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Tax Avoidance & Evasion
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Author | Message |
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Nick Send message Joined: 11 Oct 11 Posts: 4344 Credit: 3,313,107 RAC: 0 |
By the way, "Is any business in operation in the UK actually paying any corporate tax...seems not to be, no wonder our personal taxation is so high here!! most probably the same throughout the world too. America, don't worry about increasing the the tax take from the rich, just make sure that your businesses are paying enough first, you could be having the same problem over there that we are having here in the UK...and that is, the only ones paying any real contribution in tax's are the workers. The Kite Fliers -------------------- Kite fliers: An imaginary club of solo members, those who don't yet belong to a formal team so "fly their own kites" - as the saying goes. |
John Clark Send message Joined: 29 Sep 99 Posts: 16515 Credit: 4,418,829 RAC: 0 |
Agreed It's good to be back amongst friends and colleagues |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Oops, poor Yanks, took a bashing in the elections & now taking a bashing from the rest of the world.... France demands £160 million from Amazon |
betreger Send message Joined: 29 Jun 99 Posts: 11361 Credit: 29,581,041 RAC: 66 |
It is about time this sort of evasion is dealt with both internationally and domestically. |
Nick Send message Joined: 11 Oct 11 Posts: 4344 Credit: 3,313,107 RAC: 0 |
Bring it up for discussion at the next G8 summit, pay your tax's in each country that you trade in or start have the doors closed to you. The Kite Fliers -------------------- Kite fliers: An imaginary club of solo members, those who don't yet belong to a formal team so "fly their own kites" - as the saying goes. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
tax Tax TAX TAX crash. http://openchannel.nbcnews.com/_news/2012/11/14/15150362-from-suburb-to-basket-case-how-california-city-traveled-the-road-to-ruin?lite Note: California Public Employee Unions are running thank you ads for the recent vote not to pass proposition 32, which would have limited union contributions in elections. |
betreger Send message Joined: 29 Jun 99 Posts: 11361 Credit: 29,581,041 RAC: 66 |
Frankly I feel neither unions or corporations should be allowed to make political contributions. Both should be allowed to send letters to their members or stock holders explaining how their votes would feather their nests and the individuals could then decide. I suspect many would reject the corporate or union political goals. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
Oh they will hunt me down for this ... A sales tax of 25% on political contributions and political advertisements. Now that is a tax even a Norquist republican should support. |
BarryAZ Send message Joined: 1 Apr 01 Posts: 2580 Credit: 16,982,517 RAC: 0 |
I like it -- don't think Norquist would though. I'd add an additional tax -- per political phone call. Oh they will hunt me down for this ... |
skildude Send message Joined: 4 Oct 00 Posts: 9541 Credit: 50,759,529 RAC: 60 |
Oh they will hunt me down for this ... 25% on anything over $100 from an individual or corporation. I'm willing to allow up to $100 to be tax free after that you're trying to influence candidates In a rich man's house there is no place to spit but his face. Diogenes Of Sinope |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
Oh they will hunt me down for this ... A loophole? Just write a $100 check every minute ... |
skildude Send message Joined: 4 Oct 00 Posts: 9541 Credit: 50,759,529 RAC: 60 |
no no no no loophole. $100 annually In a rich man's house there is no place to spit but his face. Diogenes Of Sinope |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30651 Credit: 53,134,872 RAC: 32 |
no no no no loophole. $100 annually Snort for congress I, Snort for Congress II, Snort for Congress III, ... Snort for congress MM. No loophole? Best craft that to be annually for all candidates and campaigns combines or they will find a way around it. |
skildude Send message Joined: 4 Oct 00 Posts: 9541 Credit: 50,759,529 RAC: 60 |
nope you can put $100 towards "anything you want" campaign. anything over $100 annually spend on Political campaigns would be taxed. I think I'me being moer than clear. The only other option is someone is being obtuse In a rich man's house there is no place to spit but his face. Diogenes Of Sinope |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Oops, looks like another "big" corporation on the Tax Avoidance bandwagon. Wonder what Obama will say about that? M$ avoids paying £159 million every year |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
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Bernie Vine Send message Joined: 26 May 99 Posts: 9954 Credit: 103,452,613 RAC: 328 |
I have been thinking about this and I see two things that in a "free society" we can do to stop this. Remember anyone can be a share holder as I was on a couple of occasions. As a share holder I would expect the company I held shares in to be doing there utmost to "legally" make as much money as possible for me and my fellow shareholders. If countries make it easy to avoid paying tax then my company should take all opportunities to help provide for my pension. If I have share in an English company that finds loopholes in American/German/French tax laws I might well feel "go for it" not our fault they are sloppy!! So how can we stop this: 1 - Make sure that there are no loopholes companies can exploit. or 2 - Take ALL companies into public ownership and all surplus profit goes to the government. Remember human nature will still step in. If there is a way to "cheat" humans will find it!! |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
A very interesting report to make one think..... The Revenue Drain - Why chasing for more is a waste of time |
skildude Send message Joined: 4 Oct 00 Posts: 9541 Credit: 50,759,529 RAC: 60 |
A very interesting report to make one think..... This sounds quite a bit like the wrangling that corporations put state and local authorities through when they decide that they want huge tax breaks to move to a city. They'd move there anyway but they want to see how much they can get. One of the biggest tax avoiders is Walmart. It holds elevated sales taxes over the city, state, and village it intends to pillage in order to get tax free land for 10 years or more. What they neglect to say is that Walmart draws off sales tax from existing businesses and may force the closure of many local businesses. The end net result is not actual tax gain and walmart wins In a rich man's house there is no place to spit but his face. Diogenes Of Sinope |
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