://www.youtube.com/@nowthisimpact @nowthisimpactLarry Hogans Sketchy Business Dealings as Maryland GovernorNowThis Impact2024-10-18 | When the rules don’t apply to those in power, taxpayers pay the price. Larry Hogan’s clients walked away with nearly 40% of affordable housing awards, all while he kept his connections close. This is what happens when conflicts of interest run unchecked.
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http://www.youtube.com/@nowthisimpact @nowthisimpactJournalist Carl Bernstein Calls 2024 Election a Critical MomentNowThis Impact2024-10-18 | Legendary journalist Carl Bernstein — who literally broke open the Watergate scandal 50 years ago — says this year’s election is a choice between ‘regular political order’ or ‘a triumph of fascism’
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http://www.youtube.com/@nowthisimpact @nowthisimpactDemocrats vs. GOP: Fact-Checking Joe Rogan’s Election Donor ClaimNowThis Impact2024-10-17 | In this episode of 6PackPolitics, Emmet Sandberg fact-checks Joe Rogan's claim that the biggest donors this election are Democrats (Spoiler: They're not)
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http://www.youtube.com/@nowthisimpact @nowthisimpactThrowback to Pete Buttigieg Shutting Down Abortion QuestionNowThis Impact2024-10-17 | As MAGA Republicans keep trying to sow disinformation about 'late-term abortions,' let's revisit Pete Buttigieg's perfect response to the topic from 2019
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http://www.youtube.com/@nowthisimpact @nowthisimpactKamala Harris Corrects Fox News for Whitewashing Trumps WordsNowThis Impact2024-10-17 | Rather than playing the full clip of Donald Trump speaking at a Fox News town hall, Bret Baier tried to play just the bit where he sounded the most cognizant. Kamala Harris wasn’t going to let the network get away with that.
Trump has recently gone full fascist and has been repeating his ‘enemy from within’ line on the campaign trail, suggesting he would use the military to handle politicians and citizens who don’t agree with him.
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http://www.youtube.com/@nowthisimpact @nowthisimpactVoters in ‘Most Pro-Trump’ Georgia County Support Kamala HarrisNowThis Impact2024-10-17 | CNN went to the reddest county in all of Georgia to talk to voters in the swing state — and what they found was anything *but* universal praise for Donald Trump
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http://www.youtube.com/@nowthisimpact @nowthisimpact‘Law & Order: SVU’ Actor Mariska Hargitay Endorses Kamala HarrisNowThis Impact2024-10-17 | In the criminal justice system, sexually abusive candidates are considered especially heinous. That’s why ‘Law & Order: SVU’ actor Mariska Hargitay is standing with Kamala Harris and against Donald Trump.
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http://www.youtube.com/@nowthisimpact @nowthisimpactTrump Calls Jan 6 A Day of Love During Univision Town HallNowThis Impact2024-10-17 | In a moment that should define this entire election for years to come, Donald Trump REFUSED to acknowledge or apologize for the destruction he wrought on January 6 — even when given the opportunity by an ex-supporter at a Univision town hall
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http://www.youtube.com/@nowthisimpact @nowthisimpactTrump Applauds Courage of SCOTUS to Overturn Roe v. WadeNowThis Impact2024-10-17 | Donald Trump is so proud of his SCOTUS judges for taking away the rights of women. Women are literally begging for reproductive freedom as Trump’s abortion bans across the country are in place.
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http://www.youtube.com/@nowthisimpact @nowthisimpactAffording Less With More Money? How the U.S. Economy ChangedNowThis Impact2024-10-17 | If you feel like grocery shopping didn't use to hurt this much, you're correct. Here's why $80k now feels tighter than $35k under Obama's economy.
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http://www.youtube.com/@nowthisimpact @nowthisimpactTexas’ Abortion Ban Couldve Claimed This Womans LifeNowThis Impact2024-10-17 | A woman’s life hung in the balance when Texas law said she wasn’t ‘sick enough'
(warning: distressing)
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This org helps formerly incarcerated people find a new career path in solar energy
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#Biden #Obama #Shorts #Politics #News #NowThis
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http://www.youtube.com/@nowthisimpact @nowthisimpactFox News Called Trump Out for Insulting His Own AdministrationNowThis Impact2024-10-16 | In a 2023 interview, Fox News host Bret Baier slammed Donald Trump for claiming he hires only the ‘best people,’ even though many he worked closely with have turned against him or vice versa
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http://www.youtube.com/@nowthisimpact @nowthisimpactColin Allred Supports Abortion Rights During Debate vs. Ted CruzNowThis Impact2024-10-16 | Rather than dodging questions like Ted Cruz, Colin Allred described the realities of Texas’ abortion ban
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