To those who think they aren't leaving... they are.
The CEO of private jet company Luxaviation UK has told City AM he's seeing clients leave the UK due to high levels of tax. The firm that charters business travel for high net worth individuals says taxes on the super-rich are "low-hanging" fruit for governments. Read more on the wealth exodus at the link in the description 🔗 #uk #news #tax #politics #privatejettiktok #privatejetcharter

Nov 3, 2025 · 4:44 PM UTC

Replying to @MerrynSW
who cares
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If they aren't here to pay tax, someone else has to pay the tax.
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Replying to @MerrynSW
Counter-argument: we should carbon tax the ruinous consumption of ‘high net worth’ individuals to ensure they bear the full costs of their needlessly polluting lifestyle choices.
Replying to @MerrynSW
I wish people would have complained as much about the money printing, over easy monetary policy, and moral hazard over the last 2 or 3 decades as they are complaining now about its consequences.
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Replying to @MerrynSW
The people that say they aren't leaving, quickly pivot to saying ' good riddance' when proved wrong. you can't reason with these people
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Replying to @MerrynSW
I’m totally fine with the poorest paying more in taxes to offset this exodus of wealth because socialists should pay for socialism.
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Replying to @MerrynSW
Standard socialism 1. None of those negative outcomes will happen 2. They’re happening but they’re unimportant 3. They’re serious, but they’re welcome 4. We’re eating our own pets, and can’t leave, but at least now we’re all equal, yay!
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Replying to @MerrynSW
Oh no! They’re hoarding their wealth somewhere else and leaving all their fixed assets behind! What a calamity!
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Replying to @MerrynSW
FAO Gary economics ‘top trader’ who said none will Leave
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Replying to @MerrynSW
They’ll have nowhere to hide when the tax take data outs them #Labour
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NY should take note
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Replying to @MerrynSW
So your suggestion? Tax the poor?
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Replying to @MerrynSW
I have a friend who's a plane spotter and says many unscheduled learjets land at Leeds Bradford. I am sure that's not the chancellor coming back from Westminster
Replying to @MerrynSW
Trust me on this Merryn, let them break it… Getting to the solution is faster that way around…
Replying to @MerrynSW
Yeah they're all off to Frankfurt after Brexit which you and your City AM mates said would be great
Replying to @MerrynSW
x.com/ADectis/status/1946960… It is a very funny thing, because, the UK could make itself hugely attractive to the wealthy and industry by adopting a highly progressive consumption tax and abolishing all other national taxes like income, vat, inheritance, wealth, the literal lot. It is even funnier than that because those changes would increase economic output to such an extent the UK would gain a quadrillion pounds or two, over the next century. Link explains it all with highly defensible logic. Which politician will have the fortitude to admit how badly obsolete policy has injured the UK? Which will have the boldness to propose correcting it? Sooner or later one will, and their party might benefit, to a historical extent.
Replying to @ADectis
UNITED KINGDOM REENGINEERING The UNITED KINGDOM gains between 800 AND 1700 TRILLION POUNDS, over the next century, in inflation adjusted GDP, if the UK adopts PCT and CTS, according to grok 4. The range is from three runs of grok 4, which predicted .8 QUADRILLION POUNDS, 1.1 QUADRILLION POUNDS and 1.7 QUADRILLION POUNDS, respectively. These are the three grok runs: x.com/i/grok/share/G2MNrpVKM… x.com/i/grok/share/Pqjg18r44… x.com/i/grok/share/g3eg4jupV… PCT is an elegant progressive consumption tax only paid by the top forty percent of workers. The bottom sixty percent of workers pay nothing. All other national taxes are abolished. CTS is similar to tariffs but far better. It ignores actual trade and focuses on international capital flows, securitising them in a way that directly buttresses domestic production while disadvantaging imports, all with no cost to the treasury. Both PCT and CTS are defined in the paper in the first comment. Grok used this paper to answer the questions. The surprisingly large effect is the result of small annual gains compounded over a century. The range in estimates is due to a variation in the prediction of the small annual gains. So far all AI have predicted very large virtuous effects from these two simple changes. I encourage the reader to try their own AI or an open minded economist. The main point of this post is to emphasize that all estimates suggest a great positive effect. Precise predictions are impossible with chaotic systems, like economies. The important takeaway, besides the value of these two changes, is that we should conduct our affairs in a manner that optimizes GDP growth, because it has very beneficial long term effects. It is quite possible that our economy would be much larger if these two changes were made decades ago. ( On an unrelated but important note, I would like to add that even though I basically just sit around reading and trying to think of ways to make the world better, I was, surprisingly, secretly slandered by a USA stalk racket and those they paid well for the slander. The stalk racket has been following and poisoning me for over 28 years, with the full knowledge of the government and police, who feign ignorance, ignore complaints and arrest nobody. Is this the freedom and liberty so loudly advertised? The refusal of my government to do its job is infuriating. )
Replying to @MerrynSW
Another firm with skin in the game that you're giving free advertising to! Just like that Henley consultancy -are you getting a backhander too? or just monetising twitter?
Replying to @MerrynSW
They’re not he’s gaslighting Because this particular business is failing doesn’t equate to people leaving
Replying to @MerrynSW
Oh no
Replying to @MerrynSW
Anecdotes aren’t evidence.
Replying to @MerrynSW
Poor rich people. They have a hard time with all that money.
Replying to @MerrynSW
Are Labour ministers not picking up the slack at tax payers' expense?🤔
Replying to @MerrynSW
Private jet broker sees people leave the country - his business wouldn’t be very good if he didn’t 🤣🤣
Replying to @MerrynSW
The problem is that people on the left will just deny this is happening. They will just lie
Replying to @MerrynSW
👋 bye then
Replying to @MerrynSW
Good. let them go.
Replying to @MerrynSW
This must be a available via an FOI request to HMRC can someone please validate
Replying to @MerrynSW
They're about to hike even more taxes up, this gvmt's purposely trying to sink this country into a 3rd world hellhole. They need stopped immediately if Britain's to survive, do they think if they make it unbearable we'll run towards digital id.
Replying to @MerrynSW
Great, more opportunities for the rest of us. Once the great oak falls the saplings can grow towards the sun.
Replying to @MerrynSW
We’ve already seen big fish like Fredrickson and Platt go what we don’t see are the 100’s slipping away silently every week. I love my kids dearly, but would not advise them to stay here if an opportunity arose. It’s their future.
Replying to @MerrynSW
Oh wow that's an unarguable stat