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A comment on The U.K. closed a tax loophole for the global rich, now they're fleeing. Parent comment

Re:The U.K. closed a tax loophole for the global rich, now t... by fmajid on Saturday July 19, 2025 @08:11PM (#44620690)
That Socialist hotspot, Texas, taxes property at 1.8%, vs. 0% in the UK. Can't inconvenience the feudal aristocracy (i.e. parasites descended from thugs), starting with Chuck von Battenberg, Sachsen, Coburg und Gotha.
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Re:The U.K. closed a tax loophole for the global rich, now t... by nebula8804 on Sunday July 20, 2025 @03:33AM (#44622779)
Yeah but they have No Income tax right?
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Re:The U.K. closed a tax loophole for the global rich, now t... by const_cast on Sunday July 20, 2025 @03:00PM (#44628235)
No, Texas residents pay income tax to the federal government. On a state level, yes, there is no income tax.

However, the tax burden in Texas is not significantly lower than a state like California.

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Re:The U.K. closed a tax loophole for the global rich, now t... by ojhughes on Sunday July 20, 2025 @09:00AM (#44624807)
The UK has council tax, which is quite similar to a property tax
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Re:The U.K. closed a tax loophole for the global rich, now t... by fmajid on Sunday July 20, 2025 @06:10PM (#44629809)
It's capped. The Duke of Westminster is not paying 1.8% on his substantial feudal holdings in London.
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