The level of taxation, could cause us to spiral into recession very quickly. It isn't just here either.
Why are millionaires leaving the UK?
The UK tax burden is at record levels, making living in the country less appealing to those with lots of wealth.

Frozen tax thresholds have created fiscal drag, hitting people’s earnings.

People earning above £125,140, face a 45% income tax rate, while the personal allowance is reduced by £1 for every £2 you earn above £100,000.

Meanwhile, those who take income from dividends have seen the allowance cut from £1,000 to £500 since April 2024, while it was £5,000 when first introduced in 2016.

Capital gains allowances have also halved since April to £3,000.

Both the Conservative Party and Labour have pledged to scrap non-dom status, while those who want to invest in areas such as property from overseas face higher stamp duty rates.

There are also additional worries about Labour adding VAT to private school fees and there are concerns that it may raise capital gains tax.
When they all bugger off with the money, who's paying the benefits/ NHS/ Asylum bills.