Good. Personally, I don’t want an excessive amount of rich around spoiling it for the majority. I know wealth controls freak the rich out, boo hoo. Their lack of control is starving us out of house and home, and we’re the vast majority in this democracy. Ok, less money for the exchequer, but less cronyist handouts to the already wealthy is no bad thing.
TokyoBaguette on
They’ll have 3 months to pack up should they lose their jobs. Where next?
__Game__ on
Good.
IDGAF of presently they bring money to the economy, it doesn’t get spent on anything much more than lining other rich people’s pockets so fuck off.
Ambitious_Score1015 on
always remember that at a critical mass wealth hoovers up wealth. The more they accumulate the more they can hold ransom over us. It’s always going to hurt to evict hoarders, but the time to do it is always years ago.
blatchcorn on
Realistically the UK is still a great place to be wealthy and I don’t think the budget will drastically alter that. The elephant in the room is where will they go? I’ve read Switzerland is in favour because of their political stability, but the tax situation won’t be any better. Similarly the US is unlikely to be hugely advantageous to the truly wealthy (not high income earners) because their tax systems skew more towards property ownership over income vs the UK.
I see Singapore mentioned in the article, but that’s more a place where investment bankers go to work for a few years so they can save up and buy property somewhere else, not a permanent residence
Minimum-Geologist-58 on
To each their own, if a French couple want to go to live in Singapore to escape the UK’s progressive tax system for a cheaper but still progressive tax system, more power to them. Personally, having spent a fair bit of time in Singapore, you couldn’t pay me enough.
I also feel they may find lower traffic and cheaper childcare but they’ll also find you pay as much in tax on a car periodically as a London nursery costs for 3 years! That’s why traffic is lower.
Created_User_UK on
>He said: “The UK and Europe are broke — the very generous social model is showing its limit and you cannot continue to print money to fund such a lifestyle.”
Says the guy who works in finance, an industry riddled head to toe in corruption, fraud and mismanagement.
I wonder what his attitude was towards those same states printing money to bail out his industry… and as a result preserving his lifestyle
deathly_quiet on
I implore them to avoid letting the door hit their arses on the way out. Pay your taxes or fuck off. That needs to be the message.
Ubericious on
Well that’s me no longer reading The Times
curiosity_Sponge42 on
If they don’t want to be in the uk then just make sure they leave with no assets here to earn from. It’s fine if you don’t want to pay tax, sod off to any other country but you cannot have any property or wealth in the country. No money coming to you over seas.
5StarMan94 on
The naivety of people here is insane. Saying it’s a good thing that high earners want to leave is so ridiculous if you want things in this country to get paid for. The top 1% of earners in this country pay 30% of tax. Who’s going to pay for the NHS if you think it’s a good thing they’re leaving?
Complex-Biscotti3601 on
Escape to Dubai/Singapore. Take your assets and don’t come back. UK is never going to get better again.
notaballitsjustblue on
Good.
– Inequality creates division.
– Relative wealth depresses the poorest. James: Sit Down. ‘If I hadn’t seen such riches I could live with being poor’.
– Unequal wealth means the richest have power to change the world in their favour https://www.washingtonpost.com/opinions/2022/08/28/leonard-leo-donation-campaign-finance/.
– Trickle-down does not work.
– I want a world where facilities are more common. I like nice hotels, I’d like more of them and fewer shit ones and fewer amazing ones. People can still save up for an amazing one.
– Opportunities should be equal and meritocratic.
– I’d like to go for walks and the fences not be broken. I’d like to got for drives and not have to avoid potholes. Inequality isn’t just the difference between the extreme of private wealth but the underfunding of public wealth.
– It makes things more expensive. Private healthcare raised per-person health expenditure. One person paying double might raise their care level 10pc but drops it 20pc for another for little saving.
– Poverty is not absolute, it is itself relative. Poverty in Bangladesh is different to poverty in Kent. The Kentish poor are far richer but the fact that they’re surrounded by huge wealth makes it more egregious.
– The gradient between centiles is important. With so much wealth in the top 10 and 20 percent the gradient of the lower 80% is too shallow. Working hard to get into the next centile isn’t worth it at the lower end.
Visual-Blackberry874 on
Lots of lots of poor folk in these comments. Jealous?
PassingShot11 on
good, they should go, they dont contribute anything and take everything.
shame they wont and this is all hot air…
dopeshow42 on
Boo fucking hoo. You should pay like the rest of us. Do us a favour and dont come back.
Regular_mills on
So they hire 1 person to cook, clean and be a nanny on Singapore wages I can see why they wouldn’t come back. That 3 separate jobs that need to be paid well over here so they are abusing cheap labor.
Southern_Voice_8670 on
More than happy to see them go. It’s not like we can say we’re thriving with them here. Once we remove their unwanted influence of politics we might find thing run better. We have nothing to lose at this point.
I would only say we have to be extra harsh on those that do leave. No sliding back if we are able to stabilise public services for the benefit of everyone. We can’t go back to selling fat public pigs to greedy investors who bailed.
Right-Program-9346 on
If they don’t want to pay their fair share, then gtfo. The poorest in the UK have bared the burden for far too long. Austerity didn’t achieve anything positive, and now we are going to have 10 more years of it possibly.
If you can pay more then you should.
IndelibleIguana on
Good. fuck off to some other country that lets you ‘be in control.’
No-Wind6836 on
Top 10% pay 60% of the taxes.
Bottom 50% of the population pay almost no taxes.
The REALITY is most people take resources from the top. And listening to you all bitch about the wealthy is just hilarious.
Keep making the UK a less attractive place for successful people and watch how your living standards fall further and further behind America.
ITT: poor jealous bitter people take their bitterness out on successful people.
Bonus: amazing concentration of economic illiteracy
Optimaldeath on
Didn’t Dyson leave this alleged utopia?
Suspect they’ll realise it’s not as great after a few years.
MundaneImprovement27 on
Fuck them. Yes, reward achievement, but there’s a balance and living in a dystopian winner takes all culture like say Hong Kong with a 15% flat tax rate, but no social net to speak of or democracy sounds far too bladerunner. Ditto Dubai etc built on modern slavery
Darthmook on
The rich that leave the country for a lower tax bill, probably don’t pay their fair share in the first place.. So no real loss.. The UK needs to stop people moving abroad from keeping property and assets if the tax isn’t paid in the UK.. If you don’t want to contribute to the county’s wealth why should you be able to keep UK assets?
Electrical_Elk_1137 on
We need international cooperation on properly taxing the wealthy. It was stupid to let it get this bad in the first place.
Orsenfelt on
>*Their meals are cooked and domestic chores completed by a live-in maid from the Philippines, who also stands in as a babysitter for their two children.*
>*They used to work in the City of London but the lifestyle they enjoy now was not achievable on their UK income, despite earning six-figure salaries.*
Can’t find any foreigners to pay £300/month to be your live in maid/cook/babysitter in the UK. I really do weep for what the country has become!
Civil_opinion24 on
If they weren’t paying their fair share of tax then their wealth won’t be missed anyway.
27 Comments
Good. Personally, I don’t want an excessive amount of rich around spoiling it for the majority. I know wealth controls freak the rich out, boo hoo. Their lack of control is starving us out of house and home, and we’re the vast majority in this democracy. Ok, less money for the exchequer, but less cronyist handouts to the already wealthy is no bad thing.
They’ll have 3 months to pack up should they lose their jobs. Where next?
Good.
IDGAF of presently they bring money to the economy, it doesn’t get spent on anything much more than lining other rich people’s pockets so fuck off.
always remember that at a critical mass wealth hoovers up wealth. The more they accumulate the more they can hold ransom over us. It’s always going to hurt to evict hoarders, but the time to do it is always years ago.
Realistically the UK is still a great place to be wealthy and I don’t think the budget will drastically alter that. The elephant in the room is where will they go? I’ve read Switzerland is in favour because of their political stability, but the tax situation won’t be any better. Similarly the US is unlikely to be hugely advantageous to the truly wealthy (not high income earners) because their tax systems skew more towards property ownership over income vs the UK.
I see Singapore mentioned in the article, but that’s more a place where investment bankers go to work for a few years so they can save up and buy property somewhere else, not a permanent residence
To each their own, if a French couple want to go to live in Singapore to escape the UK’s progressive tax system for a cheaper but still progressive tax system, more power to them. Personally, having spent a fair bit of time in Singapore, you couldn’t pay me enough.
I also feel they may find lower traffic and cheaper childcare but they’ll also find you pay as much in tax on a car periodically as a London nursery costs for 3 years! That’s why traffic is lower.
>He said: “The UK and Europe are broke — the very generous social model is showing its limit and you cannot continue to print money to fund such a lifestyle.”
Says the guy who works in finance, an industry riddled head to toe in corruption, fraud and mismanagement.
I wonder what his attitude was towards those same states printing money to bail out his industry… and as a result preserving his lifestyle
I implore them to avoid letting the door hit their arses on the way out. Pay your taxes or fuck off. That needs to be the message.
Well that’s me no longer reading The Times
If they don’t want to be in the uk then just make sure they leave with no assets here to earn from. It’s fine if you don’t want to pay tax, sod off to any other country but you cannot have any property or wealth in the country. No money coming to you over seas.
The naivety of people here is insane. Saying it’s a good thing that high earners want to leave is so ridiculous if you want things in this country to get paid for. The top 1% of earners in this country pay 30% of tax. Who’s going to pay for the NHS if you think it’s a good thing they’re leaving?
Escape to Dubai/Singapore. Take your assets and don’t come back. UK is never going to get better again.
Good.
– Inequality creates division.
– Relative wealth depresses the poorest. James: Sit Down. ‘If I hadn’t seen such riches I could live with being poor’.
– Unequal wealth means the richest have power to change the world in their favour https://www.washingtonpost.com/opinions/2022/08/28/leonard-leo-donation-campaign-finance/.
– Trickle-down does not work.
– I want a world where facilities are more common. I like nice hotels, I’d like more of them and fewer shit ones and fewer amazing ones. People can still save up for an amazing one.
– Opportunities should be equal and meritocratic.
– I’d like to go for walks and the fences not be broken. I’d like to got for drives and not have to avoid potholes. Inequality isn’t just the difference between the extreme of private wealth but the underfunding of public wealth.
– It makes things more expensive. Private healthcare raised per-person health expenditure. One person paying double might raise their care level 10pc but drops it 20pc for another for little saving.
– Poverty is not absolute, it is itself relative. Poverty in Bangladesh is different to poverty in Kent. The Kentish poor are far richer but the fact that they’re surrounded by huge wealth makes it more egregious.
– The gradient between centiles is important. With so much wealth in the top 10 and 20 percent the gradient of the lower 80% is too shallow. Working hard to get into the next centile isn’t worth it at the lower end.
Lots of lots of poor folk in these comments. Jealous?
good, they should go, they dont contribute anything and take everything.
shame they wont and this is all hot air…
Boo fucking hoo. You should pay like the rest of us. Do us a favour and dont come back.
So they hire 1 person to cook, clean and be a nanny on Singapore wages I can see why they wouldn’t come back. That 3 separate jobs that need to be paid well over here so they are abusing cheap labor.
More than happy to see them go. It’s not like we can say we’re thriving with them here. Once we remove their unwanted influence of politics we might find thing run better. We have nothing to lose at this point.
I would only say we have to be extra harsh on those that do leave. No sliding back if we are able to stabilise public services for the benefit of everyone. We can’t go back to selling fat public pigs to greedy investors who bailed.
If they don’t want to pay their fair share, then gtfo. The poorest in the UK have bared the burden for far too long. Austerity didn’t achieve anything positive, and now we are going to have 10 more years of it possibly.
If you can pay more then you should.
Good. fuck off to some other country that lets you ‘be in control.’
Top 10% pay 60% of the taxes.
Bottom 50% of the population pay almost no taxes.
The REALITY is most people take resources from the top. And listening to you all bitch about the wealthy is just hilarious.
Keep making the UK a less attractive place for successful people and watch how your living standards fall further and further behind America.
ITT: poor jealous bitter people take their bitterness out on successful people.
Bonus: amazing concentration of economic illiteracy
Didn’t Dyson leave this alleged utopia?
Suspect they’ll realise it’s not as great after a few years.
Fuck them. Yes, reward achievement, but there’s a balance and living in a dystopian winner takes all culture like say Hong Kong with a 15% flat tax rate, but no social net to speak of or democracy sounds far too bladerunner. Ditto Dubai etc built on modern slavery
The rich that leave the country for a lower tax bill, probably don’t pay their fair share in the first place.. So no real loss.. The UK needs to stop people moving abroad from keeping property and assets if the tax isn’t paid in the UK.. If you don’t want to contribute to the county’s wealth why should you be able to keep UK assets?
We need international cooperation on properly taxing the wealthy. It was stupid to let it get this bad in the first place.
>*Their meals are cooked and domestic chores completed by a live-in maid from the Philippines, who also stands in as a babysitter for their two children.*
>*They used to work in the City of London but the lifestyle they enjoy now was not achievable on their UK income, despite earning six-figure salaries.*
Can’t find any foreigners to pay £300/month to be your live in maid/cook/babysitter in the UK. I really do weep for what the country has become!
If they weren’t paying their fair share of tax then their wealth won’t be missed anyway.
Bye bye