Sounds like we need an Inheritance Tax just to slow down the influx of rats deserting sinking ships like the UK!
"Australia is the millionaires’ migration destination of choice for the third year running, according to a new report, with wealthy individuals lured by the country’s proximity to Asia, relative safety and no inheritance taxes.
About 10,000 high-net-worth individuals, with a personal wealth of US$1m or more, migrated to Australia in 2017 – mostly from China, India and the UK. …"
"... Countries that recorded a net deficit of millionaires – including the UK, which suffered a net loss of 4,000 millionaires in 2017 – should view it as a bad sign, …"
