Wealthy planning to emigrate if Miliband becomes chancellor

Contributing sentiments towards policy:

58% : They could include the equalisation of CGT with income tax, which has become a popular policy on Labour's soft-Left, and a new 50p top rate of income tax.
52% : David Lesperance, an international tax adviser to the super-rich, said his clients had begun to make plans to remove their assets from the UK, fearing higher rates of CGT and an exit tax to capture fleeing millionaires.
51% : Wealthy Britons are preparing to leave the country if Ed Miliband becomes chancellor and launches a new tax raid on the rich, The Telegraph can reveal.
51% : "My clients are concerned that, with the proclamations from both Andy Burnham and Ed Miliband, there will be a massive increase in CGT and possibly an exit tax as well," he said.
47% : Labour has previously been stung by the unexpected cost of its tax changes, including over the decision to impose VAT on private schools, which could cost up to £10bn, according to some Right-wing economists.
45% : Ultra-high net worth individuals based in the UK have contacted international tax advisers looking for a way to avoid the possible equalisation of capital gains tax with income tax in the first months of Andy Burnham's government.
45% : If Andy Burnham fails to rule out yet more tax rises, we are in for another summer of damaging speculation, which will see investors and wealth creators leaving the country.
44% : "Burnham and the people around him need to understand that they are already having an impact on our economy by talking up the prospect of a fresh tax raid, like the rumoured plan to raise capital gains tax.
41% : Although the incoming Labour leader has pledged to remain within the party's manifesto pledges on tax, including not to raise VAT, income tax or National Insurance, he is thought to be considering a range of changes to personal taxation.
41% : That could include a mansion tax, which Mr Miliband supported as Labour leader, in the form of higher rates of council tax for properties worth more than £1.5m. The equalisation of CGT with income tax has previously been rejected by the Treasury amid concern that it would end up raising less money than the current regime.
32% : But he has also been bullish on personal taxes, arguing that the "era of trickle-down economics" has failed the country and calling for higher taxation on wealth.

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