Three-quarters of UK millionaires would be happy to pay more tax, research finds

"88% agreed with the statement I am proud to live in the UK, while 43% said the group they were most concerned about leaving Britain, in terms of impact, was doctors and other qualified health staff. Just 9% said they were most worried about millionaires moving abroad, while 19% named young people and another 19% put business owners as the biggest losses to the country."

"75% said they would be willing to pay more tax to ensure the social, cultural, and economic attributes that make them proud to live in the UK are properly funded, 64% also said the government should increase taxes on the capital and assets of the wealthiest individuals to reduce the tax burden on everyone else."

"Nine in 10 UK millionaires are proud to live in Britain and three-quarters would be willing to pay more tax to ensure public assets get the funding they need, according to research. Despite widely reported concerns that the wealthy are choosing to leave the country owing to higher taxes, the survey found millionaires were much more concerned about medical workers moving away than wealthy people emigrating."

"Phil White, a former business consultant and engineer and a founding member of Patriotic Millionaires UK, said: Millionaires like us know how lucky we are to live in the UK and, as this polling sh"

88% of UK millionaires said they are proud to live in the UK. Three-quarters said they would be willing to pay more tax to ensure social, cultural, and economic attributes are properly funded. 64% said the government should increase taxes on the capital and assets of the wealthiest individuals to reduce the tax burden on everyone else. Concerns about leaving Britain focused more on doctors and other qualified health staff, with 43% naming them as the biggest impact loss. Only 9% named millionaires moving abroad as the biggest concern. Other groups named included young people and business owners. The findings align with calls for higher taxes on ultra-wealthy individuals.

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