When Higher Taxes Yields Less Revenue: The United Kindom Edition..

Socialists are a strange species, they always make the same mistake and are surprised that the result is always the same. They naively assume that higher tax rates mean higher tax revenues.

Why don’t you introduce a wealth tax next and watch even more entrepreneurs leaving? pic.twitter.com/GRJ8m1U8L5

— Michael A. Arouet (@MichaelAArouet) October 26, 2025