Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Short answer. Because they are scared. Every second of every waking moment they are afraid to stop to think about it. They know they were just lucky, to pop out from a right vagina, right time in a right place and are no better than any other working stiff trying to get by. They are scared to lose it all just as easily as they got it and no amount of wealth will ever be enough to ease that dread.

Shorter answer. They earned their property. The government just confiscates it "for the greater good". AKA Theft.

So they earn an obscene amount of property (money) and decide the best way to spend it is to fund candidates who want to destroy public education, ensure healthcare stays expensive, gut research and protect child molesters rather than fund hospitals, universities, museums, medical research and ensure the next generation has the resources to thrive. It’s a judgement call in their part, and they prove they are callous, evil people who do not want to make the world a better place. Hard to feel sorry for them.

Anonymous wrote:

Anonymous wrote:Short answer. Because they are scared. Every second of every waking moment they are afraid to stop to think about it. They know they were just lucky, to pop out from a right vagina, right time in a right place and are no better than any other working stiff trying to get by. They are scared to lose it all just as easily as they got it and no amount of wealth will ever be enough to ease that dread.

Shorter answer. They earned their property. The government just confiscates it "for the greater good". AKA Theft.

Anonymous wrote:Short answer. Because they are scared. Every second of every waking moment they are afraid to stop to think about it. They know they were just lucky, to pop out from a right vagina, right time in a right place and are no better than any other working stiff trying to get by. They are scared to lose it all just as easily as they got it and no amount of wealth will ever be enough to ease that dread.

Anonymous wrote:

Anonymous wrote:Tax the rich, eat the rich, huh? Not in a global economy.

The U.K. Closed a Tax Loophole for the Global Rich. Now They’re Fleeing.

LONDON—The U.K. is trying to tax the superrich. It’s off to a bumpy start.

“I’m on my way out,” said Bassim Haidar, a Nigerian-born Lebanese businessman who moved here in 2010. “There comes a time when you don’t feel welcome anymore, and it’s time to just start packing and leaving.

Haidar is one of the estimated 74,000 who used a centuries-old tax loophole, abolished in April, that catered to the global rich. The nondomiciled—or non-dom status, as it is known—allowed foreigners living in the U.K. to pay tax only on what they earned domestically. Profits made abroad were ignored unless brought into the U.K.

Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all.

The British experiment has laid bare the difficult politics of taxing the rich. Taxing high earners has become a rallying cry on the left as a solution to income inequality and fraying social-safety nets. Low-tax advocates say taxes on the wealthy are counterproductive, driving away job creators and big spenders."

"Haidar earns most of his money from businesses he started overseas. He estimates the tax overhaul will increase his U.K. tax bill by five to seven times. A father of five, he also worries about the U.K.’s 40% inheritance tax, which now would apply on his global assets.

Haidar is selling his U.K. properties and plans to leave this summer. He’ll split his time between Dubai and Greece."

"Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all."

More: https://www.msn.com/en-us/money/personalfinance/the-u-k-closed-a-tax-loophole-for-the-global-rich-now-they-re-fleeing/ar-AA1ISXw7

So they are getting rid of the billionaire leeches? Great, let them move.they. Clearly aren’t contributing to society in any meaningful way, let them move to Somalia.

They won’t, though, they’ll just have their tantrums and STFU in the end.

Anonymous wrote:Tax the rich, eat the rich, huh? Not in a global economy.

The U.K. Closed a Tax Loophole for the Global Rich. Now They’re Fleeing.

LONDON—The U.K. is trying to tax the superrich. It’s off to a bumpy start.

“I’m on my way out,” said Bassim Haidar, a Nigerian-born Lebanese businessman who moved here in 2010. “There comes a time when you don’t feel welcome anymore, and it’s time to just start packing and leaving.

Haidar is one of the estimated 74,000 who used a centuries-old tax loophole, abolished in April, that catered to the global rich. The nondomiciled—or non-dom status, as it is known—allowed foreigners living in the U.K. to pay tax only on what they earned domestically. Profits made abroad were ignored unless brought into the U.K.

Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all.

The British experiment has laid bare the difficult politics of taxing the rich. Taxing high earners has become a rallying cry on the left as a solution to income inequality and fraying social-safety nets. Low-tax advocates say taxes on the wealthy are counterproductive, driving away job creators and big spenders."

"Haidar earns most of his money from businesses he started overseas. He estimates the tax overhaul will increase his U.K. tax bill by five to seven times. A father of five, he also worries about the U.K.’s 40% inheritance tax, which now would apply on his global assets.

Haidar is selling his U.K. properties and plans to leave this summer. He’ll split his time between Dubai and Greece."

"Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all."

More: https://www.msn.com/en-us/money/personalfinance/the-u-k-closed-a-tax-loophole-for-the-global-rich-now-they-re-fleeing/ar-AA1ISXw7

Anonymous wrote:

Anonymous wrote:Tax the rich, eat the rich, huh? Not in a global economy.

The U.K. Closed a Tax Loophole for the Global Rich. Now They’re Fleeing.

LONDON—The U.K. is trying to tax the superrich. It’s off to a bumpy start.

“I’m on my way out,” said Bassim Haidar, a Nigerian-born Lebanese businessman who moved here in 2010. “There comes a time when you don’t feel welcome anymore, and it’s time to just start packing and leaving.

Haidar is one of the estimated 74,000 who used a centuries-old tax loophole, abolished in April, that catered to the global rich. The nondomiciled—or non-dom status, as it is known—allowed foreigners living in the U.K. to pay tax only on what they earned domestically. Profits made abroad were ignored unless brought into the U.K.

Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all.

The British experiment has laid bare the difficult politics of taxing the rich. Taxing high earners has become a rallying cry on the left as a solution to income inequality and fraying social-safety nets. Low-tax advocates say taxes on the wealthy are counterproductive, driving away job creators and big spenders."

"Haidar earns most of his money from businesses he started overseas. He estimates the tax overhaul will increase his U.K. tax bill by five to seven times. A father of five, he also worries about the U.K.’s 40% inheritance tax, which now would apply on his global assets.

Haidar is selling his U.K. properties and plans to leave this summer. He’ll split his time between Dubai and Greece."

"Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all."

More: https://www.msn.com/en-us/money/personalfinance/the-u-k-closed-a-tax-loophole-for-the-global-rich-now-they-re-fleeing/ar-AA1ISXw7

So they are getting rid of the billionaire leeches? Great, let them move.they. Clearly aren’t contributing to society in any meaningful way, let them move to Somalia.

They won’t, though, they’ll just have their tantrums and STFU in the end.

Anonymous wrote:Tax the rich, eat the rich, huh? Not in a global economy.

The U.K. Closed a Tax Loophole for the Global Rich. Now They’re Fleeing.

LONDON—The U.K. is trying to tax the superrich. It’s off to a bumpy start.

“I’m on my way out,” said Bassim Haidar, a Nigerian-born Lebanese businessman who moved here in 2010. “There comes a time when you don’t feel welcome anymore, and it’s time to just start packing and leaving.

Haidar is one of the estimated 74,000 who used a centuries-old tax loophole, abolished in April, that catered to the global rich. The nondomiciled—or non-dom status, as it is known—allowed foreigners living in the U.K. to pay tax only on what they earned domestically. Profits made abroad were ignored unless brought into the U.K.

Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all.

The British experiment has laid bare the difficult politics of taxing the rich. Taxing high earners has become a rallying cry on the left as a solution to income inequality and fraying social-safety nets. Low-tax advocates say taxes on the wealthy are counterproductive, driving away job creators and big spenders."

"Haidar earns most of his money from businesses he started overseas. He estimates the tax overhaul will increase his U.K. tax bill by five to seven times. A father of five, he also worries about the U.K.’s 40% inheritance tax, which now would apply on his global assets.

Haidar is selling his U.K. properties and plans to leave this summer. He’ll split his time between Dubai and Greece."

"Beset by high public debt and crumbling infrastructure, the U.K. hoped eliminating non-doms would bring in about $45 billion by 2030. But instead of paying up, wealthy expats are rushing for the exits, sparking questions about whether the effort will raise any money at all."

More: https://www.msn.com/en-us/money/personalfinance/the-u-k-closed-a-tax-loophole-for-the-global-rich-now-they-re-fleeing/ar-AA1ISXw7