Asking the richest place in the UK if they should pay more tax | Extreme Britain

Despite Labour’s general reticence to promise anything in particular on their plans for government, there is one thing they are clear on.

There will be no new tax on wealth.

This is despite research suggesting that a wealth tax on just the richest 0.3% of the population could generate 10 billion pounds for the public purse.

While a wealth tax would affect very few Brits, the people it would are likely to be living here in Kensington, the richest parliamentary constituency in the country.

That's why Ed Campbell went to Kensington, to ask the richest place in the UK if they should pay more tax.

Reporter: Ed Campbell
Camera: Oli Johnson and Laura Beveridge

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[harrylong]

that £12, 500 tax free should be £20, 000 tax free imo, the idea that you could live on on 12k nowadays is unreasonable 😊

[djoldschool]

The wealthiest people that ive come across have always struck me as the least generous yet the poorest would almost always help you out if they could. What a messed up society we live in.

[scottgrant]

Close the tax loopholes so that the rich actually pay tax in the first place.

[paris-panda]

If we clamped down on tax avoidance, we wouldn't need to be asking if the rich should be paying more tax. Let's first start with them paying what they owe, like the rest of us, and then we can look at ratios.

[CyclingSteve]

The woman talking about higher taxes on frivolous items is on the right track. But rather than TVs and designer clothes, I'd hike tax on, high performance cars, expensive property sales, frequent flyers, private jet flights, expensive jewellery, expensive hotel stays.
In short tax the items that are already very expensive.

[DiFilms]

That old guy watched the first 10 minutes of a christmas carol and thought "That's the kind of man I want to be" lol

[yc]

I earn £14.44 per hour and live payday to payday so when I pay tax they are taking 23% of everything I have every week. I'm happy to pay my tax as it's essential for society but I wonder if a billionaire would be happy to pay 23% of their entire wealth just once

[Polar_Bear_Ron]

“It’s proportionate to what?”

The cost of f***ing LIVING, mate.

[mktrollop]

Love how rich people always make the point that if you work hard, you'll get rich eeh, no. You have to be incredibly lucky, well connected, very charismatic and or unscrupulous to get rich. Plenty of people spend their whole lives working hard, physical jobs and have nothing to show for it at the end.

[jimmymorrison]

You can almost gauge some of these people's wealth by their sheer ignorance.

[steveharrison]

“Wealth is more often than not a result of people’s savings” 😂😂😂😂

[teddy-edward]

If they put a mega tax on botox, that woman would be skint 😂😂

[rob]

If that Irish guy could tell me where those 5 quid trains are that would be great.

[landmimes]

I'm on £40k and work for the NHS and I actually managed to get an affordable (if we stretch the meaning of that) flat in Kensington and Chelsea. I actually consider this a decent wage and I love my job, but I'm from the North so it was such a shock. I have never encountered such a rude, disconnected bunch of people in my entire life. Despite the wealth, it's like everyone is out to get you regardless, or they look down on you. I've never seen so many supercars and ridiculous custom plates, Harrods charges £50 for fish and chips, and walking around you're more likely to overhear Russian than English. I had to leave, not only because things got so much more expensive after Truss, but because it's incredibly toxic. The number of homeless people too is shocking.

[djoldschool]

According to the Resolution Foundation, a 1% tax on those with wealth above £10 million would raise around £20 billion. That would do a lot to improve health/social care etc. imagine what 5% would do….

[za.]

It didn't take long for lipstick lady to go from hero to heel. "I dont mind paying more"...to its all those migrants fault. No. Nothing to do with 13 years of austerity or structural decline of the UK.

[simonshotter]

Some of these people don’t realise that having a nice TV is about as good as it gets for normal people.

[beatpeace]

That lady with two house is most probably lobbying her local mp to keep homeless people out of her area instead of helping

[arfurascii]

"We should tax frivolous things ... like the newest TV" - there is a tax on TVs sold via retail (VAT at 20%). "Like new things ..." - if you buy secondhand from a private seller you don't have to pay VAT. "Maybe there should be less tax on fruit and vegetables" - fresh fruit and vegetables are zero-rated i.e. no VAT.

[leighvaughton]

You don't ask rich people if they have got enough money and expect to get a reasonable answer. NO-ONE feels they have enough money. Just hand them the bill and they have to cough up or cough off.