UK should have an “exit tax” like Australia and Canada. The UK is an international outlier in not charging Capital Gains Tax (CGT) on wealthy people who leave the country

Comments

• splonglo@lemmy.world ⁨10⁩ ⁨months⁩ ago

  The rich DO love slurping up all of our money and then living somewhere else where they don’t have to pay any tax.

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• hbm@feddit.dk ⁨10⁩ ⁨months⁩ ago

  And the US after that facebook guy went to SGP prior to the IPO. It’s a little ew in my (personal) book — a cover charge to leave the bar if you still have money for more drinks, but hey …

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• HumanPenguin@feddit.uk ⁨9⁩ ⁨months⁩ ago

  Unfortunately the reason it won’t happen. Is it will be seen as also an entrance tax.

  Discouraging wealthy investors from settling in the UK.

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