Billionaire WARNS: "You're NOT Ready For What's Next"

You pay more tax than Amazon. You pay more tax than Starbucks. You pay more tax than Google. The bottom 50% of UK taxpayers pay 95% of all income tax while the largest corporations in the world use loopholes to contribute almost nothing. Amazon's first non-family investor Nick Hanauer and entrepreneur Daniel Priestley sit across from each other and debate why the system works this way and what, if anything, can be done about it.

Hanauer argues that the entire economy has been restructured over the last 40 years to benefit the owners of capital at the expense of workers. Laws that used to protect small businesses from being crushed by large corporations were dismantled under neoliberalism. Companies used to face serious scrutiny when buying competitors. Raw material pricing laws ensured small businesses could compete on even footing. All of that is gone.

Discover:

• Why you pay more tax than Amazon, Starbucks, and Google combined

• The UK tax trap that hits 60% at £100,000 before dropping to 45%

• Why removing tax from the bottom 50% of earners would cost just 2% of the budget

• How laws that used to protect small businesses from corporations were dismantled

• Why Daniel proposes a broadcast license fee for big tech companies

• The reason ambitious young people are leaving the UK for Dubai and the US

• Why American chicken has a one in three chance of making you sick

📺 Watch the full episode here

❤️ Subscribe to our main channel -

www.youtube.com/TheDiaryOfACEO

Get your hands on exclusive Diary of a CEO products

#thediaryofaceo #doac