Despite concerns super-rich are leaving due to tax burdens, 88% of those surveyed were proud to live in UK and would pay more to fund public services
Nine in 10 UK millionaires are proud to live in Britain and three-quarters would be willing to pay more tax to ensure public assets get the funding they need, according to research.
Despite widely reported concerns that the wealthy are choosing to leave the country owing to higher taxes, the survey found millionaires were much more concerned about medical workers moving away than wealthy people emigrating.
Interesting that 88% of millionaires are proud to live in the UK—I guess the Daily Mail’s ‘exodus’ narrative is overblown.
If 75% would pay more tax for public services, why not just do it voluntarily? There are plenty of charitable trusts they could donate to.
It’s reassuring that millionaires care more about NHS staff leaving than about rich people emigrating. Shows they value what keeps the country running.
This survey only interviewed 1,000 millionaires—I’d bet the ones who already left weren’t included. Skews the results.
I’m a doctor and I see the strain on the NHS every day. If the wealthy are willing to pay more, I say let them—we need the funding.
The fact that 88% are proud to live here is great, but actions speak louder than words. Let’s see if they actually support a wealth tax when it’s proposed.
Export-oriented economies are particularly exposed to shifts in global demand. (229aeb)
Globalisation isn’t dead but it’s definitely evolving into something different. (2ec027)