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Tax haven info released > GM Foods


JOHNNYAITCH

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They shamefully didn't address the avoidance schemes although I guess that under Corbyn the party's stance will have changed. However, I don't think the party is riddled with hypocritical tax avoiders and their families, like the lot in charge at the moment.

 

Strange how there seems to be a lot less anger directed towards these people than there is at the poorer members of society who wrongfully claim benefits. The last 5 years or so has seen such a change in public opinion. It's horrible.

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I noticedthe BBC programme on Tax Havens makes no mention of the finances of The Guardian which are lodged in a tax haven, even their offices are owned overseas. So The Guardian avoids paying tax in the UK,hypocrisy or what ?

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The one thing that sickens me is the nasty and corrupt individuals, politicians, dictators and their family members, who rape their countries of funds/assets and spirit away money in this Panamanian company and its like around the world.

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The one thing that sickens me is the nasty and corrupt individuals, politicians, dictators and their family members, who rape their countries of funds/assets and spirit away money in this Panamanian company and its like around the world.

 

What galls me are those politicians who deliberately do whatever it takes to avoid paying taxes for income/wealth generated in their own country then do whatever it takers to tax to the hilt the rest of the population to pay for their political opulence and generous pensions.

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I noticedthe BBC programme on Tax Havens makes no mention of the finances of The Guardian which are lodged in a tax haven, even their offices are owned overseas. So The Guardian avoids paying tax in the UK,hypocrisy or what ?

 

Cayman Islands,File No.201466.

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I am a counter fraud practitioner and so committed to dealing with people, organizations and governments involved in criminality and money laundering. Therefore the drive to bring havens in to the open is commendable and last nights Panorama was interesting. Nonetheless picking on Ian Cameron, born 1932 and died 2010 because he is the father of the PM was in my view completely disrespectful given the evidence available to support the TV show. It was disrespectful because it showed he held a form of share and arrangment now barred, but perfectly lawful in the past. There was almost no worthwhile evidence to justify his mention. And even if he was of interest to the journalist there was a failure to distinguish him in the context of managing tax, which everyone does, and tax evasion and money laundering which are unlawful.

 

I think it is also wrong to look back in to the past with the eyes and views of the present and condemn. When Ian Cameron was in his middle age and making a lot of his wealth there were tax rates as high as 98% in the UK. Even under Thatcher the top tax rate in the 80's was 60%. People were quite entitled to react to the state behaving like a money grabbing criminal and did so in two ways. 1. Emigrate. 2. Avoid.

 

Now higher level tax rates have come down we see in the UK the top 1% of earners paying 33% of income tax. That is pretty good and reasonably fair in my opinion. In the USA the top 1% pay 50% of federal taxes. So it is wrong for people to go round portraying wealthy people as inherently unethical or criminal etc. Most are not.

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