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2025-04-06 17:25:29

Emeritus Prof Christopher May on Nostr: Hmmm... despite all the claims that raising taxes on NonDoms and other measure that ...

Hmmm... despite all the claims that raising taxes on NonDoms and other measure that might result in the wealthy pay more tax will scare the rich off, it now transpires that since the start of Trump's second term UK wealth management groups report an observable increase in the wealthy moving their financial assets to the UK, from the USA.

Perhaps, paying a bit more tax is better than seeing their holdings collapse in value as Trump's economic policies take hold?

#politics

h/t FT
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