Tax Havens

Yes .jen, I don't think there will any move by Cameron , affect too many Tory donors

Have you read the response, Annie, which went on after I posted that link?
It might be true.

No Jen,

www.taxresearch.org.uk/Blog/2016/04/28/end-uk-tax-havenss-role-in-global-corruption-charities-and-campaigners-urge-david-cameron/

Do you think it will work?

dj, I was reading about that earlier today (yesterday) while looking up some information about wealth distribution (got sidetracked from finding out about immigrants' wealth, but I'll post what I found out later). The IFS's publications are heavy going, but the gist of the paper I was reading is that they couldn't include the top 1% in their calculations, because it was impossible for HMRC to find out how much they're worth. It's very possible that the top 1% are worth 10s or 100s times more than the top of the next 99%. Frighteningly, these are people who are pulling politicians' strings and, even more frighteningly, are passing this wealth on to future generations of their families, so the situation will get worse. It is impossible for people to earn that kind of money by working. We are returning to the MIddle Ages.

There's also a very interesting course on (in)equality on FutureLearn.

www.taxresearch.org.uk/Blog/2016/04/25/the-price-of-honestly-telling-what-is-going-on-is-prosecution/

This is why the person who leaked the Panama papers should not be found.

About PwC, and the whistleblower being in court.
I hope he gets a chance to mention a few names.

www.taxresearch.org.uk/Blog/2016/04/20/hmrc-to-turn-a-blind-eye-to-inheritance-tax-abuse/

This really is a sick joke.
The IFS thinks it is wrong. How can they check up on the top 1% if they do not collect statistical information?

www.thecanary.co/2016/04/15/osbornes-hammer-blow-tax-havens-joke-parliament-vote-proves/

Osborne's plans for tax havens mean that the taskforce will report to Osborne, Cameron and the Home Secretary. All the Tories voted against an independent enquiry.
This is democracy? What a laugh - all the way to the next tax haven.

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What do you mean by 'can't democracy decide anything theses days'?

HMRC have got some of the papers, but it's stupid just handing over the lot as HMRC have not shown they will do anything with the information they already have.
Surely you remember the HSBC papers which were handed to French, Swiss and UK tax officials.
Most of the fraud was committed in the UK, but Swiss and French authorities took more to court than we did. Only one person has been jailed for that fraud.

Already the FT is saying that prosecutions are unlikely.
next.ft.com/content/a277646c-0091-11e6-ac98-3c15a1aa2e62

So the newspapers would be better off printing everything they have instead of just having things made secret again by HMRC.

Anyway, HMRC do not have enough staff to deal with it all.

Can't democracy decide anything theses days.

So Labour get in , petitions raised to get Corbyn out. Why do we bother.

Well I've signed dj for what good it will do but I fear there's a much more dismantling of society to be done by this Government before they're finished.

I believe I am correct in asking this question.

Why if the Panama Papers are ' all ' to do with denouncing tax havens and those who banked with MF are the hacked documents being refused by the Guardian, BBC to be handed over to HMRC. I would have thought the Guardian and BBC would relish the story going further.

It's a question I am sure I heard asked in Parliament as well as by the media.

Thanks! Signed..

Fingers crossed, gettingonabit.

petition.parliament.uk/petitions/122946/signatures/new

Have you seen this petition?

McDonnell's message was for Cameron to leave and take his party with him.
Getting rid of Cameron will not be enough.

It reminds me a bit of the Poll Tax demonstration. There were about 100,000 ppl there but the scale and peacefulness of it was massively underplayed.

It was the beginning of the end for Thatcher.

www.itv.com/news/update/2016-04-16/pms-morally-repugnant-handling-of-finances-comes-under-fire-in-poll/

Definitely more protests. It wasn't supposed to be a protest about dodgy Dave, but it was after the tax revelations.
I can't imagine anybody there saying that he didn't do anything wrong, really.

I notice that Mossack Fonseca's headquarters have been raided by police looking for more evidence.

Looking at the pictures, they didn't look like agitators - just normal people and there was no violence.

I wouldn't wager too much, harrigran.

ITV.com estimated that 150,000 people took part. It is notoriously difficult to accurately estimate such figures and there will always be discrepancies but I feel sure that opposition to this government's policies is growing and the protests will continue. In any event, it appears to have been a peaceful affair.

Yes, even the Guardian only estimated a crowd of 50,000.

Not 150,000, more like 50,000 and I would wager 50% of those will be agitators who love nothing better than a political gathering.

I daresay he is !!!!!!

The windsors were peaceful, all expenses paid trip to India why be any other , not fighting for their jobs , not put on contracts by the government as the junior doctors will be. William must be a happy bunny working zero hours contract hours , 20 hours a month yet no food banks for him

At least the Cambridges were peaceful?