But big corporations are not just content to avoid paying taxes, they are also intent on pushing down wages and salaries of their employees by various techniques. They hire foreign temporary workers (under government legislation, mind you) who learn their skills at the company or are trained by local employees but are paid less. Pressure is then put on other employees to accept lower wages for the same "competitive" reasons.
The companies mentioned above may, indeed, not be breaking the law because governments all over the western world have been persuaded (by money, by lobbyists, by ideology, etc.) to lower taxes in order to "be more competitive." Lower wages then become part of the competition too.
But the real effect of both these taxation and foreign workers policies is to stream the wealth directly to the elite who are already wealthy beyond compare!
Judge to rule on HMRC's tax deal with Goldman Sachs
A judge is being asked to decide if HM Revenue and Customs (HMRC) acted illegally by letting investment bank Goldman Sachs off part of its tax bill
By BBC News (Business)
Campaign group UK Uncut Legal Action claims the taxpayer missed out on up to £20m as a result of what it calls a "sweetheart" deal.
The one-day hearing is due to go ahead at the High Court in London later.
HMRC admits it made a mistake in finalising the deal, but says it did not do anything illegal.
It says that at most the taxpayer lost between £5m and £8m, and that it has since changed the way it negotiates tax deals with big companies.
HMRC discovered that over a period of years in the 1990s, Goldman Sachs had avoided tax by routing bonus payments through a subsidiary in the British Virgin Islands.
By doing so, the investment bank had not paid National Insurance (NI) contributions.
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