Uni
On Tue, 1 Feb 2005, Roland Perry wrote:
In message , at 18:53:19 on Tue,
1 Feb 2005, Ian Jelf remarked:
Hmmph. Would that really happen? I can't see professionals emigrating
in their tens of thousands to avoid a bit of tax ...
I can't verify this (and would be interested to see if anyone can) but
didn't something of that sort actually *happen* in the early seventies?
There was a well publicised "brain drain", mainly to the USA.
Ah yes, i've heard of that. It seems to have been in the 50s and early
60s, rather than the 70s. I'm not at all familiar with it, but i get the
impression that it was less to do with tax and more to do with the fact
that the austerity-era British economy, with technological industries in a
complete state, wasn't at all hospitable for scientists and engineers. I'd
really like to see some authoritative research on it; a bit of googling
doesn't turn much up.
But yes, it seems higher taxes could have repercussions i hadn't
considered.
tom
--
now you're under control and now you do what we told you
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