




| Relocation time |
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| Written by Alexander Ulrich |
| Wednesday, 16 December 2009 07:01 |
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In a previous blog I implied that those who are to be hit by the 50 percent super tax next year, would be likely to pay the tax for a year or so without taking any further measures. However, I am happy to admit that I was wrong and the reactions are already showing it. For example, the inter-dealer broker company Tullett Prebon has reacted rapidly on the government’s PBR and announced that they are willing to help employees relocate if they wish to get out of the hands of Her Majesty's revenues and customs. As reported in The Daily Telegraph, the core issue for people who wants to be relocated is the uncertainty that the British government is forcing on the private economy. |
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"There is no art which one government sooner learns of another than that of draining money from the pockets of the people."
The Wealth of Nations, Book V Chapter II Pt II
"What improves the circumstances of the greater part can never be regarded as an inconveniency to the whole. No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."
The Wealth of Nations, Book I Chapter VIII
The Adam Smith Institute is the UK’s leading libertarian think tank. It engineers policies to increase Britain’s economic competitiveness, inject choice into public services, and create a freer, more prosperous society. For more information, click here.