Indian-origin steel industry tycoon Lakshmi Mittal has left the UK and now lives in Switzerland, the Sunday Times reported, blaming the inheritance tax of the Labor government for a mass exodus of the richest. Chancellor Rachel Reeves who is expected to impose another tax rise in her upcoming budget, axed the non-dom status in April. The system allowed wealthy people living in the UK to pay tax only on income made in the country -- not from offshore earnings. The report quoted one of Mittal's advisers who said many wealthy people living in the UK are in a fix as to why they should pay tax to the UK government for their assets elsewhere in the world. “The issue was inheritance tax. Many wealthy people from overseas cannot understand why all of their assets, wherever they are in the w

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