Tax dodging scum

[AlfredJPruffock]

The money is better spent by Philip Green than it is by any govt department.

Which is better?

keeping employees of yacht builders in jobs or paying chavs not to work?

No brainer really.

In fact DA- you're correct.

As the figures indicate below the amounts in question avoided by British Companies are trivial when you take into account that the Universe is rapidly expanding.

Just like the Wall Street Bonuses, these people are being rewarded with extra money simply because THEY CAN.




The official estimated gap between the £40bn corporation tax collected by HM Revenue & Customs in 2005 and "the theoretical tax liability if all taxpayers complied with the letter and the spirit of the law was somewhere between £3.7bn and £13.7bn.

[DodgyAgent]

If the government actually spent tax money wisely (not like this http://business.timesonline.co.uk/to...cle5636437.ece ) then there would be genuine moral and practical grounds under which people like Philip Green could be made to pay more tax.

[Clippy]

I read somewhere that Philip Green paid himself (or rather his non-domicile wife), a £1.2 billion pound dividend last year. As she's a 'non-dom', not a penny was paid in tax!

Yeah, but this dodge has its dis-advantages.

Bernie Eccelstone is currently going through a divorce and used the same dodge as Green and is now trying to get the money back from his wife.

[Clippy]

The money is better spent by Philip Green than it is by any govt department.

Which is better?

keeping employees of yacht builders in jobs or paying chavs not to work?

No brainer really.

Fookin' 'ell, the man talks sense.

I think we have found the new Chancellor of the Exchequer.

[scooterscot]

I thought only the little people paid taxes?

Its only fair.....

Only poor people pay taxes...

It's only fair.

[DiscoStu]

Or alternatively we could invade France again.

I'm up for that, give me a rifle

[Cyberman]

Only poor people pay taxes...

It's only fair.

Under Labour they do, because all of the wealthy and businesses that can, leave the country !!

[AlfredJPruffock]

Yeah, but this dodge has its dis-advantages.

Bernie Eccelstone is currently going through a divorce and used the same dodge as Green and is now trying to get the money back from his wife.

Eccy Thump !!!

And some say they never pay for sex ?!!!

[DodgyAgent]

I'm up for that, give me a rifle

And a white van

[AlfredJPruffock]

You have to marvel though at the sheer creativity of thse super-accountants.

The triumph of technical proficiency over social responsibility.

Those who devise wheezes to outwit the taxman argue they are only playing by the new rules of fleible capital.

Shareholder value, they say, demands no less.

And so they dream up ever more inventive strategies for sheltering their companies from tax through tangles of offshore arrangements, tax havens, registrations in multiple jurisdictions and the relocating of intellectual property in low-tax jurisdictions.

However good the inspectors at HMRC they are no match for the highly paid supremos hired in this sophisticated, quite legal, exercise in globalised accounting.


I dont know about you but this level of duplicity makes me kind of proud to be Britiish.

In a manner of speaking.


The official estimated gap between the £40bn corporation tax collected by HM Revenue & Customs in 2005 and "the theoretical tax liability if all taxpayers complied with the letter and the spirit of the law was somewhere between £3.7bn and £13.7bn.

Whom would have thought that this phase of Capitalism would have seen an emphatic return to the Robber Baron type - from Wall Street to the City of London.

Heads Computerised - meserised by the lastest job loss figured on their Plasma screens . Joe Public has been put to sleep whilst the financial terrorists walk by with their Billions.

Another Tree dies of Shame.


Wall Street Banker
San Francisco Bum
Both will Dance
When I rattle my Drum