THE GREAT BRITISH EXODUS
The recent capital gains tax increase in the UK was expected to bring additional tax revenue.
Instead, high-net-worth individuals and families are leaving the country leading to an 18% fall in net capital gains tax revenue. A £2.7b loss.
Welcome to the Laffer curve, suckers.
THE GREAT BRITISH EXODUS
The recent capital gains tax increase in the UK was expected to bring additional tax revenue.
Instead, high-net-worth individuals and families are leaving the country leading to an 18% fall in net capital gains tax revenue. A £2.7b loss.
Welcome to the… pic.twitter.com/btRB6l2N76
— Alex Recouso (@recouso) July 27, 2025