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Th4tGuyII ,
@Th4tGuyII@fedia.io avatar

“If it cannot, it risks losing much of the invaluable investment, tax revenue, and entrepreneurial spirit that they contribute.”

Ah yes, because the rich are truly the most generous class of them all...

  • They invest in initiatives designed to make them more money, or to reduce what they pay in taxes.
  • They pay the bare minimum possible taxes after playing around with so many loopholes it would make your brain hurt.
  • And who could forget that entrepreneurial spirit!

It's the same trickle-down economics argument as always. If the rich leave because they're actually being made to pay their way, the economy would disintegrate because we'd lose businesses like "Arton Capital" that...

"empowers high net worth individuals and families to become global citizens by investing in a second residence or citizenship"

What a tragedy it would be to lose businesses like these! /s


Also, is it not slightly biased to have the person the majority of your article about millionaires wanting to leave the UK quotes be the CEO of this company above who makes their money helping millionaires leave the UK?

That'd be like me getting an ice-cream man to discuss people wanting more ice-cream during the summer. Like even if it was true, you couldn't have picked a less biased source?

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