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Robin Leach: There’s Nothing Wrong With Being Rich

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    Former “Lifestyles of the Rich and Famous” host Robin Leach the Administration’s push for higher taxes, particularly on the rich.

  • Duration 4:26
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-- lifestyles of the rich and save us and others have somebody bubbles and so many great things of course Robin built a career following all their exports and -- total is an area acts.

And they're very -- fancy homes.

Com that this is Robin -- fall.

That we are in this rich bashing world because of mister Leach thank you very much -- feel.

I fuel whip some flow.

It's totally untrue what we made that -- channel.

Now we didn't yes he -- -- this time beg to differ proceeded to a -- told the -- channel.

As an incentive for people.

That they too could grow from ranks of which no doubt but police say they use it -- look at -- what differentiation and it's it's -- -- you use a little bit of friends each plans say.

As the wrap around the -- -- says there is nothing wrong with -- work there is nothing wrong with disciplined diligence.

And they -- this should be -- just trying to if you work hard.

And you create jobs from of people January good member of society and giving to those less fortunate then you are.

Not entitled.

But you should be left alone to enjoy the sport doesn't -- -- -- -- debts that is you know but do you.

What that now there is a sort of it.

Ripped the rich thing going on that what you got to department Romney's.

Ashamed to talk about a slow but it's wrong you should be proud there's nothing wrong -- being rich.

There's wrong in being -- well -- situated globally you were saying and I I was under the and in the wrong impression -- That the whole world is -- -- just like that's not to K it's it's true here that there is a bullseye target on rich people.

I'm in Britain which is of my real frame of reference -- You know having lived there for so long you would say that there was a certain amount of envy and jealousy right but it's it's a substitute.

Is there must have been enough of that the millionaires to sort of well you do you know -- you ended up to 15%.

You -- authority it was cut back recently Iran via a bottom line as you still have it.

Well but it's not to the extent that restore bombers doing it I mean look of the threshold to using.

One million dollars.

This is where this tax is gonna stop -- The Buffett -- to sort of Buffett rule taxed at 30%.

Should -- left England Greg -- and by addressing them because it became the most miserable country in the world.

U member of the cold -- the Maggie -- said Britain will freeze before I give into the union's.

Well -- and and it and it did.

But it was a miserable place and -- had to take you have to go right to the -- -- the lowest point of existence in Britain.

Was at the point that it changed.

And free enterprise was allowed to flourish blossom.

And -- again.

And -- -- but but it's going to reverse in this country well but you know what's going to happen here is if he is reelected.

It will be a -- -- level playing field.

Medicare.

Under the -- Obama health fact tunnel functionally woke.

Without massive tax increases.

There will be more a more taxes and there will be more more people who become trained under entitlement.

Took some equity and spent -- -- paying no federal income tenants.

So yeah we -- doing the British thing okamura taxes do get tight on who we now don't know why now.

And -- that we're on steroids now what this government dependency and hit his what aren't sorry to put it really crystal clear.

If America does not re adjust its -- -- in this area.

We become Greeks.

-- -- -- -- -- -- You know in a backhanded way all the money that we've given to China for they've -- goods over the years.

Is at the moment keeping this economy afloat.

You know and we know it very good when we got our when we when we -- -- debt.

-- -- -- That was awful wasn't your hand and I -- Boston and it was a terrible and it was but that's it -- forgive you look fantastic would get them on a Friday night rob.