Death of the Middle Class: Billionaire vs Entrepreneur DEBATE - Daniel Priestley v Nick Hanauer
Jun 8, 2026 · 2h 32m · YouTube
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Transcript
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0:00There is literally no example on planet Earth of a high-functioning society without big government.
0:06That's not true. Big government is sucking the life out of small businesses
0:10and the Oxman countless hours with businesses and they're like you can't succeed in the UK.
0:14As soon as you earn anything they'll just tax it off you.
0:17So pop off to Dubai run the business virtually and pay no tax. It's idiotic.
0:23I don't know how you can look at that and think this is a good system.
0:26No, no, no. What needs to happen is reduce the taxes and the pressure on the small businesses
0:30because everyone in this economy needs to own stuff. We need to own a house, own a business,
0:34and own shares. But not everybody can be an entrepreneur.
0:37Correct. Look, it would be wonderful if everybody owned something.
0:40But ownership starts with earning enough money so that you can save money so that you can
0:45begin to own something. So the problem is wages because most people want to be able to go to work
0:49and be treated decently. Oh no, earn enough money so that I can feel secure.
0:54I just want to be married. Have kids own a house. All that. That's what I hear you.
0:58I want to keep that and I want that for everyone. That's gone away.
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