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Tax Havens

(835 Posts)
whitewave Tue 05-Apr-16 08:38:06

We can't possibly let this slip by!

Tory on Radio 4 this morning arguing that we can't tackle the "treasure islands" that we have sovereignty over as it will lose people jobs!
I was astounded. So it is fine for the Steel workers to face penury but not those who help the wealthy to hide their money.

DC implicated - won't be long before GO is mentioned.

Jalima Fri 15-Apr-16 17:38:50

One may say that he is stupid for standing up and saying those things (well, he is, quite obviously), but how many of our MPs and others of all parties, walks of life, are doing and thinking the same but not voicing their opinions.

How many consider everyone who has not made themselves rich by evading paying their tax look on the rest of us as 'mugs - the so-called little people'.
Rather than the backbone of society who keep the country going.

Of course, many 'rich' people do pay their fair dues too.

durhamjen Fri 15-Apr-16 20:12:10

www.taxresearch.org.uk/Blog/2016/04/15/how-many-hmrc-tax-investigators-does-it-take-to-change-a-light-bulb/

durhamjen Sat 16-Apr-16 22:55:27

I said it would be a big demo.

www.independent.co.uk/news/uk/politics/anti-austerity-protest-50000-london-david-cameron-resignation-trafalgar-square-a6987276.html

POGS Sat 16-Apr-16 23:27:31

I think it's interesting to note there are 82 tax havens and countries of financial secrecy. listed on Wikipedia .

It can only be dealt with on a global basis.

durhamjen Sat 16-Apr-16 23:50:36

7 of them are UK tax havens. We can deal with our own and the rest of the world can follow.
Is that not what Cameron, Osborne and cronies always want us to be, world leaders in everything?

durhamjen Sat 16-Apr-16 23:54:12

Not forgetting the fact that the UK is the biggest tax haven of all.

www.ethicalconsumer.org/ethicalcampaigns/taxjusticecampaign/richardmurphycolumn/theukisnowataxhaven.aspx

Anniebach Sun 17-Apr-16 10:20:01

Tv news led all day with the windsors in India , two people sitting on a bench was more newsworthy than the demonstration by thousands of people ?

durhamjen Sun 17-Apr-16 10:24:21

When the BBC put it on the news it just said thousands.
I do not think thousands actually fairly describes 150,000 although it is linguistically correct.

durhamjen Sun 17-Apr-16 10:53:35

www.theweek.co.uk/62461/benefit-fraud-v-tax-evasion-which-costs-more

This is why tax fraud is more important than benefit fraud.
Somehow I do not think Cameron and Osborne's mates will be committing benefit fraud, which is why there is more emphasis on it in government than on tax fraud.

Osborne needs time to allow people to move their money.

nigglynellie Sun 17-Apr-16 11:14:55

At least the Cambridges were peaceful?

Anniebach Sun 17-Apr-16 11:25:41

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

nigglynellie Sun 17-Apr-16 11:41:59

I daresay he is !!!!!!

harrigran Sun 17-Apr-16 12:53:22

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.

Ana Sun 17-Apr-16 13:01:04

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

nightowl Sun 17-Apr-16 14:40:14

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.

daphnedill Sun 17-Apr-16 14:47:56

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.

durhamjen Sun 17-Apr-16 17:39:44

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.

gettingonabit Sun 17-Apr-16 18:38:28

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.

durhamjen Sun 17-Apr-16 19:20:26

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.

gettingonabit Sun 17-Apr-16 21:36:38

Thanks! Signed..

POGS Mon 18-Apr-16 11:59:50

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.

Lazigirl Mon 18-Apr-16 12:00:28

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.

POGS Mon 18-Apr-16 12:04:02

Can't democracy decide anything theses days.

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

durhamjen Mon 18-Apr-16 12:15:26

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.

daphnedill Mon 18-Apr-16 15:06:58

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