Sunday 21 February 2016

The scandal of unpaid taxes

It a horrible sight to see our Business Secretary, Sijid  Javid defending the large multinational companies such as Google, regarding the insignificant amount they pay towards the tax system. 

One would have thought a senior representative of the department, gifted the job of controlling our finances would have been more vociferous in damming the fact that some companies in the UK pay no Company Tax, others with huge balance sheets pay only a few thousand pounds in relation to their turnover.
When he openly hides behind the statement,  "I am not aware", on matters which are clearly part of his brief as Business Secretary one has to worry at the polished obscuration which politicians use as a snake sheds its skin, regarding questions which we the public have right to know.
We have a right to know because our finances have been at the forefront of policies design to limit the Exchequers monetary burden towards the public in the services Government offer society, particularly the poor and least able to defend themselves, the Benefit Claimants, who now have to squeeze through ever reducing hoops to obtain any assistance.
 One wishes that Google and Amazon along with the largest Investment Banks, JPMorgan, Bank of America, Marrill Lynch, Deutsch Bank (each of which paid no corporation tax at all) and the huge conglomerates in Britain who paid little or no corporation tax in 2014, the likes of Shell, Vodafone, Glaxo Smith Kline, would be required, like my little 'two bit' company, to pay 20% !!
The right wing media has for years denigrated the poor, the unemployed, the disabled but never the rich and well heeled companies. No mention of this scandal surfaced until the negotiations with Google were finalised and people from the left and the right were outraged at the poultry sum they were asked to pay.
A two tier nation in virtually everything we now see the Conservatives in their true colours, unhindered by the constraints of coalition they can and will pursue a radical overhaul of the country and its values. Capitalism in its most raw unfettered form will flourish.



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