TRIGGERnometry How Britain is Destroying Its Economy - Daniel Priestley
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Aug 27, 2025 
In this engaging discussion with Daniel Priestley, a British entrepreneur and best-selling author, the complexities of wealth taxation are unraveled. He argues that high taxes could drive businesses away, especially post-pandemic, and examines how taxation impacts entrepreneurship. Priestley also emphasizes the need for economic freedom versus state control, challenging perceptions of wealth and inequality. Personal agency in wealth creation shines through as he inspires listeners to navigate opportunities in today's tech-driven landscape.
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Entrepreneurs Have Greater Mobility
- Entrepreneurs left when policy and taxes made the country uncompetitive for running global businesses.
- Remote work and cloud tools after COVID increased mobility and exit options for founders.
Avoid Policies That Signal Anti-Wealth
- If policy signals 'anti-wealth', businesses will relocate their domicile and operations.
- Avoid punitive, visible tax changes if you want to retain entrepreneurs and investment.
Top Earners Already Pay Disproportionately
- The top 1% earn ~14% of income but pay ~30% of income tax and much more in other taxes.
- High marginal rates plus tax layers (corporation, dividend, VAT) concentrate tax burden on high earners.