Britain
after Brexit under the rule of Boris Johnson
Rule
Britannia, Britannia rule (tax)evasion
After
Britain already in the 18th century had left the idea of being self
supplying with the necessities of life for good, the following
concepts had first been "trade and produce" to pamper your
upper class, since changing to “produce and trade” in the 19th
century to be able to supply the world marked as well as your own
people for since World War II developing into” trade and stop
producing” as an industrial working class often gets obstructive habits when
the established upper class defends her inherited right to accumulate more
and more while leaving the plebs behind.
This third concept has triumphed ever since Margret Thatcher and as Britain already before her time had entered the EU, the British financial sector grew ever more important as it was capable to collect tax endangered money from all over the EU in an effective but discrete manner to avoid local taxation in the more restrictive continental economies.
https://research-api.cbs.dk/ws/portalfiles/portal/44583915/duncan_wigan_the_finance_curse_postprint.pdf
This third concept has triumphed ever since Margret Thatcher and as Britain already before her time had entered the EU, the British financial sector grew ever more important as it was capable to collect tax endangered money from all over the EU in an effective but discrete manner to avoid local taxation in the more restrictive continental economies.
https://research-api.cbs.dk/ws/portalfiles/portal/44583915/duncan_wigan_the_finance_curse_postprint.pdf
As
Britain already had several tax havens for its own citizens of more
substantial wealth and income, money came and comes to Britain to
disappear from the European continent and to leave behind nice profit
in British bank branches from Guernsey to Gibraltar all over to the
Cayman Islands. So why not after a no deal Brexit turn” The City”
into a tax haven – and let the rest of the Great Empire follow her
example?
Illustrations
from
https://www.taxjustice.net/2019/01/23/brexit-and-the-future-of-tax-havens/
https://www.taxjustice.net/2019/01/23/brexit-and-the-future-of-tax-havens/