A controversial YouTuber who is an ardent supporter of taxing expensive properties has quit.

Gary Stevenson has built a huge following of more than 1.6 million subscribers on his Garys Economics channel since launching in 2020.

His backing for a new tax to tackle inequality is at the heart of his output.

He campaigns for a 2% tax on individual wealth on assets of more than £10million, which he says would raise £24billion a year for the Treasury.

High-value residential property would be included in his calculation of total net assets.

The Mansion Tax – which is officially called the High Value Council Tax Surcharge – is a new annual property charge taking effect in April 2028. It applies to residential properties in England that are valued at £2million or more.

Channel 4

The popular YouTuber has discussed his economic approach on several shows, including Piers Morgan Uncensored and Channel 4’s How to Get Filthy Rich with Gary Stevenson.

In the Channel 4 programme, he said the growing wealth gap is the root of many of Britain’s problems and that the only solution is to “tax the filfhy rich”.

However, in a new video this week, he announced he was quitting the channel, saying he was exhausted.

“I’ve given everything I have to give. I’ve experienced burnout before and I’ve already gone further than I should have done from a health perspective. I have to stop,” he says.

“If the energy comes back, I’m not saying I will never do it again. I’m sick of my own voice and I don’t like looking down a camera.”

We need to get the public to understand it.”

He suggests that he is looking at alternative media formats such as podcasts, where it is less of the ‘Gary Show’ and more of a team effort where he feels more supported.

He adds: “I’m not going to win this by myself. I cannot be the only educator on this. I’m going to work hard to get Burnham to do this. We need to get the public to understand it.”