The great tax gap (Part 1)

The great tax gap. See part 2: http://www.youtube.com/watch?v=ewgNUxm--Us
This is Tonight as shown on ITV on the 3rd March 2011. Covering tax avoidance by the largest companies and the campaign against them. Including footage of UK Uncut.

http://www.ukuncut.org.uk/

Category:

News & Politics

Tags:

• ukuncut
• tax
• cuts
• barclays
• vodafone
• boots

[WillOrng]

Taxes simply destroy money or unprint it, Government spending creates money by marking up accounts at the central bank and transferring it.

As long as the Government allows the automatic fiscal stabilisers to do their job it will simply equally mirror the private and foreign sector's net saving/de-leveraging desires. If politicians simply got out of the way our Government would fund our money need to pay of our debts and save.

[f0b0m]

So tax 'avoidance' is theft now? Some fear of double-think.

[TRUEANGLO]

There have always been loopholes and escape clauses for the super rich, be they individuals or corporations. They have been doing this as long as money has been used by man. It has now become global, and the amounts are staggering, wrecking nations, and now a world as global greed has become pandemic.Greed will bring the whole global system to its knees, to the point where we will all lose. For what good is vast amounts of money if all around you is a wasteland? Money junkies are now in control.

[PhantaJisto]

Total tax theft by UK corporations is around £20 billion per year.

There's a reason why independent shops are driven out of business: they pay tax, corporations don't.