#wealth-flight

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#uk-budget #tax-increases #fiscal-drag #exit-tax #capital-gains #uk-competitiveness #zohran-mamdani #andrew-cuomo
UK politics
fromBusiness Matters
1 month ago

Reeves' 'exit tax' plan branded "reckless and self-defeating" by leading wealth adviser

A proposed 20% exit tax on wealthy individuals leaving the UK could drive away entrepreneurs and investors, undermining investment and national competitiveness.
New York City
fromDefector
1 month ago

Let's Check In With People Who Threatened To Leave Zohran Mamdani's NYC | Defector

Wealthy New Yorkers threatened to flee or relocate businesses in response to Zohran Mamdani's win and policy proposals, though many threats lacked follow-through.
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