The don’t tax you for revenue
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
Discussion
No replies yet.