The Money Podcast 10k Millionaires Leaving the UK
Almost 10k millionaires will leave the UK this year. Many people might not have sympathy for billionaires but this many leaving at the same time will have a significant impact on the country. In this episode, Rob talks about the reasons behind the millionaires leaving and what we should be doing as a country instead.
KEY TAKEAWAYS
- Businesses and millionaires may avoid some taxes but they pay billions in corporation tax, business rates, VAT and national insurance.
- Labour are suggesting a capital gains tax for those who leave the UK.
- Under Labour, it’s predicted 9500 millionaires will be leaving the UK this year.
- The public sector repels the people who contribute the most to the economy.
BEST MOMENTS
“Who employs you, who pays your wages”
“Even if they avoid all main taxes they are still generating billions for the economy”
“They are sending everyone away as they are taxing the shit out of them”
VALUABLE RESOURCES
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ABOUT THE HOST
Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”
“If you don't risk anything, you risk everything”
CONTACT METHOD
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LinkedIn: https://uk.linkedin.com/in/robmoore1979
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