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.
Human error
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.
Read the whole article here
Read another article on same theme here
2 COMMENTS:
Read Your Bible!
It's all there, In The Good Book!!
Rights came from long ago, and made the way to the U.S. Constitution as an "enlightened time".
...scholars agree the middle classes as well as many of the lower classes, evolution began during Edward III, 1327-1377 ... The Birth of Modern Liberty!
PETITIONS' Rights'!!
The Levellers' ideas were precursors to classical liberal thought.
The comparatively modern notion that people have certain fundamental rights and liberties that NO government can invade begins with them.
The first time that one encounters the expression "fundamental right" is in writings associated with the Levellers and the English Civil War. From the Norman Conquest until the middle of the 17th century, the main premise of reformers always had been the restoration of the ANCIENT rights and liberties of the people. After the middle of the 17th century, the reformers tended to demand the recognition of fundamental rights and liberties.
Levellers' ideas became in their own era, the ideas of the AGITATORS!
Representatives of the RANK AND FILE SOLDIERS APPOINTED BY THE INDEPENDENTS to study and report to the regiments on political developments.
THE AGITATORS DRAFTED PAMPHLETS that were circulated throughout the army, and also DRAFTED PETITIONS TO PARLIAMENT.
THE AGITATORS DRAFTED THE FIRST VERSION OF A CONSTITUTIONAL DOCUMENT ...
NOT ..
DRAFTED BY THE NOBILITY.
THE AGREEMENT OF THE PEOPLE, was presented to OLIVER CROMWELL HEAD OF THE ARMY COUNCIL ON October 29, 1647, AND APPROVED 1 WEEK LATER.
Now, in the US Constitution the enlightened evolution of all those past beginning documents, reached the place where STATUTES are not real law.
The real law is the right to petition, but of course, our right is ancient to demand the "bifurcated government" to be addressed for the crime of going back to the BS of King rules.
No rules get to trump the good law, rules and regulations that have been intentionally made up for so long that the criminals of Wall Street and their lawyers out of the Fed's learning how to commit high treason on the U.S. Constitution ~ actually believe the Liberal Modern true geniuses have not awakened.
Agreement of the People, 1649; English Declaration of Rights, 1689; John Locke's Second Treatise on Civil Government, 1689; Virginia Bill of Rights, 1776; Declaration of Independence, 1776, Northwest Ordinance, 1787; and the U.S. Constitution, 1787.
What a strange land the Global Mafia has concocted to erase all our Rights' since ... way before the ignoramuses dragged knuckles in to rewrite history.
PROGRESS AND PROPERTY RIGHTS, By Walker F. Todd
I am writing a review on this most incredible "Bible" of our Rights' in the U.S.A. theartof12.blogspot.com
Best to all, hi to Mike Morgan!
Quoi???
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