Let us say, I were to invest £20k from savings into a new building project which is desperate to raise monies for the construction process.
There are roughly four outcomes:
1) I make little or no profit.
2) I make a decent profit.
3) I make a hefty profit.
4) I lose a significant amount of my investment.
1) ... is more or less inconsequential.
2) I get hammered by capital gains tax.
3) I get hammered by capital gains tax.
4) I lose money and get none back from the government.
What kind of system robs you for CGT if you succeed but gives you nothing back to help if you have lost out?
Think about this. It reveals just how iniquitous this tax really is.
Why invest in the UK when you are punished for doing so?
Absolute fact. This kind of plundering money from investors curtails investment. Wanna know why our economy is not growing ...? Put your thinking cap on - it ain't too difficult to work out!
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