Posts Tagged ‘Tax dodging’

Corbyn strikes a rich vein with taxes on the very rich

by Michael Meacher.

Jeremy Corbyn’s latest move – to give reassurance that Labour will campaign to remain in Europe and then, if elected in 2020, reverse from the inside any diminution of workers’ rights which Cameron may have secured – is a smart move when it is linked with pushing through the £50bn financial transactions tax on almost […]

Corporate tax dodging is father of austerity

by Michael Meacher.

Industrial scale tax evasion and avoidance is not only symptomatic of the insatiable greed of the hyper-rich and the over-mighty corporations, it also serves another purpose which is much less recognised. The touchstone of the neoliberal ideology is globalisation – let the markets be all-powerful and governments get out of the way. That is served […]

The great Spanish corporate tax dodge

by Tom Gill.

Spain’s biggest companies have greatly increased their presence in tax havens, with the number of subsidiaries established in these tax-lite territories up 44% during 2013, the worst year in the country’s economic crisis. The IBEX35 companies upped the number of branches in tax havens from 561 to 810 during that year, new research finds. Financial […]

The Tories won’t win because they’re barking up the wrong tree

by Michael Meacher.

George Eaton in the New Statesman has done us a service by revisiting the informative audit of the 2010 election by the Tory pollster Lord Ashcroft, entitled Minority Verdict, which throws new relevant light on the likely outcome of the present election campaign. In 2010, despite Labour polling the second lowest total of electors since […]

Worse than the tax evasion is the stench of class society

by Michael Meacher.

There could hardly be a more poignant vignette of Britain today than the hidden truths revealed by the HSBC Swiss bank. Five years after this colossal tax evasion and avoidance scam was known to the UK authorities, there has been 1 prosecution. At the same time, in just one of those 5 years (2013), no […]

Tories aren’t against tax dodging, they believe in it – just don’t get caught

by Michael Meacher.

Osborne’s studied silence over this last week speaks volumes. If the issue were anything else but tax evasion and avoidance, he would be seeking to find an angle to turn it against Labour for all he’s worth. But on tax avoidance he’s skewered. It was on his watch that no action was taken when news […]

HSBC is out of control and should be broken up

by Michael Meacher.

The lesson of the HSBC debacle is not merely that tax evaders must be hunted down much more relentlessly, but that in its present form it’s ungovernable. It’s no good saying HSBC was run in a ‘federated way’, but now management has been tightened up (is anybody really taken in by that anyway?). We were […]

HSBC: Ministers who lie or refuse to tell the truth should be made to strand down

by Michael Meacher.

The lies, mis-statements and blatant evasions over the HSBC Swiss bank are beginning to build up. We were initially told that no Minister had any knowledge of wrongdoing at HSBC Suisse until this last week. This has now been contradicted by several different sources. Lin Homer, the besieged and rather ineffective head of HMRC, told […]

Why are US, France & Belgium starting prosecution against HSBC but not the UK?

by Michael Meacher.

The evidence of wrongdoing published this week against HSBC Suisse is so overwhelming that formal investigation prior to prosecution might seem a foregone conclusion. It is indeed already happening in the US, France, Belgium, Spain, even Argentina. But not in the UK, even though HSBC is a British bank. So why the reluctance of the […]

Downing Street, bankers and tax dodgers close ranks over HSBC Swiss bank leaks

by Michael Meacher.

The revelations of greed and cynical immorality, with the ex-clergyman Lord Green topping the bill, keep pouring out of this HSBC Swiss bank scandal, one of the biggest of the last few decades since this is probably only the tip of the iceberg on bank wrongdoing in this no-holds-barred era of crooked capitalism. The facts […]

© 2021 Left Futures | Powered by WordPress | theme originated from PrimePress by Ravi Varma