Farmer Saint

Again, where is the billions in tax revenue? I've asked but you've given nothing apart from something about non-doms (and that's for non-dom tax which was introduced by Labour) - and not all of them are billionaires (very few looking at the average tax bill). For this to be a loss, you have to compare pre-non-dom tax to what is lost when they leave, so nothing to nothing.

You carry on buddy - everybody is sat back, reading your posts, grimacing.

You are clearly way out of your depth here. If I were you I'd go away, do some actual research, and come back with a better formed argument so we can debate this properly. You're embarrassing yourself.

The issue is the example he gave had people who's businesses were overseas, so it could only be income that they were taxed on.

No, it doesn't, as wealth is very difficult to just "move". These aren't salaried individuals.

But they don't have businesses here, that was the point of the above list. Income tax at £120k per non-dom. That is an average salary of about £300k per year. To have £1bn, they would have to work for 5500 years. These billionaires are very hard workers. Look, I think you realise as well as we do how poorly you've done over this last couple of pages. If you delete your above post then we can forget about this clusterfuck of a debate and I won't remind you of it again.

That's indirect tax, come on, keep up. If that's what your argument is then that's very, very poor. I will ask for the third time:

Why the insult - I haven't insulted you? In general, yes, out of that list above - that's why they're all moving to 0% tax countries. The Mittels weren't paying any tax. The fact 70% on that list weren't from the UK, and with businesses abroad, means they were using non-dom status. So, as I asked above:

Not sure you understand the definition of the word "fact".

No, my argument is they pay no or very little tax here, so the tax receipts that you were losing your mind on above is very low.

You said Tax Receipts. What tax receipts?

I'm confused, he explicitly called out the loss of tax receipts on £160bn of wealth, but then can't tell us how much roughly that equates to.

Most of their businesses aren't based in the UK though - so they're not creating anything here.

How much tax are we losing per year from these individuals? What would you propose to make them stay?

Because they don't want to pay tax. So if they don't want to pay tax, how do you stop them? And what's the point if we offer them 0% tax?

Exact public figures for the total cumulative tax paid in the UK by steel billionaire Lakshmi Mittal and his family are not publicly available. Key facts regarding his UK tax status and contributions include: Non-Dom Status: For most of his nearly 30-year residency in London (starting in 1995), Lakshmi Mittal claimed non-domiciled (non-dom) status. Remittance-Based Tax: Under the historical non-dom rules, he paid UK taxes on income and capital earned inside the UK, plus a fixed annual remittance charge (historically ranging from £30,000 to £60,000 depending on the length of residency). However, he was legally exempt from paying UK tax on his massive global income and overseas dividends—such as a reported £393.9 million dividend from ArcelorMittal in 2012. So with this in mind, how much are we actually losing?

Quick question, how many are from the UK, and how many have moved to countries where they pay any taxes? IE Would they only stay if they paid next to no or no taxes. How do you compete with 0% tax? Also, how many actually paid tax here, or were they using the non-dom tax rules to avoid tax? I actually know Troels by the way (and his son), and he moved due to family reasons - if you know the tragedy in their family you wouldn't be questioning anything about their motives to move. We shouldn't be allowing the US to house their bombers here anyway.

I think the problem is that you can't criticise a party for anything racist and then support parties where the leader, multiple MPs and Councillors have been caught being racist. It smacks of virtue signalling, even though it may not be.

Ha, yep, you'll need to be quick. I would also worry about long term support for Chinese cars as well (maybe not BYD quite as much). Drive like crap as well, but that only matters if you're into cars.

Import taxes to be imposed on Chinese vehicles, to align us more with Europe ahead of closer economic relations. Good.

I wouldn't start this with Reform and Restore on the ballot.

Badum, ching.

Oof, I hate what Israel's leaders have done in Gaza, and I think they are war criminals and genocidal maniacs, but this is too far.

Sorry mate, didn't mean to scare you. I'll bear that in mind next time I use bad language.

I asked you a question. You couldn't answer it. Classic right winger.