#BogusExodus
The “millionaire exodus” reported around the world DID NOT HAPPEN.

A new study from @taxjustice.net‬ reveals the “droves” of millionaires that media reported leaving countries represented near-0% of all millionaires.

#BogusExodus #TaxTheSuperRich #TaxTheirBillions
Millionaire exodus did not occur, study reveals | Tax Justice Network
30 news pieces a day in 2024 on non-existent exodus A millionaire exodus widely reported by news outlets around the world in 2024, and credited for the UK Labour government’s decision to weaken tax…
taxjustice.net
June 10, 2025 at 10:16 AM
"I mean it's worse than spin, isn't it? It's just incorrect."
@lbc.co.uk's Ian Payne reacting to our research today showing that the widely reported "millionaire exodus" did not happen.
#BogusExodus #TaxTheSuperRich @alexcobham.bsky.social
taxjustice.net/press/millio...
June 10, 2025 at 7:49 AM
Can you solve it?

There are 58,000,000 millionaires in the world
128,000 of them moved to another country, the news claims

Is this a "millionaire exodus"? 🤔

Many news outlets seemed to think so, so we've visualised the problem
#BogusExodus #TaxTheSuperRrich
bit.ly/3FLveZH
June 10, 2025 at 11:00 AM
“This is like a carpet salesman saying ‘everyone’s going out and changing their carpets.’ We really cannot take this as sensible news.”

Our member Julia Davies busting the millionaire exodus myth on @gbnewsonline.bsky.social

#BogusExodus #TaxTheSuperRich
June 26, 2025 at 9:06 AM
Cuando hablo de que necesitamos #TaxTheSuperRich, el primer argumento que sale es el de que los superricos se irían a otro país. Bueno, pues no es verdad. Las compas de @taxjustice.net @taxjusticeuk.bsky.social @patmillsuk.bsky.social lanzan hoy un informe sobre UK que lo demuestra. #BogusExodus
Just 0.2% of all millionaires moved to another country in 2024, but news outlets around the world spun this into a “millionaire exodus”. 11,000 news pieces were published in 2024 about an exodus that did not exist.
#BogusExodus #TaxTheSuperRich
bit.ly/43Al0EF
June 10, 2025 at 8:14 AM
The UK Labour gov't softened tax reforms on the superrich because of a widely reported “exodus” of millionaires fleeing the UK. A new investigation shows that the "exodus" was a complete fiction. #BogusExodus #TaxTheSuperRich taxjustice.net/press/millio...
June 10, 2025 at 8:17 AM
Patriotic Millionaires' Phil White features in this great documentary 'How to Fake an Exodus' made by @cityjournalism.bsky.social students Joe & Joe.

#BogusExodus #TaxTheSuperRich
How to fake an exodus
This was mine and Joe Morgan's final project for our MA in Broadcast Journalism at City, University of London
youtu.pulse.ly
September 22, 2025 at 4:19 PM
How many millionaires need to leave a country for it to be an "exodus"?

In 2021, Henley & Partners described 2000 millionaires leaving the UK as “insignificant” but in 2023 described 1600 millionaires leaving the UK an “exodus”.

#BogusExodus #TaxTheSuperRich taxjustice.net/press/millio...
June 11, 2025 at 7:33 AM
The UK gov't softened tax reforms on the super rich because of the widely reported “exodus” of millionaires fleeing the UK.

Our new investigation shows that "exodus" was a complete fiction. #BogusExodus #TaxTheSuperRich taxjustice.net/press/millio...
June 10, 2025 at 6:55 AM
“We’re very proud of this country, and we’re very happy to pay taxes” @stephenstroud.bsky.social on why he’s a patriotic millionaire and why many people like him want to live in the UK and have no plans to leave.

#BogusExodus #TaxTheSuperRich
June 11, 2025 at 9:04 AM
Here's what @patmillsuk.bsky.social member and legal consultant @stephenstroud.bsky.social has to say about new research out today debunking the "millionaire exodus" myth.
#BogusExodus #TaxTheSuperRich
June 10, 2025 at 1:00 PM
The millionaire exodus widely reported in the news is a complete fiction. This is "scaremongering", the @taxjusticeuk.bsky.social @fmohiuddin.bsky.social says and points out that most wealthy people do want to pay more tax.
#BogusExodus #TaxTheSuperRich
June 10, 2025 at 12:00 PM
Almost 100% of millionaires did not move to another country in 2024, but this was spun a full 180° into a "millionaire exodus" in news around the world. Our comms lead breaks downs the #BogusExodus.

Enough with the scare stories, it's time to #TaxTheSuperRich.
taxjustice.net/press/millio...
June 10, 2025 at 10:11 AM
The “millionaire exodus” reported around the world did not happen. Our new investigation reveals that the “droves” of millionaires that the media reported are leaving countries represented near-0% of all millionaires.
#BogusExodus #TaxTheSuperRich bit.ly/3FLveZH
Page not found - Tax Justice Network
The Tax Justice Network believes our tax and financial systems are our most powerful tools for creating a just society that gives equal weight to the needs of everyone.
bit.ly
June 10, 2025 at 6:00 AM
Did the "millionaire exodus" really happen?

No. Not even close.

But that didn’t stop news around the world from reporting it did. So we're not going to let it stop us either from visualising just how much it didn't happen.
#BogusExodus #TaxTheSuperRich
taxjustice.net/2025/06/10/t...
The "millionaire exodus" visualised - Tax Justice Network
Did the "millionaire exodus" really happen? No. Not even close. But we've visualised the problem if that helps clarify things.
taxjustice.net
June 10, 2025 at 6:00 PM
“We’re very proud of this country, and we’re very happy to pay taxes” @stephenstroud.bsky.social on why he’s a patriotic millionaire and why many people like him want to live in the UK and have no plans to leave.

#BogusExodus #TaxTheSuperRich
June 11, 2025 at 8:16 PM
Just 0.2% of all millionaires moved to another country in 2024, but news outlets around the world spun this into a “millionaire exodus”. 11,000 news pieces were published in 2024 about an exodus that did not exist.
#BogusExodus #TaxTheSuperRich
bit.ly/43Al0EF
June 10, 2025 at 7:00 AM
"Tax is our most powerful tool for creating more equal societies, but scare stories like these are used to talk down to people and to block positive change."
Our CEO @alexcobham.bsky.social on new research debunking the "millionaire exodus" myth.
#BogusExodus #TaxTheSuperRich
June 11, 2025 at 6:00 AM
The UK government softened tax reforms on the super-rich because of a widely reported “exodus” of millionaires fleeing the UK.

A new @taxjustice.net study shows that the "exodus" was a complete fiction 👀

Read more: taxjustice.net/press/millio...

#BogusExodus #TaxTheSuperRich #TaxTheirBillions
June 10, 2025 at 1:09 PM
Just 0.3% of UK millionaires moved to another country in 2024, but news outlets around the world spun this into a “millionaire exodus”. 11,000 news pieces were published globally about a millionaire exodus that did not exist. #BogusExodus #TaxTheSuperRich taxjustice.net/press/millio...
June 10, 2025 at 10:40 AM
Biggest losers of millionaires according to the Henley & Partners report...but put into perspective.

🇨🇳 15K = 0.3%
🇬🇧 9.5K = 0.3%
🇮🇳 4.3K = 0.5%
🇰🇷 1.2K = 0.1%
🇷🇺 1K = 0.3%
🇧🇷 800 = 0.2%
🇿🇦 600 = 0.7%
🇹🇼400 = 0.1%
🌍128K = 0.2%

#BogusExodus #TaxTheSuperRich
taxjustice.net/press/millio...
June 10, 2025 at 4:00 PM
Almost 100% of millionaires did not move to another country in 2024, but this was spun a full 180° into a "millionaire exodus" in news around the world. Our comms lead breaks downs the #BogusExodus.

Enough with the scare stories, it's time to #TaxTheSuperRich.
taxjustice.net/press/millio...
June 10, 2025 at 10:04 AM
The UK govt softened tax reforms on the superrich because of a widely reported “exodus” of millionaires fleeing the UK.

Our new study w/ @patmillsuk.bsky.social & @taxjusticeuk.bsky.social shows that the "exodus" was a complete fiction.

#BogusExodus #TaxTheSuperRich
taxjustice.net/press/millio...
Millionaire exodus did not occur, study reveals - Tax Justice Network
The number of millionaires widely reported in the news to be leaving countries in "exodus" represented near-0% of all millionaires.
taxjustice.net
June 10, 2025 at 9:01 AM