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One taxpayer reportedly paid as much UK tax as around 38,000 average workers combined. Now he’s moving to Greece. Billionaire hedge fund manager Chris Rokos—Britain’s third-highest individual taxpayer last year—reportedly paid approximately £330 million in UK tax. Greece offers qualifying new residents a very different proposition: a flat annual charge of €100,000 on foreign income for up to 15 years, subject to meeting its investment and eligibility conditions. To be clear, his departure does n
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Millions of households are doing it tough, while the banks profit on the housing crisis, and Labor is making it worse. Tax changes alone were never going to cut it. Labor needs to take on corporate greed in the housing market by taxing big corporations, build more public homes like Australia used to, and end grandfathering for wealthy property investors. Via @Barbara Pocock
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