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UK 'a tax haven for multinationals' (2014)

bbc.com

1–10 of 56 posts

Re: UK 'a tax haven for multinationals' (2014)

#3

Speaks volumes why Obama wants the UK to remain in the EU. His corporate handlers know that it is inevitable that taxes will increase if there is a Brexit.

I would have thought remaining in the EU would result in (eventual) greater regulation, and Brexit would make the situation worse (for non-corporations).

Re: UK 'a tax haven for multinationals' (2014)

#5
post #3

Speaks volumes why Obama wants the UK to remain in the EU. His corporate handlers know that it is inevitable that taxes will increase if there is a Brexit.

I would have thought remaining in the EU would result in (eventual) greater regulation, and Brexit would make the situation worse (for non-corporations).

Are the people taking advantage of these arrangements non-people?

Re: UK 'a tax haven for multinationals' (2014)

#6
Tangentially - if there's no tax rate competition which seems to be the desired goal of many, there's nothing to stop politicians continuing to bribe their electorate with bread and circuses paid for by that electorate's money. The gigantic debt mountains in the US and the EU demonstrate the degree to which they do that. And when it's all over, out of office, out of responsibility! Companies have of course to keep prudent accounts or go out of business.

Re: UK 'a tax haven for multinationals' (2014)

#8
post #6

Tangentially - if there's no tax rate competition which seems to be the desired goal of many, there's nothing to stop politicians continuing to bribe their electorate with bread and circuses paid for by that electorate's money. The gigantic debt mountains in the US and the EU demonstrate the degree to which they do that. And when it's all over, out of office, out of responsibility! Companies have of course to keep pr…

Considering that currently "tax rate competition" exists, and as you point out the US and EU have "gigantic debt mountains" anyway, the argument that such competition is important to keep states from accumulating too much debt seems to be defeated by your own claims.

Re: UK 'a tax haven for multinationals' (2014)

#9

Speaks volumes why Obama wants the UK to remain in the EU. His corporate handlers know that it is inevitable that taxes will increase if there is a Brexit.

That makes no sense. The EU countries with higher tax levels are constantly pushing to reign in the EU "tax havens", whereas outside the EU, the UK will be free to use even lower tax rates and more tax breaks as a means of retaining and attracting international business, and may need to, in order to prevent an exodus from the City etc.

Re: UK 'a tax haven for multinationals' (2014)

#10
post #6

Tangentially - if there's no tax rate competition which seems to be the desired goal of many, there's nothing to stop politicians continuing to bribe their electorate with bread and circuses paid for by that electorate's money. The gigantic debt mountains in the US and the EU demonstrate the degree to which they do that. And when it's all over, out of office, out of responsibility! Companies have of course to keep pr…

You can have a different political opinion without being hyperbolic and going all "wake up sheeple!".
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