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The Bunker – News without the nonsense

Time to tax the mega-rich? – How a wealth tax might work

The Bunker – News without the nonsense

Podmasters

News, Government, Politics, Society & Culture

4.61K Ratings

🗓️ 30 July 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

As Britain’s finances worsen, pressure is building for Labour to bring in a wealth tax on the super-rich – not least because Rachel Reeves has ruled out pretty much every other tax. How would it work? How much would it raise? Who would pay? And would those poor billionaires really flee Britain if it happened? Stephen Kinsella of Patriotic Millionaires UK explains why we really do need to tax the rich (and why he doesn’t mind if it’s him).  • Support us on Patreon for early episodes and more. • We are sponsored by Indeed. Go to Indeed.com/bunker to get your £100 sponsored credit.   Written and presented by Andrew Harrison. Audio production by Tom Taylor. Music by Kenny Dickinson. Managing Editor Jacob Jarvis. Group Editor Andrew Harrison. THE BUNKER is a Podmasters Production www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

There's quite a lot of ads on our podcasts these days.

0:02.4

We need them to pay for our team.

0:04.0

But if you find them a little distracting, annoying maybe, there's a simple solution.

0:08.4

Back us on Patreon.

0:09.4

That means no ads and uninterrupted listening.

0:12.2

Follow the link in the show notes to find out more.

0:14.6

Today's edition of The Bunker is sponsored by Indeed, the world's number one job site.

0:19.6

If you run a business, you know how it feels to

0:22.2

realise you needed to hire someone yesterday. How can you find amazing candidates fast? Easy. Just use

0:28.9

Indeed. With Indeed, you don't have to struggle to get your job seen. Sponsored jobs pushes your

0:34.8

vacancy to the top of the page for relevant candidates. So you reach

0:38.9

the right people fast, and that makes a huge difference. According to Indeed data, sponsored

0:44.8

jobs posted directly on Indeed have 45% more applications than non-sponsored jobs. There are no

0:52.4

monthly subscriptions, no long-term contracts, and you only

0:55.7

pay for results. So, speed up your hiring right now and join the 3.5 million employers worldwide

1:01.8

who use Indeed to find great talent fast. There's a special offer for Bunker listeners.

1:07.8

You can get a £100 sponsored job credit to get your jobs more

1:11.7

visibility at indeed.com slash bunker. Just go to indeed.com slash bunker right now and support

1:18.2

our show by saying you heard about Indeed on this podcast. That's Indeed.com slash bunker,

1:24.5

terms and conditions apply. Hiring, indeed, is all you need.

1:29.8

Want to know the real story of how Oasis made Britain mad for it? How friends turned us on to

1:35.0

coffee culture and super-layered hair. The secrets of Nirvana, train spotting, gay hookups,

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