Survivefrance iconSurvivefranceSep 8, 2026 ~1 min source read

We lost another one…

If someone pays millions in tax, employs people, invests in businesses and spends money in the UK, losing them doesn't punish them, it potentially leaves everyone else having to make up some of the difference. I question that if anyone who has a successful UK business, and objects to paying UK income tax and departs, would close their business?

We lost another one…

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Useful takeaways from this story.

If someone pays millions in tax, employs people, invests in businesses and spends money in the UK, losing them doesn't punish them, it potentially leaves everyone else having to make up some of the difference.

I question that if anyone who has a successful UK business, and objects to paying UK income tax and departs, would close their business?

There is a strong case for taxing multi-national companies on the business they do inside countries they are not registered in.

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The useful part

If someone pays millions in tax, employs people, invests in businesses and spends money in the UK, losing them doesn't punish them, it potentially leaves everyone else having to make up some of the difference. I question that if anyone who has a successful UK business, and objects to paying UK income tax and departs, would close their business? There is a strong case for taxing multi-national companies on the business they do inside countries they are not registered in.

How it works

  • When shares in Limited Liability Companies were first introduced it was to allow wealthy individuals to invest in companies, rather than stuff mattresses with banknotes.
  • Now those shares are being used as means to generate wealth by lightning fast trades.
  • Companies can be shut down and people put on the dole by traders who turn a good profit by doing so.
  • https://blogs.lse.ac.uk/inequalities/2024/10/29/the-uks-wealth-gap-has-grown-by-50-in-eight-years./ And to be clear, I hope, I firmly believe in the old adage:

Details worth keeping

That is businesses, not individuals of course. It appears that Rokos made his money in clever playing of the markets.

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