FTSE100 use tax havens to avoid UK taxes (11Oct11)

[BloodguardGorak]

Poor people have to pay more tax because of these scams :(

[LibertyDownUnder]

The money is much better spent when it's in the hands of productive British corporations, rather than the British Government.

[johnny771977]

@LibertyDownUnder So these corporations evade tax payment to the UK government (in full knowledge of the government), but when there is no money, THEY BLAME THE IMMIGRANTS.

[LibertyDownUnder]

@johnny771977, did you listen to the video? The Government already takes up 50% of the UK economy. Millions of paper pushers, pissing the rest of the country's money away on nothing.

The Government has to cut taxes and start firing people before all the productive jobs disappear.

[ruuman]

I wish people would realise corporation tax doesn't just apply to the massive multi-national, it applies to anyone who dare try and start their own business.

High corporation tax cripples the whole system, low corp tax, promotes jobs and allows new business to get started and existing ones to be far more competitive.

[Sres1]

98 admit

2 are lying

Why would they be shocked? Anyone who doesn't want to avoid tax must be insane.

[vonkeonig]

@Sres1 or immoral

[gshooting]

Lol. How much does this cost the UK Treasury? Basically the Gov admitting that they are entitled to your money, as if THEY earnt it. Ridiculous.

[hayden50]

@gshooting thats the typical liberal mentality, they think they have a right to other peoples money.

[ukipwarrior]

Best way to tax the rich is to tax less.

[hayden50]

@ukipwarrior exactly.. low taxes = broaden the tax base = more revenue

[garethmdawson]

@hayden50 Please can you show the proof of this, where can you find reports etc?

[hayden50]

@garethmdawson why sure, i'm from the States,after the bush tax cuts too affect ,revenue went up significantly.INCOME TAX REVENUE BY YEAR: ( In Billions) 2003 = 925, 2004 = 998 , 2005 = 1,206 , 2006 = 1,398 , 2007 = 1,534

[garethmdawson]

@hayden50 thanks :)