Punitive taxes on productive people backfire fast.
High taxes and policy changes driving millionaire emigration.
£6bn income tax lost in 2025 from departing wealthy.
That equals what 725,000 normal taxpayers pay.
Middle class now picks up the extra bill.
Similar pattern across high-tax European countries.
Let’s take the UK as an example. The income tax lost there due to millionaires and billionaires emigrating in 2025 amounts to about £6bn. The average taxpayer paid £8,270.
Just in 2025 the UK lost tax equivalent of 725,000 people, who will need to pick up the bill now.
Got it? https://t.co/XOi26JCuWK
— Michael A. Arouet (@MichaelAArouet) July 7, 2026
Already happening. Where do you get your news from? https://t.co/BG5caaFK6z
— Michael A. Arouet (@MichaelAArouet) July 7, 2026