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Original poster

Millionaires leaving UK- are you concerned?

403 replies

anonhop · 03/02/2025 15:21

Read today that 10,800 millionaires left the UK in 2024 which is equivalent in tax take for the government to half a million average tax payers. I don't think that factors in their reduced reliance on public services either.

Do you think this is concerning in terms of investment & spending in our economy?

I understand the moral arguments for the wealthy paying more tax but if so many are leaving, will it practically leave us worse off?

Curious to see what people think

OP posts:
TitusMoan · 15/02/2025 14:25

Feckedupbundle · 15/02/2025 13:04

I can understand why people have their heads in the sand and are denying the economic disaster that is unfolding.
It's the same with every person who has been scammed or conned.They don't want to admit that they've been scammed,it's embarrassing and a blow to their pride. No one wants to be seen as gullible,and admit that they were taken in by smooth talk, impossible promises ect. That's why,when faced with Labours disastrous policies,they try and rationalise them,by saying that "it's only the rich being affected" or there are "no tax rises for working people",as they can't compute that a government would willingly throw it's populace under a bus.

I'm old enough to remember when Labour were in power in the 1970s,the rubbish piling up on the streets,empty shelves in the shops due to strikes, power cuts,dead bodies being unburied, the 3 day week. That was enough for me to never trust Labour.

That didn’t last very long (the events in your final paragraph) and then we had Thatcher and the Tories come along to dismantle the unions and then the housing market… which brings us to where we are now, huge economic inequality which is FAR worse than it was in the 1970s.

Original poster
anonhop · 15/02/2025 19:30

@TitusMoan it didn't last long BECAUSE thatcher came in and sorted it. We'd be much poorer if Labour had continued.

Granted, we might be more equally poor...

OP posts:
Badbadbunny · 15/02/2025 19:45

Winter of discontent lasted around six months, and was only resolved by Labour offering a whopping pay rise to the unionised workers involved.

Sounds familiar?? Unions holding the country to ransom.

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