Daily Mail Online has covered David’s response to the UK’s recent tax changes, including the scrapping of the non-dom regime and increased capital gains tax, calling them “strange and stupid” decisions that are driving wealth and investment out of the country.
He argues that the ultra-wealthy are being pushed to friendlier environments like Dubai and the US, where taxes are lower and the lifestyle is just as attractive – warning that the UK is underestimating the economic impact of losing this group.
"People will turn their back on their own country and move away and that is never good. You need these wealthy people and their business - they're spending money, buying cars, houses and apartments and now they will take it elsewhere."
David von Rosen
David believes that instead of punishing success, the UK should be encouraging investment, entrepreneurship, and job creation, all of which depend on attracting global talent and capital.
He has called on the government to rethink these policies before the damage becomes irreversible.
Read the full article here.
