Paul L. Caron
Dean




Tuesday, April 28, 2009

Michael Caine on British Tax Rates: "At 51%, I'm Out of Here"

From the Telegraph:

His name, as they say, is Michael Caine. And he's not a happy bunny. The 76-year-old film star has revealed in colourful terms that he has had it, and will leave Britain if taxes get any higher.

"The Government has taken tax up to 50%, and if it goes to 51 I will be back in America," he said at the weekend. "We've got 3.5 million layabouts on benefits, and I'm 76, getting up at 6am to go to work to keep them. Let's get everybody back to work so we can save a couple of billion and cut tax, not keep sticking it up."

(Hat Tip: Andy Morriss, InstaPundit.)

https://taxprof.typepad.com/taxprof_blog/2009/04/michael-caine.html

Celebrity Tax Lore, News, Tax | Permalink

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Comments

The worldwide taxation of US citizens is the worst thing about US citizenship. Especially since they impose a wealth tax on you if you renounce your citizenship.
That means they can tax and tax and tax and the big earners of the US have no place to go ... or go and can never return.

Posted by: Borris | Apr 28, 2009 8:00:55 PM