Britain just put a personal tax agent on every billionaire with a UK tax footprint, and HMRC is now mapping their businesses, trusts and connections using data from other countries. The problem? Britain's wealthiest are already leaving. Patrick Bet-David breaks down why chasing billionaires out could leave the UK with a massive hole in its budget, and whether America could be next.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida. He currently resides in Ft. Lauderdale, Florida.