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Aden Wellsmith
Garys Economics
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Comments by "Aden Wellsmith" (@adenwellsmith6908) on "Will the rich leave the UK?" video.
@Alaaaa23567 They will vote against it. The reason is that unlike the UK, in CH you get to accumulate wealth and the Swiss voter has a mechanism to say no. I used to live there. You could hear checkout girls in Migros discussing their holiday in Bali. Do you think that would happen in the UK? No. The big difference is that in CH the state doesn't asset strip the works of 18% of their income to pay their socialist pension debts.
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You've earned around 575K, and that excludes your pension. Where's the money gone is the more scientific question.
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But look at the tax levels. Do you think they would stay for UK levels of taxation?
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@DorothyReich The leprechaun myth.
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Or ask the question why does the state need so much cash when services are being axed?
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@aldozilli1293 The super rich don't invest in bonds. 1. Insurance companies - forced to lend their capital. 2. Banks - forced to lend their capital. 3. Pensioners forced to lend their capital if they buy an annuity [the rules are rigged] 4. Other central banks in a scratch my back, I'll scratch yours. 5. The government. See the Asset Purchase Facility. The rich aren't involved.
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Assets can and do leave.
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