💨 Abstract

Nigel Farage's Reform party proposes the "Britannia card," a scheme allowing wealthy foreigners and expats to avoid tax on foreign income, capital gains, and inheritance tax with a one-time £250,000 payment. This money would be redistributed to the lowest-paid UK workers, potentially boosting 2.5 million incomes. Critics argue it may lead to reduced tax revenues and higher taxes for working families.

Courtesy: Craig Munro