I Wonder Why This Number Is Rising So...
Politics4 mins ago
The Super Rich have made fortunes in the UK and now they are fleeing the UK for their Tax Havens.According to a "Migration Consultancy" which helps the rich shuffle their fortunes around to avoid paying tax.9,500 millionares will leave the UK this year because of The new Labour Government chasing them for tax. Well done Sir Keir.
“Wonder which Country the Pimlico Plumber with the Halloween face will choose ?”
I don’t normally get involved in your threads, gully, for obvious reasons. However, on this occasion I can add a bit to your knowledge base without, hopefully, setting off a chain of nonsense.
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Charlie Mullins (aka “The Pimlico Plumber) is leaving the UK – taking all his assets with him - to share his time between Dubai and Spain.
"As he prepares to set sail saying . I refuse to pay a penny of my fortune to this Labour Govt."
That’s not what he said at all. In fact he said “I’ve nothing against paying reasonable amounts of tax,” he added. “But there is nothing reasonable about this Government’s plans to soak the rich.”
"Should lock them up now until they have paid all taxes due ...Don't let them escape until they have."
Mr Mullins has, in fact, paid £120m in tax over the years - presumably all which was due. He is in the process of moving his assets and has said: “I'll have no investments here, no bank account here. It's all in the process now. I think my last tax bill is January and that's me done.”
He grew up in poverty on the Rockingham Estate in London’s Elephant and Castle and left school at 15 with no qualifications. He accumulated his wealth through hard graft and perseverance. Just the sort of person the country needs and will thrive on. Unfortunately this government would prefer to have 90% of nothing rather than 45% of something.
Am I just being stupid ?
will taxing them make them poorer ?
or
will taxing them just make them a little less even more richer ?
I mean if say
I put £100 in a bank account which is paying 10% interest
I would get £10 after year
if tax was 50%
I would have £105 in my account?
I would get £5 for doing absolutly nothing ?
I I were to have 100 million pounds in the same account I would then get 5 million pounds for doing absolutely nothing