‘No There Has Not Been an ‘Exodus’ of UK Millionaires and New Wealth Taxes Won’t Force Them to Leave Either’
Forget the fear-mongering about a flight of the super rich. The reality is they’re not going anywhere, argues
Kate Bermingham
https://bylinetimes.com/2025/01/24/no-there-has-not-been-an-exodus-of-uk-millionaires-and-new-wealth-taxes-wont-force-them-to-leave-either/
Forget the fear-mongering about a flight of the super rich. The reality is they’re not going anywhere, argues
Kate Bermingham
https://bylinetimes.com/2025/01/24/no-there-has-not-been-an-exodus-of-uk-millionaires-and-new-wealth-taxes-wont-force-them-to-leave-either/
Comments
Good riddance to bad rubbish!
And after a certain amount of time, other businesses come into being. And other industries arise to meet a demand.
I have never been persuaded by the threat from industry that special treatment is deserved or industry will walk.
But government should never negotiate with corporate terrorists.
He is paid in stock options, so doesn't pay tax. On £16 million!
Capital is mobile. You are not (if British). That's #BrexitReality.
@patmillsuk.bsky.social
Kind regards
A Patriotic Pauper UK
Instead they pay tax advisors, lawyers, offshore entities and arrangers of various kinds to manage this for them.
December 2024: "Average UK house price hits record ... demand remains undented" https://www.theguardian.com/money/2024/dec/07/average-uk-house-price-hits-record-300000-as-demand-remains-undented
All mouth and self aggrandisement.
They won’t, because it’s their livelihood. They’ll adapt and crack on…
The wealthy have a loud voice and like to use it, if they make money here they will all stay.
It's shameful that Labour hit the most vulnerable and give the rich break after break!
https://podcasts.apple.com/gb/podcast/more-or-less-behind-the-stats/id267300884?i=1000669856544