“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”.

all 23 comments

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[–] 47 points 1 day ago

Create wealth? If you're not putting most of it back into the system, you're not creating wealth, you're hoarding it.

Parasite.

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  • [–] 32 points 1 day ago (1 child)

    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

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  • [–] 37 points 1 day ago (1 child)

    In America they applaud people who create wealt

    Bullshit. We have all seen their labour laws.

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  • [–] 12 points 1 day ago

    "People who create wealth", he means the workers, right?

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  • [–] 25 points 1 day ago

    “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.

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  • [–] 25 points 1 day ago (1 child)

    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.

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  • [–] 19 points 1 day ago

    Wasn't paying the right rate of tax to begin with. Fuck them. Fuck the lot of them.

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  • [–] 17 points 1 day ago

    Unemployed parasitic bum.

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  • [–] 18 points 1 day ago (1 child)

    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.

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  • [–] 19 points 1 day ago (1 child)
    [–] 19 points 1 day ago

    Oh no! Anyway...

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  • [–] 9 points 1 day ago

    People with wealth are usually the worst people in the world.

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  • [–] 15 points 1 day ago

    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.cms

    the more things change etc

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  • [–] 5 points 1 day ago

    One less mouth to feed

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  • [–] 6 points 1 day ago

    I say good riddance.

    Exactly my first thought.

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  • [–] 5 points 1 day ago

    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”.

    Yes the government should increase their wealth tax, no questions about that...

    But Millionaires And Co. could also start a fund and plough their wealth into that. They probably have access to top notch accountants that could maximise the value of this fund. They don't need to wait for the government to do it for them. Just do it!

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  • [–] 3 points 1 day ago* (last edited 14 hours ago)

    Its geuinely disgusting, seeing the joy on their faces, and then the lined up servants, other human beings, made to stand and dress and act in a certain way, for the whims of the wealthy.

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  • [–] 2 points 1 day ago

    All this means is that I'm one place closer to being Britain's richest person. Nothing else of note.

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