| Are the rich fleeing the UK? 07:34 - May 18 with 3078 views | AnotherJohn |
The UK is in a difficult position with a combination of high public expenditure, high national debt and already high tax levels, Many say the answer is to tax the rich even more, but this too may be problematic. See the Sunday Times today:
"The Sunday Times Rich List 2025 was unveiled last week, showing not only that the number of billionaires has fallen again (to 156), but the combined wealth of the 350 entries has also declined. Today many of those Rich Listers hit out at the chancellor, Rachel Reeves, accusing her of “killing the geese that lay the golden eggs” and accelerating an exodus of wealth as she plots more tax hikes for businesses. Read what the likes of Sir James Dyson and mining billionaire Tony Langley have to say here. "
https://www.thetimes.com/business-money/economics/article/rich-list-leaders-tell [Post edited 18 May 7:36]
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| Are the rich fleeing the UK? on 17:35 - May 18 with 1232 views | Whiterockin |
| Are the rich fleeing the UK? on 17:29 - May 18 by JACKMANANDBOY |
The first thing households and businesses tend to do when under pressure is cut out unnecessary spending and review the likely returns on investment projects started or planned.
The Government needs to be clear about the principles it uses to identify value in it's decision making. Right now I have no idea what decisions are based on. |
Government's often base decisions on the desire to do the completely opposite of the previous government just to try and prove a point. |  | | |
| Are the rich fleeing the UK? on 17:58 - May 18 with 1208 views | Boundy |
| Are the rich fleeing the UK? on 15:05 - May 18 by controversial_jack |
I knew you wouldn't get the concept of a meritocracy |
As you seem to wish to continue, is there a waiting list for million and billionaires to live in the UK , simple question | |
| "In a free society, the State is the servant of the people—not the master." |
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| Are the rich fleeing the UK? on 12:55 - May 19 with 1040 views | controversial_jack |
| Are the rich fleeing the UK? on 17:58 - May 18 by Boundy |
As you seem to wish to continue, is there a waiting list for million and billionaires to live in the UK , simple question |
How many millionaires are there in this country? Is the list growing or declining? | | | |
| Are the rich fleeing the UK? on 13:34 - May 19 with 1011 views | JACKMANANDBOY |
Well the top 1 percent pay 30 percent of income tax. If they keep leaving expect more screwing of the middle classes. |  |
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| Are the rich fleeing the UK? on 13:37 - May 19 with 997 views | Kilkennyjack |
They are not fleeing Wales cos we are not allowed to have really rich people, not really ?
Apart from that Terry Matthews bloke….. |  |
| Beware of the Risen People
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| Are the rich fleeing the UK? on 14:28 - May 19 with 972 views | controversial_jack |
I won't lose any sleep over them. there will be others coming through the super rich ranks in time | | | |
| Are the rich fleeing the UK? on 14:36 - May 19 with 965 views | Whiterockin |
| Are the rich fleeing the UK? on 14:28 - May 19 by controversial_jack |
I won't lose any sleep over them. there will be others coming through the super rich ranks in time |
Says someone renting out houses.  | | | |
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| Are the rich fleeing the UK? on 15:30 - May 19 with 918 views | controversial_jack |
| Are the rich fleeing the UK? on 14:36 - May 19 by Whiterockin |
Says someone renting out houses. |
That's not going to make me a millionaire | | | |
| Are the rich fleeing the UK? on 17:03 - May 19 with 884 views | SullutaCreturned |
| Are the rich fleeing the UK? on 13:37 - May 19 by Kilkennyjack |
They are not fleeing Wales cos we are not allowed to have really rich people, not really ?
Apart from that Terry Matthews bloke….. |
I thought he lived in Canada?
The governments are the problem, it's them that...well lets cut a long story short and ask a question instead,
Why, in a capitalist market fo governments give the corporations (and their rich owners) subsidies while they pay shitty wages? Tax payers money going to rich people then those governments pay benefits to the low paid, that's subsidisng the rich TWICE with tax payers money. | | | |
| Are the rich fleeing the UK? on 18:50 - May 19 with 837 views | ReslovenSwan1 |
There is only so much a person can spend d in a year.Losing a few billionaires may affect some high end cars or yatch but they still might be minded to buy an Aston Martin rather than a Ferrari. Where's they live does not come into it.
The people wanted Billionaires to pay more tax. They minimise their tax so such an extent that when they leave we are all supposed to be upset. They go to low tax places like Monaco or Singapore. They will have even more money to spend on UK property or kit.
People talk about finance while the supporters Trust members accept their money rotting in a low interest bank account. Old farmer money hoarders like my old grandad who did not trust anyone with his cash. Risk understanding is vital. |  |
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| Are the rich fleeing the UK? on 18:53 - May 19 with 837 views | Boundy |
| Are the rich fleeing the UK? on 12:55 - May 19 by controversial_jack |
How many millionaires are there in this country? Is the list growing or declining? |
Is there a limit , a simple question even you could answer , or is it beyond your wit to answer? | |
| "In a free society, the State is the servant of the people—not the master." |
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| Are the rich fleeing the UK? on 18:57 - May 19 with 836 views | JACKMANANDBOY |
| Are the rich fleeing the UK? on 17:03 - May 19 by SullutaCreturned |
I thought he lived in Canada?
The governments are the problem, it's them that...well lets cut a long story short and ask a question instead,
Why, in a capitalist market fo governments give the corporations (and their rich owners) subsidies while they pay shitty wages? Tax payers money going to rich people then those governments pay benefits to the low paid, that's subsidisng the rich TWICE with tax payers money. |
Spot on.
Gordon Brown's crass idea of topping up working people's wages with benefits resulted in Companies reducing wages so the Government could pick up the tab and Companies could increase profits. Who would have thought it? Obviously not Gordon. | |
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| Are the rich fleeing the UK? on 23:23 - May 19 with 788 views | felixstowe_jack |
| Are the rich fleeing the UK? on 18:50 - May 19 by ReslovenSwan1 |
There is only so much a person can spend d in a year.Losing a few billionaires may affect some high end cars or yatch but they still might be minded to buy an Aston Martin rather than a Ferrari. Where's they live does not come into it.
The people wanted Billionaires to pay more tax. They minimise their tax so such an extent that when they leave we are all supposed to be upset. They go to low tax places like Monaco or Singapore. They will have even more money to spend on UK property or kit.
People talk about finance while the supporters Trust members accept their money rotting in a low interest bank account. Old farmer money hoarders like my old grandad who did not trust anyone with his cash. Risk understanding is vital. |
Unfortunately for every millionaire leaving the country it will cost tens of people their jobs and less tax for government means more taxes for businesses like the £30 billion tax hike imposed on them in April.
They only way business can pay this is by raising their prices, cost everyone £200 a year or by cutting jobs and a bigger benefit bill for three country | |
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| Are the rich fleeing the UK? on 02:19 - May 20 with 750 views | Kilkennyjack |
| Are the rich fleeing the UK? on 17:03 - May 19 by SullutaCreturned |
I thought he lived in Canada?
The governments are the problem, it's them that...well lets cut a long story short and ask a question instead,
Why, in a capitalist market fo governments give the corporations (and their rich owners) subsidies while they pay shitty wages? Tax payers money going to rich people then those governments pay benefits to the low paid, that's subsidisng the rich TWICE with tax payers money. |
Well said. | |
| Beware of the Risen People
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| Are the rich fleeing the UK? on 02:21 - May 20 with 747 views | Kilkennyjack |
| Are the rich fleeing the UK? on 23:23 - May 19 by felixstowe_jack |
Unfortunately for every millionaire leaving the country it will cost tens of people their jobs and less tax for government means more taxes for businesses like the £30 billion tax hike imposed on them in April.
They only way business can pay this is by raising their prices, cost everyone £200 a year or by cutting jobs and a bigger benefit bill for three country |
Trickle down economics is a myth. | |
| Beware of the Risen People
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| Are the rich fleeing the UK? on 07:30 - May 20 with 720 views | Dr_Winston |
| Are the rich fleeing the UK? on 18:57 - May 19 by JACKMANANDBOY |
Spot on.
Gordon Brown's crass idea of topping up working people's wages with benefits resulted in Companies reducing wages so the Government could pick up the tab and Companies could increase profits. Who would have thought it? Obviously not Gordon. |
Another example of a major issue facing the Nation today that can be laid directly at the feet of New Labour. |  |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Are the rich fleeing the UK? on 07:37 - May 20 with 713 views | AnotherJohn |
| Are the rich fleeing the UK? on 02:21 - May 20 by Kilkennyjack |
Trickle down economics is a myth. |
People certainly say that about the Republic and the international corporations. The Irish middle class have done all right, but the plebs are starting to squeal, especially about access to health care in a system where you really need private supplementary insurance. | | | |
| Are the rich fleeing the UK? on 09:30 - May 20 with 674 views | Boundy |
| Are the rich fleeing the UK? on 23:23 - May 19 by felixstowe_jack |
Unfortunately for every millionaire leaving the country it will cost tens of people their jobs and less tax for government means more taxes for businesses like the £30 billion tax hike imposed on them in April.
They only way business can pay this is by raising their prices, cost everyone £200 a year or by cutting jobs and a bigger benefit bill for three country |
Aston Martin for example pay employees to build their cars so if those who can afford to buy which tends to be millionaires decide not to then the company fails and with it job loses . | |
| "In a free society, the State is the servant of the people—not the master." |
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| Are the rich fleeing the UK? on 09:47 - May 20 with 659 views | Kilkennyjack |
| Are the rich fleeing the UK? on 07:37 - May 20 by AnotherJohn |
People certainly say that about the Republic and the international corporations. The Irish middle class have done all right, but the plebs are starting to squeal, especially about access to health care in a system where you really need private supplementary insurance. |
Certainly is a large middle class in Dublin area, all doing very well thank you very much.
For me the way we treat the ‘have nots’ is a measure of society and civil standards.
A considered tax based redistribution of wealth is the role of progressive govt.
When Maggie Thatcher said there was ‘no such thing as society’ she was wrong. | |
| Beware of the Risen People
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| Are the rich fleeing the UK? on 14:26 - May 20 with 617 views | controversial_jack |
| Are the rich fleeing the UK? on 02:21 - May 20 by Kilkennyjack |
Trickle down economics is a myth. |
Exactly. The gap between rich and poorer has never been greater. We have trickle up | | | |
| Are the rich fleeing the UK? on 20:36 - May 20 with 539 views | Boundy |
| Are the rich fleeing the UK? on 18:53 - May 19 by Boundy |
Is there a limit , a simple question even you could answer , or is it beyond your wit to answer? |
That's a yes then , you don't know. | |
| "In a free society, the State is the servant of the people—not the master." |
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| Are the rich fleeing the UK? on 09:33 - May 21 with 431 views | controversial_jack |
| Are the rich fleeing the UK? on 20:36 - May 20 by Boundy |
That's a yes then , you don't know. |
As I stated, others will take their places in the hierarchy of the rich and influential | | | |
| Are the rich fleeing the UK? on 12:39 - May 21 with 401 views | JACKMANANDBOY |
| Are the rich fleeing the UK? on 09:33 - May 21 by controversial_jack |
As I stated, others will take their places in the hierarchy of the rich and influential |
Not necessarily the case. A person runs a wine company in Portugal and the UK and opts to live in the UK as the Portuguese and UK earnings are treated more favourably in the UK.
The UK changes the rules and it would be more favourable to live in Portugal. The person pays 300,000 for a Portuguese visa and moves to Portugal registering the company in Portugal.
The tax take in the UK drops and there is no need for anyone to take that person's place as the business runs as usual. | |
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| Are the rich fleeing the UK? on 13:43 - May 21 with 388 views | controversial_jack |
| Are the rich fleeing the UK? on 12:39 - May 21 by JACKMANANDBOY |
Not necessarily the case. A person runs a wine company in Portugal and the UK and opts to live in the UK as the Portuguese and UK earnings are treated more favourably in the UK.
The UK changes the rules and it would be more favourable to live in Portugal. The person pays 300,000 for a Portuguese visa and moves to Portugal registering the company in Portugal.
The tax take in the UK drops and there is no need for anyone to take that person's place as the business runs as usual. |
More up and coming entrepreneurs will take their places. It may take time, but it will happen | | | |
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