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20% 'Exit Tax' on Wealthy Britons Leaving UK: Reeves Plan

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9 minutes ago, Bday Prang said:

or a ban combined with a comprehensive deportation policy 


I like how you think my limey mate.  
 

Churchill would be appalled by what has become of his beloved Britain.

 

 

IMG_9003.jpeg

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  • henryford1958
    henryford1958

    The idiot might get some money initially through this scam but will probably lose money long term as wealthy people see the UK as not worth residence.

  • Things didn't come our way, we got off our arses to get them. But that we had the energy to do that, and Gens XYZ not, saddens me.

  • Rocky Sullivan
    Rocky Sullivan

    That shouldn’t affect the majority I come into contact with.

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Just now, Rocky Sullivan said:


I like how you think my limey mate.  
 

Churchill would be appalled by what has become of his beloved Britain.

 

 

IMG_9003.jpeg

How do you know......?  🤫

 

Now, Enoch would........🙂

19 minutes ago, transam said:

How do you know......?  🤫

 

Now, Enoch would........🙂


Ugh, OK 👍 

 

You didn’t like Churchill?

 

I’m unfamiliar with Enoch.  Explain yourself.

 

 

23 minutes ago, Rocky Sullivan said:


I like how you think my limey mate.  
 

Churchill would be appalled by what has become of his beloved Britain.

 

 

IMG_9003.jpeg

indeed he would , as would any right minded people, yesterdays mass stabbing on a london bound train will only strengthen our disgust, as usual details are vague,so we know enough already

7 hours ago, Bacon1 said:

To maintain fairness and symmetry,

 

Oh give it a rest already. 

 

Want to save money ?  How about scrapping ALL politicians expense claims. Just fill the corridors of parliament with bunk beds and build a few extra toilets. Sorted.

56 minutes ago, Peter Crow said:

there is only one secret:

 

Be born in the right year. 

 

 

 

53 minutes ago, Gaccha said:

 

Be born in the right year. 

 

 

 

Nahh just get on with the job of having a life..

 

Some guys are so bitter on wonders if they'll booboom much past the age of sixty.

2 hours ago, Gaccha said:

 

I put a giant screenshot of the reference in my first post: The Economist. 

 

Screenshot_20251102_102009_Opera.jpg.35127df3ecbbfb0c1eba32cf8c2f70f9.jpg

 

 

 

 

Your first post did not even mention "The Economist", which itself is not a comprehensive link, anyway. 

 

2 hours ago, Rocky Sullivan said:


Ugh, OK 👍 

 

You didn’t like Churchill?

 

I’m unfamiliar with Enoch.  Explain yourself.

 

 

Why do you think I don't like Churchill, yet another mistake from you.....🙄

 

Enoch was my own thought, where I am sure I am right, but discussing him with you is a no-no, it would be pointless.............😬

29 minutes ago, nauseus said:

Your first post did not even mention "The Economist", which itself is not a comprehensive link, anyway. 

The moderator has already responded to this accusation, pointing out that the reference was clear and easy to find.

52 minutes ago, Peter Crow said:

Some guys are so bitter

 

I'm not bitter. I'm simply concerned that you'll injure your back from patting it so strongly.

4 minutes ago, Gaccha said:

 

I'm not bitter. I'm simply concerned that you'll injure your back from patting it so strongly.

But knowing that everything you got you deserved makes you feel elated, you should try...

5 hours ago, Gaccha said:

 

Since 2012, pensioners' average incomes in the UK have been greater than the incomes of workers. The last group that needs any help is pensioners.

 

For the first time in their lives, Boomers are not seeing everything go their way, and you are shocked.

 

Screenshot_20251102_102009_Opera.jpg.b9ce2ff4f815ecde0a6102a91beff874.jpg

 

 

 

4 hours ago, Gaccha said:

 

They literally all came your way. And then you gamed the system in your favour. Let's run through your easy life:

 

1. House prices were peanuts as a ratio of your salary: 

 

Screenshot_20251102_110237_Grok.jpg.13229d13df934f24fc3b038dfa04a933.jpg

 

2. You then enjoyed high inflation which wiped out your house debt: 

 

Screenshot_20251102_110248_Grok.jpg.e27adc9a5dcda2018bad6ff15d31ccee.jpg

 

3. And then (!) you voted yourselves low taxes by wasting oil revenue on tax cuts instead of creating a long-term wealth fund, like the enormous Norwegian wealth fund:

 

Screenshot_20251102_110259_Grok.jpg.57e2a580a64ea906019c3e3c9f44272d.jpg

 

4. And this ignores you receiving final-salary pensions, something unknown in the private sector today.

 

This ridiculous Boomer thing; attacking a whole generation of people for economic decisions that were made by people born in generations before them i.e. Thatcher, Howe etc. 

 

Things are undoubtedly worse for the current generation but that's because of stagnant wage rises that haven't kept up with the housing price increases and the lack of new affordable properties. But it's much easier to blame pensioners who had no choice but live in the economic circumstances of the time, which everyone has to. 

 

This is serious stuff and important decisions have to be made, but just throwing your arms up and blaming one generation gets us nowhere. 

 

By the way, there's this misnomer that final-salary pensions were free money given away by companies. I worked for an international bank and I can assure you that banks do not give away any money for free. The pensions were part of your annual remuneration and were offset against your salary. In any case these were mostly abandoned in the eighties in favour of cheaper matched pensions.

 

 

 

47 minutes ago, Baht Simpson said:

just throwing your arms up and blaming one generation gets us nowhere. 

 

I was responding to a Boomer complaining at the lack of energy of younger generations. I was pointing out that he got lucky. I wasn't throwing up my hands.  

 

This Boomer ignorance that if the younger generation just stopped eating avocado toast and lattes then they would be in as cushy position has to be destroyed before a serious reckoning can begin.

 

47 minutes ago, Baht Simpson said:

it's much easier to blame pensioners who had no choice but live in the economic circumstances of the time

 

I very carefully explained that the Boomers voted for the economic policies that favoured themselves. When they were at peak earnings, they kept income tax low, when they reached their pensions, they voted for higher pensions. The point is they are part of a baby boom, giving them unusual voting bloc power. 

 

47 minutes ago, Baht Simpson said:

the lack of new affordable properties

 

... because of Boomer nimbyism. 

25 minutes ago, Gaccha said:

This Boomer ignorance that if the younger generation just stopped eating avocado toast and lattes then they would be in as cushy position has to be destroyed before a serious reckoning can begin.

 

 

I very carefully explained that the Boomers voted for the economic policies that favoured themselves. When they were at peak earnings, they kept income tax low, when they reached their pensions, they voted for higher pensions. The point is they are part of a baby boom, giving them unusual voting bloc power. 

 

 

... because of Boomer nimbyism. 

Lol. I've not heard the avocado toast thing. I think you'd find that less than 0.001% of boomers think that. Obviously something you've seen online. 

 

Every generation votes for economic policies that favour the country at that time.  Today's generation will vote for policies that favour themselves too. To think otherwise is naive in the extreme. 

 

I had this conversation with a lad on Reddit. He seemed to think that boomers were deliberately trying to sabotage future generations. This just wasn't the case. People were just trying to get on the housing ladder, like people are today. It was expected that house prices would increase to give investment value and that there would be commensurate increases in salaries.  Prices increased but salaries stalled for whatever reasons. With AI/automation looming there will be fewer jobs which will compound the situation. It's not looking bright. 

 

Blaming the boomers will get you nowhere. It's too easy and just lazy.

 

 

1 hour ago, Baht Simpson said:

Blaming the boomers will get you nowhere. It's too easy and just lazy.

 

How many times do I have to keep repeating this point: I initiated my posts because there was an ignorant Boomer claiming younger generations laziness explained why they did not have such a cushy life mapped out as the Boomers. 

 

I am precisely trying to stop lazy explanations. 

 

When the Boomer responded by claiming that it had nothing to do with the Boomers and they should not be blamed, I delicately explained that they very much rigged this situation in their favour. 

 

As you correctly point out, each generation is likely to want the scale tipped to favour themselves, but the key point is the Boomers are an unusually large bloc (they are a baby boom), so they are unusually blameworthy for tipping the scale far too far.

 

I can understand your desire to wash your bloodied hands, but we need to establish who is to blame so we know who has to pay the consequences.

 

Those Boomer pensions and those Boomer ill-gotten unrealised property profits look very juicy for His Majesty's revenue inspectors and Ms Reeves' balance sheet. 

Whether it's England or the EU, it's a big mafia gang and they'll do anything to extort money from the population, especially if you want to escape those mafia practices. They're scoundrels.

1 hour ago, Gaccha said:

Those Boomer pensions and those Boomer ill-gotten unrealised property profits look very juicy for His Majesty's revenue inspectors and Ms Reeves' balance sheet. 

So that's your answer, rob peoples pensions. 

 

If you're looking for blame you might start with governments that promote self-ownership to the detriment of affordable social housing. Developers and agents who push up house prices so they can sell luxury properties at a premium. Landlords with massive portfolios who inflate the price of properties for selfish gain. Buy to let jockeys who soak up much needed housing. Investors in housing stocks who demand ever increasing dividends. Foreign speculators and now large conglomerates investing in huge property folios for tax advantages. 

 

But no, the fault is a boomer who has paid off a mortgage over 25-30 years and contributed to a pension similarly. 

 

If you don't address the real causes and just blame a whole generation nothing will ever improve. Even if you robbed pensioners it's only a temporary fix anyway. We'll all be gone soon leaving all our bloodied (sic) assets to your generation. 

 

 

 

 

 

 

 

16 hours ago, daveAustin said:

This coming from the tax-dodging chancellor! You can’t make this S up! Hilarious. Get out quick, lads. That place is proper *deleted*

 

14 hours ago, daveAustin said:

Ay up, the pauper boomers are in the house lol…

 

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😂

 

What tax has Reeves avoided?

 

I'm pre-empt a reply about not initially paying a licence fee for renting out her house. This is not tax dodging. Also does anyone seriously think that Reeves would jepodise her political career to avoid paying £900.

 

This is why I - and possibly others - gave your post a thumbs-down.

10 hours ago, connda said:

The trick to that is attempting to collect.  If you're that wealthy, you can find ways to avoid the tax.  In the meanwhile, the UK loses more of its "wealthy" folks (good riddance). 

 

Jealous? Envious of those who have worked hard to  build their assets and who made  the life choices to get there? 

The UK government will plunge the UK into a catastrophic  recession and kill all incentive to work and to invest in the country.

 

16 hours ago, TedG said:

Bloated western governments are searching the  couches for coins.

 

Bloated? No .It is a nation with a core part of the population who do not work, nor contribute to the nation. The small number of taxpayers are forced to support them. That's what the UK  refuses to acknowledge. It is a nation where laziness and criminality is rewarded.

 

 

13 hours ago, TedG said:

In the USA the early boomers and the pre boomers are leaving a mess for the young kids 

 

True, but not all boomers. I think the party was ending for those born in the late 1950's and later. The sweet spot for grabbing  all the benefits of the post war era was 1948-1958. The post 1960's generation lived through some rough times in 1973-75, 1980-82, 1990-91.   

8 hours ago, transam said:

Why do you think I don't like Churchill, yet another mistake from you.....🙄

 

Enoch was my own thought, where I am sure I am right, but discussing him with you is a no-no, it would be pointless.............😬


So Enoch is the imaginary leprechaun ☘️ who you talk to during your walks in the garden.

 

Got it?

 

Does he have a brother by the name of Dolf?

18 minutes ago, Rocky Sullivan said:

So Enoch is the imaginary leprechaun ☘️ who you talk to during your walks in the garden.

 

Not to be confused with E-dok Powell, his pole dancing niece - her friends call her Nok. 

12 hours ago, connda said:

The trick to that is attempting to collect.  If you're that wealthy, you can find ways to avoid the tax.  In the meanwhile, the UK loses more of its "wealthy" folks (good riddance). 


“UK loses more of it’s “wealthy “ folks (good riddance)”

 

I love listening to the have nots complaining about the haves.  
 

Thailand classifies me as a Wealthy Pensioner.  Don’t hate me over money…lol

 

 

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8 hours ago, Rocky Sullivan said:


So Enoch is the imaginary leprechaun ☘️ who you talk to during your walks in the garden.

 

Got it?

 

Does he have a brother by the name of Dolf?

Dolf, well we did have a member here named Dolf, or was it Dorf, still here under a different username, sadly...:saai:

 

Regarding Enoch, Monte, just google it, you will soon see the connection, and, give you something useful to do..............😉

11 minutes ago, transam said:

Dolf, well we did have a member here named Dolf, or was it Dorf, still here under a different username, sadly...:saai:

 

Regarding Enoch, Monte, just google it, you will soon see the connection, and, give you something useful to do..............😉


Sorry, I don’t believe in the imaginary leprechauns you chat with.

 

No need for any search.

20 hours ago, Peter Crow said:

Whinge, whinge, whinge, there is only one secret: get a job, be the best and keep it...

Gods honest truth, when I last ran a crew of youngsters my speech was "he who shows up everyday on time and does his job" get a bonus.

 

We only paid about 1/3 of them.

 

 

9 minutes ago, Rocky Sullivan said:


Sorry, I don’t believe in the imaginary leprechauns you chat with.

 

No need for any search.

Then you crack on, stay in your usual know nothing state, Monte, pearls and all..............😘....🤭

21 hours ago, connda said:

The trick to that is attempting to collect.  If you're that wealthy, you can find ways to avoid the tax.  In the meanwhile, the UK loses more of its "wealthy" folks (good riddance). 

 

Why would you say "good riddance" to wealthy people?

 

Who do you think is going to pay for your beloved immigrants and benefits scroungers when all the wealthy people leave.

 

It's like kicking the bloke who's paying for all the drinks out of the pub because you envy his success. It's sixth form stuff, the politics of envy. 

 

Maybe if you took all that negative energy and applied it properly you could gain more wealth too?

 

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