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BBC News – Apple ‘among largest tax avoiders in US’ – Senate committee #avoidance #tax #commonsense #windfall #taxation
BBC News – Apple ‘among largest tax avoiders in US’ – Senate committee.
Apple, Amazon, Starbucks, Goldman join the ever-growing list of mega corporates who think it’s ‘clever’ to pay no tax.
What are the authorities doing, oh yes they are chasing honest hard-working individuals who want to own their own home and educate their children.
If you are a corporate or a billionaire, no tax, no problem.
The world has gone totally bonkers.
Commonsense, whatever happened to it? Want to sort the problem out, then windfall tax these big corporates who are cheating society.
Taxation Magazine (Photo credit: Wikipedia)
Related articles
- Dublin rejects Apple tax avoidance claims (cnn.com)
- Apple tax row: Ireland says its tax regime is not to blame (guardian.co.uk)
- Government says not to blame for Apple’s low tax rate (independent.ie)
- UK lawmakers find Google misleading on tax (news.yahoo.com)
- How to make $30 billion and pay no corporate income tax, the Apple way (washingtonpost.com)
Never mind tax havens – the real hidden billions are in company coffers | Richard Seymour | Comment is free | guardian.co.uk
English: Map of tax havens, using the 2007 proposed “Stop Tax Haven Abuse Act”, US Congress, list of tax havens (Photo credit: Wikipedia)
So the question is (again) is your government taxing the right people?
Related articles
- Canadians have $170B stashed in top 12 global tax havens (canada.com)
- UK’s top companies condemned for prolific use of tax havens (guardian.co.uk)
Austerity kills, economists warn
‘Sweetheart’ deal between HMRC and Goldman Sachs was struck to save Government embarrassment #disgrace
English: Logo of The Goldman Sachs Group, Inc. Category:Goldman Sachs (Photo credit: Wikipedia)
Disgraceful and leaves a bad taste in the mouth for the honest UK ‘mug’ taxpayer.
Commonsense, just commonsense #UK #Osborne #UKuncut
sound advice from the #FCA #interestrates #0 #banks #economy #pensions
Goldman Sachs New World Headquarters (Photo credit: Wikipedia)
Over 1 million Brits will face interest-only mortgage shortfall.
Interesting and no doubt sound advice from the FCA (Financial Conduct Authority, not the Fellowship of Christian Athletes, I assume)
Although sadly it’s a bit like Goldman Sachs not paying any tax, a failure by authorities to understand who is paying for the mess of the past few years.
Yes its middle England mug taxpayer AGAIN. This is the guy who works for 8-10 hours a day, pays all his taxes on time not to mention his inflation capped energy bills (NOT), fines, council taxes, road taxes, school fees, airport departure taxes, airport landing taxes, health care bills, insurances….the list goes on.
So thanks for the thought from the FCA, my advice would be to save a little more each month to pay off your mortgage.
What? You haven’t got any spare cash left at the end of the month?
My advice would be, stay at home on the dole, watch TV all day and get all your bills paid for you.
Related articles
Two headlines today in the WSJ #morality #world #mess #somethingwrong #taxation #funds #money
English: Dell Logo (Photo credit: Wikipedia)
Business News & Financial News – The Wall Street Journal – Wsj.com.
The two main headlines on this page are about Cyprus and Dell.
A nation nearly goes bust and a $24bn deal for Dell.
Commonsense, just commonsense.
Related articles
- Report: Dell likely to receive more takeover bids (sfgate.com)
- Just Let the Insolvent Banks in Cyprus Fail (cnbc.com)
IMF Chief Christine Lagarde’s Home Searched by French Police #Bloomberg #lagarde
Christine Lagarde, Managing Director, International Monetary Fund (Photo credit: Wikipedia)
IMF Chief Christine Lagarde’s Home Searched by French Police
2013-03-20 14:36:23.313 GMT
By Mark Deen and Sandrine Rastello
March 20 (Bloomberg) — French police today searched the
home of Christine Lagarde, the managing director of the
International Monetary Fund, the Paris prosecutor’s office said.
The Cour de Justice de la Republique, which
investigates ministers’ actions in office, is looking into
whether former French finance minister Lagarde erred in agreeing
to an arbitration to end a dispute with businessman Bernard
Tapie, a supporter of Former President Nicolas Sarkozy.
Tapie won a 385 million-euro arbitration award in damages
to settle his dispute over his company’s sale of German
sportswear brand Adidas AG. Tapie claimed Credit Lyonnais
mishandled the 1993 sale and pursued a claim against the
formerly state-owned bank’s liquidator.
The court opened its investigation into whether there was
“complicity in forgery” or “complicity in misuse of public
funds” in the case in 2011, soon after Lagarde became head of
the IMF.
“It would not be appropriate to comment on a case that
has been and is currently before the French judiciary,” said
Gerry Rice, the Director of the External Dept of the IMF.
“Prior to its selection of the Managing Director, however, the
IMF’s Executive Board discussed this issue and expressed its
confidence that Madame Lagarde would be able to effectively
carry out her duties.”
Related articles
- IMF faces losing second French boss (telegraph.co.uk)
Workers Saving Too Little to Retire – WSJ.com #interestrates #crisis #pensions #inflation
Workers Saving Too Little to Retire – WSJ.com.
Recipe for disaster
1) low-interest rates
2) fewer jobs (growth in internet & technology)
3) growing population
4) middle classes taxed to the hilt
5) rampant REAL inflation
6) governments obsessed with reducing borrowing
7) politicians (with gilt-edged pensions) out of touch with reality
Common sense, end this obsession with reducing
Retirement (Photo credit: Wikipedia)
government debt.
Related articles
- Tories would raise retirement age for pensions (cp24.com)
- What Impact Does Inflation have on Savings (epicafinance.com)
- The inflation-linked pensions that don’t pay off until you’re 97, leaving retirees £20,000 out of pocket (thisismoney.co.uk)
Does your government really understand #taxation #wealth #bailout #windfall #privateequity
Canned baked beans with vegetarian sausages (Heinz) (Photo credit: Wikipedia)
European investors don’t expect US-style boom in big takeovers – Economic Times.
Read through the list of top takeovers and then tell me who you should be ‘windfall’ taxing?
1 Heinz $27bn
2 Virgin Media $21bn
3 Dell $17bn
4 NBC $16bn
5 Orascom $11bn
Commonsense, start using it before it’s too late.
Related articles
- GOLDMAN: Now Everyone With Deposits In Euro Zone Banks Has To Worry About A New Wealth Tax (businessinsider.com)
- Re: BANK HOLIDAY IN CYPRUS! Government STEALS 10% of all savings & deposits! (forum.prisonplanet.com)
- Raids Private Savings Accounts to Pay for Cyprus Bailout. (dalternative.wordpress.com)
Tax man sends builders’ merchant into administration Ι Construction Enquirer #banks #BaselII #BOE #Cable #UK #lending #bankofdave
Vince Cable MP addressing a Liberal Democrat conference in the ACC, Liverpool (Photo credit: Wikipedia)
Tax man sends builders’ merchant into administration Ι Construction Enquirer.
So while non doms etc get away with paying no tax, HMRC has decided in its infinite wisdom to send a British contractor into administration, no doubt resulting in job losses which will eventually weigh on the ‘mug’ middle class taxpayer, through extra job seekers allowance and benefits!
Time for the government to stand up and really take a good look at themselves.
The Bank of England is funding the banks with almost free money, which they are stashing away to meet the ‘moronic’ Basel III demands.
So while these banks refuse to lend, British business is falling down a slippery slope creating unemployment etc.
Last night the Bank of England suggested that interest rates could stay at 0.5% until the end of 2014.
That means that anybody who has spent a lifetime being ‘prudent’ and has built up a savings pot, is seeing their lifetime savings being eroded away by rampant REAL inflation, not the fictitious 2.5% official figure.
Time also, for Mr Cameron etc to stop bleating on about the position that the last Labour government left the country in. Whilst it may be true it is NOW history and such we have to move on.
Extreme austerity measures are just NOT working and the government must quickly realise this. The bank lending scheme is NOT working and Vince Cable must quickly understand this.
Common sense, don’t keep flogging a dead horse!
