
Originally Posted by
Lasterman
It's perfectly legal to live outside of the UK, pay taxes elsewhere, and still spend a significant amount of time here. I think it's about 90 days. So if the government are going to ask you for an amount of tax you consider unfair you'll simply move, use private jets to bob in and out, and the exchequer gets nowt.
It's also perfectly legal to hold money and investments offshore. There's no question of hiding anything or it being hard to trace. Unless or until the funds and investments are repatriated there's no tax to pay.
The bottom line is that Corbyn is living in cloud cuckoo land. The super-wealthy, who number about 32,000 individuals and contribute 12% to the tax take, aren't mugs. Squeeze them too hard and they will leave. If they do, we're screwed.