So no one is questioning “Henley & Partners” data beyond “just trust me bro”? Propaganda. Tax the super rich please.
Finally! However lamentably “Notably, this figure does not include wealth in the form of property assets.” So it’s not really good news until they start selling up!
“Mullins, who sold his business in 2021, insisted his family would “go mad” if they had to pay increased inheritance tax on the apartment – in the same block as a home owned by Tom Jones and other assets.”
If you don’t let us hoard our wealth, we’ll leave!! Obviously he’s a reform backer, fuck everyone else as long as he gets his.
I willing to bet they have kept their properties and are renting them out.
Will this make the price of fish and chips fall to reasonable levels?
From The Times report on this story: “Andrew Amoils, head of research, added it’s worth noting that most of the companies on the FTSE 100 were started by centi-millionaires, so the loss of these individuals has a massive impact on the economy”.
We can’t have a growing economy, associated tax revenues and good jobs without the people who have the wealth to create them.
“Tax the rich”
“Good riddance to the rich”
The same people say both
Good riddance to the lot of them
Mad how they can say with a straight face that the country is getting worse, yet refuse to pay what the can easily afford to fix it.
Rather have a good city than a playground for the rich
Such a nonsense.
480k people left the UK last year. Only 79k were British citizens.
58k British citizens returned.
And we should act like this is a bad thing!? Let’s get our soul back ffs!
No come back guys
The fact that this *really* seems to piss off Nick fucking Ferrari makes me wish more millionaires would leave.
They did this in 1997-8 too. Then came back when they realised living in London is more entertaining than being bored in a tax haven.
70% of our U.K. staff and their families will have left by September of this year. Mostly back to their countries of origin in Western Europe although some are moving to a new office in Lisbon.
The tax increases, rising crime and cost of living are their primary reasons for leaving. High taxes should run hand in hand with good public services and safety.
In London, at least, that doesn’t seem to be the case anymore.
Screw’em, tax their assets. You can leave the country but you can’t just pickup and take land, buildings, and businesses with you. History shows that the rich will threaten to leave, and most won’t.
Great, can we now put an exorbitant tax on all the properties they’re going to leave empty please?
They weren’t paying tax anyway, good riddance
To be honest, most wealthy people probably have most of they money offshore or held by offshore companies and trusts, so how much difference will it make?
Maybe we should have a luxury goods tax again or large levies on personally importing goods from overseas. Perhaps stamp duty that is not much at all on your average home, but is heavy for very expensive properties. Also make all fines reflect income. Rich people often aren’t bothered by fines unless it harms their reputation or freedom. Because they can afford the fine, many take the point of view that they can afford it, so why not gamble and possibly save money. The rest of us can’t afford the gamble, so obey the law.
Honestly, who cares?
What use is being a ‘rich city’ if most of the money is in the hands of a tiny elite?
Non tax payer leaves because they have to pay tax, but ask reform and it’s da foreigners who leech off the system
So we don’t tax the rich and they leave anyway? BRING THAT WEALTH TAX IN
This whole meme is based on highly spurious research. The “thousands of millionaires leaving the UK” was based upon researchers looking at LinkedIn. BTW anyone with a 3+ bedroom house in London or a 5+ bedroom house in the South East counts as a ‘millionaire.’ But don’t let that stand in the way of a forced-meme the billionaires want you to believe in.
Saying the quiet bit out loud: the collective wealth of most Londoners is not that much
Let’s hope they stay away and labour push through with their plans to seize vacant properties.
What a clickbait, load of crap, oh no there are less millionaires living in London, who cares?
If we are looking at pure GDP it’s still up there.
Let’s just make up a stat that no one cares about and then use that to scaremonger like the UK is somehow “worse”.
These Russian bots are here telling us we are on some downward trajectory or that the UK is failing, don’t buy into their propaganda, do your own research we literally have publicly available data that indicates the opposite.
And for anyone saying wah wah wah there are less tax receipts because less rich people, yeah whatever, it’s up year on year (COVID exception), go check the gov website year on year it’s up 12.6 billion for the same period, stop spreading your disinformation.
They should had their assets frozen and me treated as the treasonous bastards that they are.
Does this exodus include the Russian oligarchs fleeing for genocide?
They may not be physically there, but I bet their jobs are still in the capital, and the haven’t sold the properties.
good, London should be in the top 5 affordable cities
oh no. anyway.
Oh no. Anyway….
We are devastated
Yeah but
Where do they go ? I don’t know…
Can you repeat the question ?
Tax aside, I wonder how much the lack of safety plays into this. We deny and/or normalise theft as ‘then don’t use your phone while outside’ as if it is the expected behaviour
Why was this post tagged as a “misleading headline?”
good riddance
Good, London is a separate country to most of the UK
Oh well.
People in this sub who think £60k + is nothing. What planet are you living on!? Out of touch wealthy Londoners who don’t even see themselves as wealthy, when at £60k you’re on double the national average salary. The mind boggles.
And to the person who said £100,000 isn’t a lot? That puts you in (I think I’m right in saying but open to correction) the top 3% of earners! Geez, some of you are so far removed from the real world.
45 comments
Oh dear.
So no one is questioning “Henley & Partners” data beyond “just trust me bro”? Propaganda. Tax the super rich please.
Finally! However lamentably “Notably, this figure does not include wealth in the form of property assets.” So it’s not really good news until they start selling up!
“Mullins, who sold his business in 2021, insisted his family would “go mad” if they had to pay increased inheritance tax on the apartment – in the same block as a home owned by Tom Jones and other assets.”
If you don’t let us hoard our wealth, we’ll leave!! Obviously he’s a reform backer, fuck everyone else as long as he gets his.
I willing to bet they have kept their properties and are renting them out.
Will this make the price of fish and chips fall to reasonable levels?
From The Times report on this story: “Andrew Amoils, head of research, added it’s worth noting that most of the companies on the FTSE 100 were started by centi-millionaires, so the loss of these individuals has a massive impact on the economy”.
We can’t have a growing economy, associated tax revenues and good jobs without the people who have the wealth to create them.
“Tax the rich”
“Good riddance to the rich”
The same people say both
Good riddance to the lot of them
Mad how they can say with a straight face that the country is getting worse, yet refuse to pay what the can easily afford to fix it.
Rather have a good city than a playground for the rich
Such a nonsense.
480k people left the UK last year. Only 79k were British citizens.
58k British citizens returned.
And we should act like this is a bad thing!? Let’s get our soul back ffs!
No come back guys
The fact that this *really* seems to piss off Nick fucking Ferrari makes me wish more millionaires would leave.
They did this in 1997-8 too. Then came back when they realised living in London is more entertaining than being bored in a tax haven.
70% of our U.K. staff and their families will have left by September of this year. Mostly back to their countries of origin in Western Europe although some are moving to a new office in Lisbon.
The tax increases, rising crime and cost of living are their primary reasons for leaving. High taxes should run hand in hand with good public services and safety.
In London, at least, that doesn’t seem to be the case anymore.
Screw’em, tax their assets. You can leave the country but you can’t just pickup and take land, buildings, and businesses with you. History shows that the rich will threaten to leave, and most won’t.
Great, can we now put an exorbitant tax on all the properties they’re going to leave empty please?
They weren’t paying tax anyway, good riddance
To be honest, most wealthy people probably have most of they money offshore or held by offshore companies and trusts, so how much difference will it make?
Maybe we should have a luxury goods tax again or large levies on personally importing goods from overseas. Perhaps stamp duty that is not much at all on your average home, but is heavy for very expensive properties. Also make all fines reflect income. Rich people often aren’t bothered by fines unless it harms their reputation or freedom. Because they can afford the fine, many take the point of view that they can afford it, so why not gamble and possibly save money. The rest of us can’t afford the gamble, so obey the law.
Honestly, who cares?
What use is being a ‘rich city’ if most of the money is in the hands of a tiny elite?
Non tax payer leaves because they have to pay tax, but ask reform and it’s da foreigners who leech off the system
So we don’t tax the rich and they leave anyway? BRING THAT WEALTH TAX IN
This whole meme is based on highly spurious research. The “thousands of millionaires leaving the UK” was based upon researchers looking at LinkedIn. BTW anyone with a 3+ bedroom house in London or a 5+ bedroom house in the South East counts as a ‘millionaire.’ But don’t let that stand in the way of a forced-meme the billionaires want you to believe in.
Saying the quiet bit out loud: the collective wealth of most Londoners is not that much
Let’s hope they stay away and labour push through with their plans to seize vacant properties.
What a clickbait, load of crap, oh no there are less millionaires living in London, who cares?
If we are looking at pure GDP it’s still up there.
Let’s just make up a stat that no one cares about and then use that to scaremonger like the UK is somehow “worse”.
These Russian bots are here telling us we are on some downward trajectory or that the UK is failing, don’t buy into their propaganda, do your own research we literally have publicly available data that indicates the opposite.
And for anyone saying wah wah wah there are less tax receipts because less rich people, yeah whatever, it’s up year on year (COVID exception), go check the gov website year on year it’s up 12.6 billion for the same period, stop spreading your disinformation.
They should had their assets frozen and me treated as the treasonous bastards that they are.
Does this exodus include the Russian oligarchs fleeing for genocide?
They may not be physically there, but I bet their jobs are still in the capital, and the haven’t sold the properties.
good, London should be in the top 5 affordable cities
oh no. anyway.
Oh no. Anyway….
We are devastated
Yeah but
Where do they go ? I don’t know…
Can you repeat the question ?
Tax aside, I wonder how much the lack of safety plays into this. We deny and/or normalise theft as ‘then don’t use your phone while outside’ as if it is the expected behaviour
Why was this post tagged as a “misleading headline?”
good riddance
Good, London is a separate country to most of the UK
Oh well.
People in this sub who think £60k + is nothing. What planet are you living on!? Out of touch wealthy Londoners who don’t even see themselves as wealthy, when at £60k you’re on double the national average salary. The mind boggles.
And to the person who said £100,000 isn’t a lot? That puts you in (I think I’m right in saying but open to correction) the top 3% of earners! Geez, some of you are so far removed from the real world.
Comments are closed.