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Keyword: socalledhardmoney

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  • Incentives Matter: Britain Is Raising Taxes, and the Productive Are Fleeing

    09/01/2024 8:18:54 PM PDT · by SeekAndFind · 13 replies
    Red State ^ | 09/01/2024 | Ward Clark
    One unshakable law of economics is this: What you reward, you get more of, and what you tax, you get less of. The government of the formerly Great Britain doesn't seem to understand this fundamental law. They are proposing to hike taxes and fees, and high-income and wealthy (which are not always the same thing) Brits are looking to the exits. We can hardly blame them.An exodus is being reported by bankers, financial advisers and business chiefs with experts warning that the Chancellor risks ruining hopes of faster economic growth with a widely expected increase in capital gains tax (CGT).It...