LETTER: Tax hikes may turn out to be futile

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Revenue may be the same because of emigration

In my neck of the woods, since the July riots there has been a huge surge in emigration of young families, invariably high-skilled and high-earning.

I am interested to learn whether this trend is to be found countrywide, and if so what effect it will have on the personal income tax intake, especially as our tax base is so narrow.

 

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Futile to the fiscus but ultimately detrimental to taxpayers.

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