Mick Jagger Says The Rolling Stones Had To Leave The UK Due To Financial Reasons
The Rolling Stones icon Mick Jagger opened up about their leaving the UK as a part of the BBC documentary series ‘My Life as a Rolling Stone.’ The musician also explained the reason behind their sudden departure by drawing attention to the high tax rates there.
The iconic rock group, the Rolling Stones, sold millions of records and hit the charts in the 60s, making them one of the milestone bands for the British Invasion and bringing their culture and music to the USA. However, those times were challenging for the band members; they owed too much money to the government after they couldn’t have enough to pay their taxes because of the expenses and management issues.
Therefore, they decided to leave the country before the authorities came for them, and the Rolling Stones members went to France. Their tax exile became a source of inspiration for them while they were spending time in the guitarist Keith Richards’ Villa Nellcôte, in Villefranche-sur-Mer, near Nice. Jagger, Richards, Mick Taylor, Bill Wyman, and Charlie Watts started working on their tenth British and twelfth American studio album named ‘Exile on Main St.’
Jagger recalled those times, saying that going to France was the only sensible solution for their financial problems and tax payments. The singer added that there was no one to manage their money during those times. Furthermore, the Rolling Stones dropped the record on May 12, 1972, which they created as runaway musicians who were being chased after by the British government, remaining as tax exiles for decades.
In Jagger’s words, he said:
“There was nobody actively managing the Rolling Stones’ money. The Rolling Stones had no money in the bank. I had to sort of try and put my head down; try and solve this puzzle to create income. We decided that the best way of doing that was to leave the UK because we’d have to pay less tax.”
You can check out the interview and album below.