Originally posted by DodgyAgent
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Previously on "Cameron hails breakthrough tax deal in Europe"
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Originally posted by doodab View PostYes we do. We hear it all the ******* time.
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Originally posted by Mich the Tester View PostAnd thereby provide books, computers and other apparatus that can be used by people to do productive and useful things. Give it to the government and they'll provide a few more speed bumps and lesbian outreach officers and still run up a debt.
and that isn't a whimsical saying meant to be comical, but the underlying reason for the freedoms we enjoy today.
Heaven preserve us from a Government flush with cash, like the Saudis today or English sovereigns like Henry VIII and William the Conqueror in the past.
So in short, people like AtW who applaud the government for trying to winkle more money out of tax avoiders and large corporations (who will only pass it on to consumers), are muppets.
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Originally posted by AtW View PostPoliticians have to borrow because there are not enough tax revenues.
There are two main reasons to this:
1) they spend too much to buy votes
2) they don't collect full amount of tax due, especially from very large corporations
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Originally posted by Mich the Tester View PostStill preferable to politicians running up debts that I'll have to repay for the rest of my working life.
There are two main reasons to this:
1) they spend too much to buy votes
2) they don't collect full amount of tax due, especially from very large corporations
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Originally posted by AtW View PostErr, no - they keep them as big cash reserves mostly - especially Apple.
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Originally posted by DodgyAgent View PostAt least if Google and Amazon keep it the money will be put to good use.
So the money don't work for those companies other than giving very small interest on them.
Talking of which - what's the current interest level paid by banks on 100 bln dollars?
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Originally posted by Spacecadet View PostCan't say the same about Apple who just stock pile cash
We had this discussion the other day about Amazon - they don't avoid tax by offshoring money. Instead they spend all their profit on under cutting the competition leaving them with zero actual profit and so no tax liability
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Originally posted by DodgyAgent View PostAt least if Google and Amazon keep it the money will be put to good use. We never hear anyone challenging how the tax is spent, all we hear are howls of envy inspired entitlement.
We had this discussion the other day about Amazon - they don't avoid tax by offshoring money. Instead they spend all their profit on under cutting the competition leaving them with zero actual profit and so no tax liability
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Originally posted by Mich the Tester View PostIt wouldn't make one iota of difference to Britain's finances if Google or Amazon paid more tax, as politicians would still spend more than the government recieves in revenues; the UK would still be deep in the poo. That's why I'm inclined to sympathise with tax evaders and tax avoiders; it doesn't matter how much tax you pay, the politicians and civil servants will never have enough of it.
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Originally posted by AtW View PostI am waiting for price drop to buy it from tax dodging AmazonOriginally posted by Spacecadet View PostJust rent it from tax dodging Google instead
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