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Odd system, it is odd because it rewards them for keeping their money outside the uk, which we think is the opposite of what we should do. What has changed with that . What has changed with that . What has changed is that any weird concept of domicile has been abolished, there will be a simple definition based on how many years you have been resident in the uk, which is sensible, and a complete exemption from tax on the foreign assets of someone who has recently arrived in the uk, which is simpler, and i think federer. It will only last forfour years. For a last for four years. For a professio...

So-called fiscal cliff it may soon feel like we are stuck in a fiscal re-run as we wrap our heads around the next set of economic complexities that we are facing, debt ceiling and need for revenue and spending reform and spending cuts, and while we agree that changes must be made, we differ on what needs to change. but let's be clear what is at stake, because entitlements and social insurance have been a long tradition in america. in 1945, franklin d. roosevelt signed the social security act, and before that point, elderly americans did not have the money to support themselves, and only 3% wer...