Not sure any of you know what you are talking about, so let’s talk tax. Wealthy people most of which have achieved it on their own, build businesses employ people so the company they started pay, comporation tax at 25% of profits, employ people people and pay employers tax, have purchased a property stamp duty, buy a second home stamp duty plus 3%, may have buy to lets more tax, have investments pay capital gain tax forget they spend more than others pay VAT, cars etc. Philippa is on cloud nine there are no loopholes they are all gone. Now if you are talking mega wealthy and big corp then yes agree they have options to life off shore so no tax, global corps can play. Let’s be realistic the majority of ‘wealthy people’ are being ripped off. So what happens they leave then there is zero tax here. This is not a clever way to run the country. Those on minimum wage contribute but will never grow business and are not the entrepreneurs which is what the country needs to grow. Take away aspirations due to high unemployment taxes you are left with mediocre. That will not pay for public services, it’s called third world!
Jayne Thorburn ● 1d