I think I've mentioned this before, and whilst you don't know how you would be until actually in a situation, I think if I was absolutely loaded, I'd want to pay as little tax as I legally had to. I suspect many normal income people would be the same if they became extremely rich. It's easy to say 'tax the rich more!' and there may indeed be some validity to the suggestion, however it's no wonder not all rich people are on board with the idea.
-
Looking for a smarter way to manage your heating this winter? We’ve been testing the new Aqara Radiator Thermostat W600 to see how quiet, accurate and easy it is to use around the home. Click here read our review.
Rachel Reeves upset
- Thread starter Deluks
- Start date
Farage is trying to sell trickle down to poor people
he is selling the con that slashing taxes to the wealthiest people will make poor people better off...............which is a lie.
you dont know if they would domicile in another country
taxation level is not the only reason for choosing a country to live............I realise it is for greedy nasty people like Richard Tice and his partner Oakshitt
dont show this to Motorbiking..............
its a group of multi millionaires who want a wealth tax
patrioticmillionaires.uk
its a group of multi millionaires who want a wealth tax
Patriotic Millionaires UK
patrioticmillionaires.uk
Motorbiking only supports Reform because they are the party that will slash taxes for the wealthy whilst making the poor worse off
Motorbiking loves to see the poorest in society unable to be able to feed themselves so the wealthiest can buy a slightly bigger luxury yacht
Motorbiking loves to see the poorest in society unable to be able to feed themselves so the wealthiest can buy a slightly bigger luxury yacht
If we're being honest with ourselves, to what extent do we think any of this will ever change to a significant degree? When I say 'any of this' I'm referring to the rich and poor divide. We've always had extremes of wealth and poverty with everything between. Do we honestly think we'll ever get to a stage where any of this is sorted to everyone's satisfaction? I don't.
All political parties lie (or at the very least are flexible with the truth) to the electorate. Farage and Reform are no different in that regard.
Maybe AI will present the answer? I watched a tv prog on it a few weeks back and some of the experts were saying AI will lead to most of us not having to work, with everyone receiving a proper living wage for doing ... not much actually.
- Joined
- 31 May 2016
- Messages
- 24,785
- Reaction score
- 5,339
- Country
That is just your opinion.
The non-doms are the people he is targeting with the fee.
Client Challenge
www.ft.com
The UK faces a Wealth Exodus after Abolishing the Non-Dom Tax Status
The UK will abolish the non-dom regime in April 2025, replacing it with a limited four-year tax exemption for newcomers.
citizenx.com
Tax reform—especially around non-doms, inheritance, and capital gains—is driving a significant and accelerating exodus of wealthy individuals: roughly 11,000 left in 2024, with 16,500 expected in 2025.
It's a very small group of low level millionaires, with strong links to CSR organisations. They are the exception:dont show this to Motorbiking..............
its a group of multi millionaires who want a wealth tax
Patriotic Millionaires UK
A nice CSR front to drive business for the founding members.
Who We Are — Patriotic Millionaires UK
patrioticmillionaires.uk
Summary Table
| Name | Net Worth Estimate |
|---|---|
| Gary Stevenson | Tens of millions USD (strong claims but unverified) |
| Gemma McGough | Tens of millions GBP |
| James Perry | Tens of millions GBP (likely) |
| Julia Davies | Low-to-mid tens of millions GBP |
| Others (Phil, Kristina, Tim, Nick, Rebecca, Graham, Morris) | Likely lower multimillionaire range; exact figures unavailable |
source ChatGPT: "tell me the net worth of these people https://patrioticmillionaires.uk/who-we-are"
10 people staying, doesn't do much for the 16,000+ leaving.
its based on people linkedIn data
"according to the Henley Private Wealth Migration Report 2025." -so that wont be biased eh?
Henley Private Wealth -a firm that sells golden passports to the superrich and advises governments on setting up such schemes.
- Joined
- 31 May 2016
- Messages
- 24,785
- Reaction score
- 5,339
- Country
You seem to have wet yourself. But offer no credible suggestion it's not accurate. I provided more than one source.its based on people linkedIn data
"according to the Henley Private Wealth Migration Report 2025." -so that wont be biased eh?
Henley Private Wealth -a firm that sells golden passports to the superrich and advises governments on setting up such schemes.
If its not a concern - why is Reeves considering a change of policy?
Anti-tax campaigners admit their data is made up.
"Josh Spero and Anna Gross in London
Published3 HOURS AGO
A widely cited report on millionaires leaving Britain has been criticised for making unsubstantiated claims, as its author admitted the study for years wrongly claimed to record property wealth.
New World Wealth (NWW) produces an annual estimate of the global number of rich individuals, along with figures for millionaires who have migrated to other countries.
This year’s report estimated 16,500 millionaires would leave the UK, on top of an outflow of 9,500 in 2024 — departures that critics have blamed on chancellor Rachel Reeves’ first Budget, which abolished the non-dom regime and imposed inheritance tax on more estates.
But the lack of official, credible data relating to the effects of the 2024 Budget on the UK’s wealthy population has fuelled political and economic arguments.
Andrew Amoils, the founder and sole employee of South Africa-based NWW, told the Financial Times there was “just a lack of information around and we’ve tried to fill the gap as best we could” on the migration of rich individuals.
“The fact that it’s been so heavily linked to non-doms is a little unfortunate because, to be honest, we don’t know whether someone is a non-dom or not,” he added."
FT.com
"Josh Spero and Anna Gross in London
Published3 HOURS AGO
A widely cited report on millionaires leaving Britain has been criticised for making unsubstantiated claims, as its author admitted the study for years wrongly claimed to record property wealth.
New World Wealth (NWW) produces an annual estimate of the global number of rich individuals, along with figures for millionaires who have migrated to other countries.
This year’s report estimated 16,500 millionaires would leave the UK, on top of an outflow of 9,500 in 2024 — departures that critics have blamed on chancellor Rachel Reeves’ first Budget, which abolished the non-dom regime and imposed inheritance tax on more estates.
But the lack of official, credible data relating to the effects of the 2024 Budget on the UK’s wealthy population has fuelled political and economic arguments.
Andrew Amoils, the founder and sole employee of South Africa-based NWW, told the Financial Times there was “just a lack of information around and we’ve tried to fill the gap as best we could” on the migration of rich individuals.
“The fact that it’s been so heavily linked to non-doms is a little unfortunate because, to be honest, we don’t know whether someone is a non-dom or not,” he added."
FT.com
"Amoils’ Wealth Migration Reports are published in association with Henley & Partners, a London-based consultancy that markets schemes selling passports and residency permits in more than 40 countries.
The report has come under fire from Dan Neidle, founder of the Tax Policy Associates think-tank, who said that “until an independent audit is carried out, the Wealth Migration Report should be treated as marketing material, not evidence.
”Neidle noted that the report relied heavily on LinkedIn data, which was “not reliable” for finding someone’s tax residence, as opposed to the location where they were working.He also pointed out that a 2025 NWW report’s definition of “private wealth” included bonds, gold and crypto holdings but not property, unlike previous editions.
This change should have led to a sharp drop in the number of dollar millionaires reported if their property was now excluded, Neidle said. Instead the 2025 report showed an increase."
The report has come under fire from Dan Neidle, founder of the Tax Policy Associates think-tank, who said that “until an independent audit is carried out, the Wealth Migration Report should be treated as marketing material, not evidence.
”Neidle noted that the report relied heavily on LinkedIn data, which was “not reliable” for finding someone’s tax residence, as opposed to the location where they were working.He also pointed out that a 2025 NWW report’s definition of “private wealth” included bonds, gold and crypto holdings but not property, unlike previous editions.
This change should have led to a sharp drop in the number of dollar millionaires reported if their property was now excluded, Neidle said. Instead the 2025 report showed an increase."
"Madeleine Sumption, director of the Migration Observatory at Oxford university, also said the figures were “not reliable” because they were extrapolated from a sample of rich workers on LinkedIn and “assum[ed] all the UK’s millionaires behave in the same way . . . This is unlikely to be true.”
Similar threads
