05-11-2015, 03:47 AM
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Confirmed User
Industry Role:
Join Date: Feb 2007
Posts: 6,904
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Quote:
Originally Posted by Shap
Make no mistake the majority of people on non dom are here because of the tax situation. You remove it and 90% are gone. You may say GREAT leave the UK we want a level playing field and they can leave if they aren't going to pay tax. But those same people are buying million pound homes, spending big dollars in restaurants and stores. Remove them from the economy and watch the unemployment rate sore and the establishments throughout the core of london struggle and maybe even shut down.
I agree Non doms do not contribute their fair share if you are comparing contribution as a percentage of wealth/income. But I would venture to say the average non dom contributes double what the average person contributes to the UK economy as a whole (tax plus economical benefit for the UK).
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