Comments by "" (@lonevoice) on "Millionaire Dale Vince calls out rich fleeing the UK to avoid tax rises" video.

  1. Quite agree. If people are so selfish that they see themselves in isolation from the community and want to turn their back on the UK then they should go and take any political rhetoric that they may have with them.
    2
  2. Agreed. It's probably about time that we started to identify who owns the assets in this country. If we ca'n't identify them properly or find that they are resident in a tax haven then we should tax the assets.
    2
  3. It's probably about time that we started to identify who owns the assets in this country. If we ca'n't identify them properly or find that they are resident in a tax haven then we should tax the assets.
    2
  4.  abhi739  I think that is income tax. It is an incredible statement of the sheer size and extent of the skewed income distribution within the UK particularly when you bear in mind that the top rate of income tax is only 45%, and as we know a lot of these people don't pay anywhere near that rate. Sunak for example had a tax rate of around 22% on his vast income. The problem with the extremely high earners and owners of wealth is that they are unable to spend enough. They are always able to spend as much as they can possibly want and will always are left with a surplus each year. Thos surpluses, rather than being spent in our economy, get invested into the purchase of assets such as shares and property. The consequence of this is that asset prices increase which is detrimental to the rest of society but it is also a drain on the working economy of business, jobs and services as an ever increasing amount gets channeled out from the economy into asset prices. It is a growing problem.
    1
  5.  @davideyres955  Nice if that happened and released properties to UK residents but reality is different. Take Lord Harmsworth for example. He owns the Daily Mail and is non domiciled in a tax haven yet owns the massive stately home of Ferne House in Wiltshire. People like this like to have property in the UK.
    1