So It Was Just Another Dirty Con Trick...
News2 mins ago
... being more diligent in their pursuit of tax dodgers.
If tax evasion presents so much low hanging fruit why hasn't it been dealt with long ago?
No best answer has yet been selected by sandyRoe. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.The easy pickings have been taken.
The problem now becomes how to efficiently get the rest. It would be possible but needs a shake up of HMRC or at least a specialized task force.
Perhaps initially privatise it on the offer of a cut?
What one does have to watch out for is if you go after some people they simply move it abroad, so you then get 40% of zero. Labour fell for this many years ago in their pusuit of 90 odd % tax.
the biggest tax dodgers are corporations, especially huge foreign corporations, and are allowed to do it entirely legally by our supine government. companies like amazon, google, kraft, etc. own massive and increasing swathes of the UK economy and extract eye watering sums of wealth from this country every year while paying little or no tax on it. we have arranged our tax system to benefit these companies largely because the USA rakes in huge profits from its business in the UK and has instructed our government to look the other way.
angus hanton's book Vassal State covers this in detail. so long as our government is on its knees with its tongue out doing whatever America tells us then this problem is never going to get solved. the root cause is American imperialism.
untitled:"largely because the USA rakes in huge profits from its business in the UK and has instructed our government to look the other way. " - usual communist clap trap. USA does not instruct anything. The UK allows tax breaks because the corporations in question employ 100s of thousands of people. If you want to attract big employers you have to give them a reason to come here. The hammer and sickle thinking shines through all the time, untitled would rather have more unemployment that make our country attractive to large scale employers. What do you think all those employees do with their wages? They pay tax on it in the UK and then again on what they spend. Amazon et al are brobdingnagian contributers to the treasury.
France taxes them just fine and also doesn't let American private equity parasites buy everything. i think on this matter we have a lot to learn from their example. The reason we tax them lightly is not because they would leave otherwise (they wouldn't), it is because the USA lobbies our governments quite aggressively and our governments say "yes daddy".
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