“In America they applaud people who create wealth,” Sir Jim added. “Unfortunately the UK has got a bit of a green eye towards wealth at the moment.”
Rachel Reeves axing of the “non-dom” system, a status that allowed individuals to only pay tax on income generated in the UK, is blamed for many of the exits.
I say good riddance. Most of them were tax dodgers who likely weren’t paying much tax anyway.
Whole you’re at it, tax people who own stuff in the UK from abroad too, so that they can’t profit from abroad.
Earlier this year Gary Linekar and over 100 other British millionaires asked prime minister Andy Burnham to increase their wealth tax as they can “afford it”.
Create wealth? If you’re not putting most of it back into the system, you’re not creating wealth, you’re hoarding it.
Parasite.
“People who create wealth”, he means the workers, right?
If he left and sold all his property, then that would’ve been great, but there’s nothing here that says he’s sold shit. He’s only moved his legal residency to Monaco.
We still need a #WealthTax
But do be mindful that he can only spend 90 days/year in the U.K. I guess the rest he’ll spend on his yacht. Oh no.
In America they applaud people who create wealt
Bullshit. We have all seen their labour laws.
Funny that he said that and moved to monaco. Parasite
“In America they applaud people who create wealth,”
No, we fucking don’t. The filthy rich in America applaud people who steal from the poor, just like the world over.
Unemployed parasitic bum.
the latest among several
Oh fuck guys there’s been SEVERAL of these departures, better lower taxes to bring them back immediately! Jesus god what will we do without “Sir Jim”?! God help us all.
If they don’t want to pay higher (fairer) taxes, then it stands to reason that they almost certainly pay as little tax as they can. So what, exactly, will we miss when they leave?
Wasn’t paying the right rate of tax to begin with. Fuck them. Fuck the lot of them.
people who create wealth
People who create wealth for themselves and nobody else, in fact they take it away from all others. They deserve no respect, only guillotines.
Only workers create wealth, capitalists steal it.
People with wealth are usually the worst people in the world.
It’s a win for UK?
Yes
Oh no! Anyway…
in 2019,
A spokesperson for the Reubens said the brothers “were not born in the UK, nor do they reside in the UK”
- https://economictimes.indiatimes.com/nri/nris-in-news/india-born-reuben-brothers-in-uks-new-tax-haven-elite-list/articleshow/68304464.cmsthe more things change etc
One less mouth to feed
I say good riddance.
Exactly my first thought.
