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Thread: Two-thirds of millionaires left Britain to avoid 50p tax rate

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by Paul Austin View Post
    Ive caught you now so I know to watch for it.
    LOL! You've caught nothing. It's all gone right over your head. So go ahead and believe the swill if you like. It's probably not fatal. Except to any pretense of comprehension of course.

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by Cardinal Fang View Post
    LOL! You've caught nothing. It's all gone right over your head. So go ahead and believe the swill if you like. It's probably not fatal. Except to any pretense of comprehension of course.
    No. You came into this thread wanting this story to be untrue based upon your domestic partisan hackery & made up a fairytale & caught by a local.

    Then in a pathetic attempt to cover up your deciet you claimed an entire nation was ignorant & only you had the answers.

    I caught you & Ill be watching every thread you turn up in & will call you out everytime you make things up.

    Its public now. We know your game.

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by Paschendale View Post
    So then why are these people still allowed to benefit from their earnings in the UK? If they leave to avoid taxes in their home country, then they should not be allowed to profit from any holdings they have there. It's that simple. If you want to benefit, you have to put back in. If you abandon your nation, then your nation takes back everything it gave you, and people retain everything they built to help you get rich. Nations and the people in them are not for plundering by a few powerful vultures.

    This is part of the trend for the upper upper class to remove themselves from the community of the rest of the world, employing hush hush banks in one nation, holding companies in another, and hiring workers in yet another. These people have no loyalty to anyone but themselves, and clearly have no loyalty to any of the people they're interacting with along the way. No nation should house or protect them, and their holdings should be sacrificed. If they won't show loyalty to anyone else, then no one should show loyalty to them.
    Well you see that is the conundrum isnt it? They feel no loyalty to their country because their country has no loyalty to them. Loyalty is a two way street. By the way they dont need protecting they can take care of themselves just fine. Most of the wealthy didnt get that way by being stupid. The more you sqeeze the fist, the more that escape it. You dont seem to realize they dont NEED you.
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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by buck View Post
    I read a story not too long ago about how there is a very large number of expensive houses on the market in the UK. Millionaires are leaving and selling their houses. So, is your contention then that they are carrying this charade far enough where they give up their nice house to go live in a tenement?
    Yes... they were selling their homes to... corporations set up in tax havens, owned by.... themselves. That way they could avoid certain taxes on the home and not need to pay income tax in the UK, but of course they were still staying in those homes. It is a loophole that is being investigated right now.
    PeteEU

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    The article in the OP has some weaksauce for evidence.
    They only looked at how much money people were claiming on their taxes rather than if people actually moved. There's no accounting for people who moved their money around differently in response to the new tax structure.
    The author takes some data and draws conclusions which may or may not be true, but which cannot be reliably drawn from the data presented.

    I'd do more research before I posted such a hypothesis online.
    But I seem to be pickier about facts, and logic than some politicians seem to be. I'ma dork like that sometimes..


    When we're seeing what we want to believe, it's harder to remember that we might not be seeing what we think we're seeing. imho, anyway. ymmv




    If anyone is actually interested, the data are out there
    I may be wrong.

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by PirateMk1 View Post
    They feel no loyalty to their country because their country has no loyalty to them.
    You're equivocating the govt w/ the country afaict.
    I may be wrong.

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by Cardinal Fang View Post
    LOL! You've caught nothing. It's all gone right over your head. So go ahead and believe the swill if you like. It's probably not fatal. Except to any pretense of comprehension of course.
    Prove it dickhead. How the **** would you know what has or has not gone over anyone's head?

    For you to be able to say 'it's all gone right over your head' - then you would have to have direct access to his brain. Since you obviously do not, then you either just lied or are staggeringly ignorant.

    I mean, why would you make such a monumentally stupid statement?

    i assume because you enjoy insulting people but don't have the guts to it face-to-face in the real world. So you come here and do it hidden behind a computer you emotionally-disturbed, self-centered, ignorant troll?


    Have a nice day.

    Btw - I am not drunk or stoned...I am enjoying freedom of speech before I get banned (though the mods will obviously erase this post - must only have good speak on PF)

    I have long wanted to tell the pathetic loser that is Cardinal Fang off. That day has now come...lol.

    Good day all.
    Last edited by DA60; 12-01-12 at 09:43 AM.

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by Paul Austin View Post
    No. You came into this thread wanting this story to be untrue based upon your domestic partisan hackery & made up a fairytale & caught by a local.
    I came to the thread because of its eerie harkening back to other dumb threads like it in the past, all of them based on a total fiction. And sure enough, people had bought into the phony propaganda meme once again. Lots of them. It's pure manufactured rubbish. There is no such thing as tax-based migratory patterns. Wealthy people in particular do not make locational decisions based on taxes, and they do not pull up long-established stakes and go off to homestead elsewhere because they lose a few cents at the margin. People who can be scared off by a loss of a few cents at the margin do not tend to become wealthy in the first place. Taxes are one small and typically inconsequential number in an ocean of more important data that drive the location decisions of companies and of individuals and households. When they come into play at all, taxes tend to serve as a tie- or close-call-breaker between the two or three final choices that all the other factors have whittled things down to. The fact that some will fall sheepishly for so transparently counterfactual a fraud as the one put forward in the OP is simply a matter of ignorance, and as we know, ignorance knows no boundaries and can strike anywhere.

    Quote Originally Posted by Paul Austin View Post
    Then in a pathetic attempt to cover up your deciet you claimed an entire nation was ignorant & only you had the answers.
    Wrong is wrong, no matter where it surfaces, and I'll beat that nation's trashier newspapers time after time. They assure that there will be little enough challenge in that.

    Quote Originally Posted by Paul Austin View Post
    I caught you & Ill be watching every thread you turn up in & will call you out everytime you make things up. Its public now. We know your game.
    You can't imagine the fear this strikes in my heart.
    Last edited by Cardinal Fang; 12-01-12 at 10:10 AM.

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by Cardinal Fang View Post
    I came to the thread because of its eerie harkening back to other dumb threads like it in the past, all of them based on a total fiction.
    You mean sort of like your made up story in this thread?

    I deleted the next bit because it was just you making things up again.


    Wrong is wrong, no matter where it surfaces
    Indeed, & as we've seen in this thread wrong surfaces in virtually every post you make.


    and I'll beat that nation's trashier newspapers time after time. They assure that there will be little enough challenge in that.
    Firstly you make a fool of yourself when you make such claims, secondly its not the "trashier" newspapers its ALL of them, & everyone else too.

    You couldnt even be honest about that bit.

    Still, keep bumping the thread, that way more & more people can read it & see you like to make things up, including your delusion that you know more than an entire country, even though you didnt even know the number of millionaires went up.

    Even the "trashier" newspapers knew that...

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    Re: Two-thirds of millionaires left Britain to avoid 50p tax rate

    Quote Originally Posted by blaxshep View Post
    I think what people are missing is that there is a difference between being successful and being rich.

    One should be honored and the other despised.
    I apologize as I haven't read the rest of the thread yet, I just now came across your response.


    Why is success to be honored and being rich is to be despised? Could you please clarify this for me?
    Fool me once, shame on you.
    Fool me twice....shame on me.

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