Rich tax-dodgers were bluffing

I don’t think it works that way, the billionaires aren’t leaving, at least not in thd numbers predicted. UK city can spend their money and generate tax in other businesses .

I think it does. For each high earning income person that leaves the UK their tax take is gone. Governments need to raise revenue, so for each one that hots they need to recoop the taxes from else where
 
I think it does. For each high earning income person that leaves the UK their tax take is gone. Governments need to raise revenue, so for each one that hots they need to recoop the taxes from else where
and its not 1:1 either, the top 1% pay 1/3rd -ish of all income tax. So if we lost 1000, who just broke in to the top 1%, we'd need 8000 Nosenouts to make the numbers up.
 
I think it does. For each high earning income person that leaves the UK their tax take is gone. Governments need to raise revenue, so for each one that hots they need to recoop the taxes from else where
The simple answer, if they choose to bu**er off, is to limit or remove the days they can spend here as non doms. They will quickly find ways to invest again.
 
It says so much about our country with its knackered economy and social care system, that we worry about the impact on millionaires. Yes, they produce wealth and jobs, but squeezing employees into working longer hours for less money helps no one.
 
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