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UK: The exodus of the rich begins
Posted: Saturday, August 13, 2011

Posted: 10/7/2009 8:12:31 AM

By: froggy

I have a yacht to charter..They may want to use it..

Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5779

Posted: 10/5/2009 2:26:55 PM

By: Exodus

"The friend dropped his bombshell. He was clearing off. He'd worked it out: soon he would be paying 50 per cent income tax as a high earner, the changes to personal allowances would add another 10 per cent and then there was VAT.

He reckoned £7 of every £10 he earned would go, one way or another, to the Government. And he wasn't prepared to pay."


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