Tuesday, September 21, 2010

Taxation for Dummies

Tax Dodgers

Tax Dodgers © fintag

News comments:
I don't do politics but I do like to expose weaknesses in arguments. Take this. The UK's Coalition deputy Nick Clegg has questioned use of accountants to cut tax bills (telegraph).

He says its unfair for the wealthy to use tax loop holes. Well as a member of government, shouldn't he address the fact there are loop holes? There is nothing illegal about interpreting law - that's why most law is so badly written and the legal profession makes a killing from it.

Nick, if you beat up the rich they will just leave. The UK Debt is in a big mess (telegraph) and these people generate wealth = tax revenues.

I see your best mate Vince Cableloose is going on about bankers bonuses (telegraph). Again.

Vince, each £1 in bonus is 50p to the treasury. Tax revenues = reduced debt.



1 comments:

Anonymous said...

I see cityam grabbed your comments as their own this morning