Thread: Is it time to leave the UK?
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Old 07-09-2022, 17:44   #49
OLD BOY
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Re: Is it time to leave the UK?
Quote:
Originally Posted by ianch99 View Post
But punitive, in this context, is a relative term. I would argue that high net worth individuals should pay the same effective tax rate on the increase in their wealth (not just "income") as you & I. Would you not agree?
By wealth, you mean capital. People’s houses. Were they not taxed on these items when they were bought? How many times do you want to tax people?

You will lose the best talent if you carry on like that.
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