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Many foreign property owners work in the City of London and are encouraged to bring their expertise and earning power to this country because of the favourable capital tax environment. Attacking their property profit may encourage some to leave, but it would certainly deter others from coming in the first place.
Jacob Rees-Mogg
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"Many foreign property owners work in the City of London and are encouraged to bring their expertise and earning power to this country because of the favourable capital tax environment. Attacking their property profit may encourage some to leave, but it would certainly deter others from coming in the first place."
— Jacob Rees-Mogg #moneywealth

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Many foreign property owners work in the City of London and are encouraged to bring their expe…

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Many foreign property owners work in the City of London and are encouraged to bring their expertise and earning power to this country because of the favourable capital tax environment. Attacking their property profit may encourage some to leave, but it would certainly deter others from coming in the first place. — Jacob Rees-Mogg

About Jacob Rees-Mogg

Jacob Rees-Mogg was a Politician from United Kingdom (1969–present).

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Frequently Asked Questions

Who said "Many foreign property owners work in the City of London and are encouraged to b…"?
This quote is attributed to Jacob Rees-Mogg, a Politician from United Kingdom.
When did Jacob Rees-Mogg live?
Jacob Rees-Mogg lived from 1969 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.