It is wrong that @HelyarMark is pushing the fallacy that any increase in the taxation of the wealthiest few will result in an instant armada of superyachts and private jets leaving Guernsey, plunging the rest of us back into the dark ages.

[thread] https://twitter.com/guernseypress/status/1339136029106827264

These are purely scare tactics. Of course the tax regime plays a part in Guernsey’s attractiveness but it’s far from the only factor.

There are many countries all across the globe which have lower tax regimes than Guernsey. If tax rates were the key factor in pull

Of moving somewhere then why isn’t Mongolia (with its 10% income and corporation tax rates) seeing mass immigration?

Migrants choose to move to Guernsey for its beaches, its culture and its people. If some leave after a tiny tax increase then they’re not really part of