Workingman wrote:In which Universe is 1% "sticking it" to the super rich? They will make it up on a few day's trading, and that's easier to do from London
The Cayman Islands and other places are just piggy banks to stash the cash. They do not have the draw of London with its culture, clubs, theatres, cinemas, exclusive shops, fine restaurants and other influential people.
1.1% was enough for them to move. It is one more tax layered on top of serveral others. So far it has cost Norway and it will continue to cost Norway.