A blog on how multinational companies can be taxed, so all can benefit from their vast profits, not just the 1%. Something for UK’s politicians to consider as their New Year resolution?
An article about today’s Autumn budget, which is another attack on the vulnerable in our society. It is also a budget which promotes more gas-powered power stations, road building, increased dependence on fossil fuels and advocates the exploitation of shale-gas (fracking). All of which will have a further detrimental impact on the vulnerable and help accelerate climate change.
I have posted before, that the UK, especially the City of London Corporation is the biggest Tax Haven in the World. Our political elite, Labour and Conservative constantly tell us they cannot tax the rich because the financial sector would leave this country. They also tell us, it is unfair to tax the rich, because success should be rewarded. But we know, they have only been successful by acting in a criminal way and evading tax. That, money will trickle down, but for generations we have seen the reverse. The article below gives some answer, you can use in reply to the nonsense being peddled by the political elite.
Ripped-off Britons: Key political fibs, and some tips on how to refute them.
You can send a message by signing the following petition, asking for a reform of the banking sector:
The papers are full of stories of how the Conservatives are going to cut benefits, claiming tax-payers are sick of paying for the work-shy. Most of those who are on benefits have no choice, there is no paid work for them. The way the Economy is modelled, does not take account of those who do unpaid work, such as housewives and those who care for relatives. We are going back to the times of Dickens, were the poor were thought to have brought on themselves and deserved punishment. Whilst the rich fleece each other in a very corrupt business world.
I wonder, are those who are in employment and earn more than the average wage, will continue to receive child benefits, even though they do not need it? The cuts are supposed to be in the region of £10 billion but the Government is taking about spending £70 billion of a Trident missile program replacement, not mentioned in the papers.
And of course this ‘Green’ Governments commitment towards renewable energy, which has seen the Chancellor talk about tax-breaks for ‘fracking’. Has disillusioned major energy companies, who are now talking not investing in the UK.
Our elected leaders, Conservative, Liberal-Democrats and Labour vilify those on benefits, whilst the Green Party campaigns for a ‘people’s wage’ and a ‘Robin Hood Tax’. The three main parties refuse to tackle the real problem, tax-havens and tax avoidance by the rich. Below are some links to more information on the subject of tax-havens and avoidance and the massive loss of revenue to the UK which pales into insignificance ‘benefit fraud’:
A pod-cast about tax avoidance via tax havens such as the UK. It explains quite simply how large corporations avoid paying tax and point out the UK is one of the largest tax havens.