Tagged: laffer curve

UK Considering Backtrack on Non Dom Taxes as Wealthy Flee, Tax Revenue Declines

The Laffer Curve is alive and well. The economic theory is based on the fact that if people are taxed too much, they will eventually vote with their feet, thereby reducing the tax revenue that policymakers anticipated when raising taxes. It has been widely reported… Read More

Revolut Co-Founder, With an Estimated Worth Over $1 Billion, Worries that Affluent UK Talent to Flee Country as Tax Changes Loom

The UK is expected to make some major tax changes in the coming year to ostensibly fill the budget “black hole.” The new Labour government has messaged its intent to levy a higher tax on capital gains and remove the so-called “non-dom” status, which allows citizens… Read More

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