Thomas Paine

Thomas Paine
"These are the times that try men's souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands by it now, deserves the love and thanks of man and woman."

Saturday, 10 September 2016

The new robber barons: MARGARET HODGE on how Starbucks, Amazon and Goldman Sachs are ripping billions off British taxpayers... while OUR civil servants and tax chiefs are helping them

From the Mail:

"Few subjects have angered the British public more than the amoral way banks and multi-national corporations have got away with not paying their share of tax. While hard-working people and UK businesses have paid their dues, some of the world’s biggest companies have avoided doing so at a cost of tens of billions of pounds to the UK Exchequer.

It is a situation that appals veteran Labour politician Dame Margaret Hodge, former chairman of the Commons Public Accounts Committee which is charged with ensuring British taxpayers get a fair deal. In defiance of ministers, Whitehall mandarins and vested interests at Westminster, she spent her five years in the role trying to call some of the world’s biggest companies to account.

Now, for the first time, she has written a book detailing the inside story of her dogged battle to force firms to come clean about aggressive tax avoidance. It is a story that lays bare the extraordinary lengths they go to in order to keep their cash out of the public coffers — aided by civil servants and senior tax office officials . . ."

The full article can be read here.

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