Day 755.1
Well, look how that worked out.. The UK added a 50% tax bracket for millionaires last year. Their number of million £ earners mysteriously dropped from 16,000 to 6,000.
Weird? It's almost like... People with money will take it where it's treated the best? I mean... Who would have ever guessed that would happen? Oh right... Every fiscal conservative ever.
And even more mysteriously, when they announced that the rate would drop back to 45% this year, and that 6,000 number astonishingly jumped back up to 10,000 people!
Weird, ain't it? I mean... People don't want to pay a shitload of taxes when they can just take their money elsewhere? I am amazed.
Oh, and the cherry on top of all of this.... Instead of ADDING revenue after the rich guy tax hike? Britain ended up bringing in £7 Billion LESS than before the tax increase.
LOL!
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