Ahead Of The Game

Yesterday I showed how wealthy people have been fleeing Illinois for greener pastures in Florida and such.

Now we have people in Britishland getting out even before the new Labour government is going to be swept to power with a massive majority (as seems likely).  And why would they do so, you ask?

The wealthy are already fleeing Britain over fears about Keir Starmer’s tax raids, it was claimed today.  It is the latest sign of anxiety about the prospect of a Labour government with potentially the largest majority in history.

 Sir Keir has insisted that apart from closing specific tax loopholes, nothing in his manifesto requires additional tax rises for ‘working people’.

But critics say his plans cannot be delivered without unleashing tax hikes yet to be declared to voters.

A Socialist lying about his goals?  Say it ain’t so.  Clearly, the people most likely to be affected by Labour’s rapaciousness aren’t being fooled.

I have three friends Over There who are actively making plans to leave, for good.  And no, they’re not especially wealthy ones, either — because as any fule kno, the only way to get serious tax receipts is to tax the middle class, and they are all in that category.  (The working classes don’t have money, and the wealthy can afford to shield theirs.)

One is even looking at moving to the U.S., but alas he wants to do it legally, which will take years.  (For reasons of honesty, he refuses to do the southern border swoop.)  He may go through Canada first, but we’ll have to see.

I know of another guy — not a personal friend — who’s just walking away from his house because he suspects that Labour is going to increase “stamp duty” on property transfers and sales, so when he did the arithmetic he found that it would be easier just to forget about it.  He’s just sold his company (a printing business), and from what I can gather, that moolah is already in an offshore tax haven.

Interesting times we live in, wot?