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Replying to Avatar Susie Violet

The UK is so screwed (as if we didn’t know)!

They slashed capital gains allowances to boost revenue. Instead, high earners left the country.

Receipts dropped by 18%. That’s a £2.7 billion shortfall!

Has no one in government heard of the Laffer Curve?

https://www.ft.com/content/8d8e1848-5a24-49a1-a695-2800345ff425

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PAKES 5mo ago

The don’t tax you for revenue

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