Hell, some capital flight might be a good thing in some regards
Devalue the currency, making it easier to export goods
But it’s significantly overstated than what you lot are talking about
If they run businesses, those realistically aren’t going to move
“Oh no, the ultra rich won’t be able to afford another home!, they might not buy another boat!” And why should I feel sympathy for them?
because you want them to keep paying taxes
They pay less taxes than they should be already, because they abuse loopholes
are we talking "tax write-off" loopholes?
https://www.independent.co.uk/news/business/news/inheritance-tax-rates-wealthiest-uk-estates-avoidance-a8852616.html
There’s this for example
https://www.theguardian.com/business/2019/nov/05/thousands-of-uks-richest-people-exploiting-loophole-to-cut-tax-rate
This
thing is people dont really seem to understand the difference between what people are paying taxes on... and estimated net "wealth"
like bezos only gets paid 80k a year... so its not really worth him to leave the country if taxes rise... but also the state doesnt get much taxes from him anyway
or I think recently he up'd his pay to 87k or something
And if they leave the country. So what.
They make it easier for others to move up, for others to sell
Personally, we should be banning them from coming back if they choose capital flight
that presumes they are actively keeping people down... which may be true in some cases.. but Im sure its not for most
It assumes there will be a hole in the market which people can fill
what hole? if amazon moves its offices to another country.... people will still be able to access amazon
Amazon isn’t going to be doing that. The hole being, someone in the top 5% flees abroad, that job will now have an opening
If they operate in the UK, they still have to pay the taxes
Unless they’re pulling an apple, but Labour has a plan against that as well
yeah... they'll make a nationalised amazon 😛
this girl is awesome 😛 https://twitter.com/maskeroni/status/1194795428384059397?s=20
yay! https://twitter.com/Ruptly/status/1195045240039772160?s=20
https://www.reddit.com/r/ukpolitics/comments/dwnths/tories_have_crippled_our_nhs_during_10year_rule/
dont worry .. labour will fix it!
"muh labour"
Literally a broken record around here
we will be under 99 years of tory rule
and there will STILL be
"muh labour 200bn deficit"
Nhs funding can't keep Pace with mass immigration and resulting population explosion. Who knew?
Also... Le Reddit
Fuck Reddit, it's full of imbeciles
That's sub-twitter level discourse
Add another 100B to the number
interesting https://twitter.com/BloombergTV/status/1195329543877345281?s=20
