The Daily Mail – Google hit with one billion euro tax bill in France after tax inspectors search web giants Paris offices.
Bbc.co.uk – Democracy live Monday 12 November 2012 – Public Accounts Committee. Google is described as “morally bankrupt”.
Bbc.co.uk – Democracy live Tuesday 8 January 2013 – Corporate tax avoidance debate 3.17.17.
Yes these two videos are long, but very informative. By viewing them both you can understand why your taxes in the UK are so high. Government rely on tax revenues to provide basic services and these services are funded through taxation. Governments have no money, only the people or companies who pay taxes provide that money. You see it’s very very simple, don’t let the accountants try to complicate it for you. Those who pay tax have to pay the taxes of those who don’t pay such as Sir Philip Green.
It really is that simple because Governments require a certain amount of money every year. In the cases such as that of Sir Phillip Green paying £300m in dividends to his wife in Monaco the sums of money very quickly add up. Now when you get huge Corporate multinational companies like Google, Amazon ,Apple etc (there are literally 100s of them) their tax revenues if collected would run into the billions. These companies would like to contribute by way of finances very little or nothing. Read this article if you still think there no correlation between what taxes you pay and the corporations.
The Independent – Take from the poor, but not the rich: Tax authorities accused of” siding” with big business over small firms and individuals.
Tax compliance, tax evasion, tax efficient, tax avoidance ,tax exempt. They all describe Google. And then you have Eric Schmidt, Google’s executive chairman, who says he is “very proud of the structure we set up”.
TheRegister.co.uk – Schmidt “very proud”of Google tiny tax bill:its called Capitalism.
Google wouldn’t know the meaning of the word capitalism, how many times have they been caught and fined for their “shenanigans”. We googled “Shenanigans”, Google’s description:
Secret or dishonest activity or maneuvering, example “the chairman was accused of financial shenanigans”
You really couldn’t make this stuff up. Morality, enough and empathy are words that don’t exist in the vocabularies of multinationals like Google and Apple – their mantra is “we want it all”. As a footnote Google pays 3.2% tax on overseas profits – amazing! How simple would it be for the UK to introduce a turnover tax – every company large or small pay a % of tax on every £ in revenue they generate?
The two major fears of capitalists are the truth and competition. That is the only context in which we could describe Google as being capitalist.
There is £170,000 leaving the UK economy and going offshore every minute of every day. When the people decide enough is enough this practice will stop. We have government by corporation in the UK now and we have had for many years.
The Guardian Monday – Its business that really rules us now.
The article mentions Tony Blair (Prince John) and Gordon Brown (The Sheriff of Nottingham). Now it’s Cameron Clegg and Miliband all vying for respectability. Parliament and government can only deteriorate in the face of corporate takeover, a vote in 2015 will only exasperate the problem. Parliament is beyond repair and we as a nation cannot expect a system that has deserted the population to return the UK to Democracy. Only a new start can now achieve the direction and benevolent procedures to serve the people once again.
Love and Blessings to Everyone