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Topic History of: More Amazon
Max. showing the last 5 posts - (Last post first)

Author	Message
JK2006	Stupid Barney doesn't care about the thousands of workers who become unemployed when a company decides to base itself in a more favourable tax country. The brain dead can only see the simplistic, tabloid headline, slogans. "Why should they pay no tax when I pay masses?". DOH!!!
wjlmarsh	The article like all poorly presented articles is very misleading even when stating truth and facts. Huge sales and no corporation tax does not equal tax avoidance or tax evasion. It is the profits that count minus previous losses. The companies pay VAT on vatable items I am sure that amounts to huge tax revenues plus they pay over taxes on wages. Probably all sorts of other taxes import duties etc. Plus aids the economy and wages thus spend in the economy that incurs more taxes. It is more likely that the constant new tax rules are more going the way like labour's 90+ percent tax and the death duties hitting those with stately homes both past unfairness to those who often through long history of hard work build up their resources. I exclude leaders like Trump who always push for low corporation taxes. (And many have acquired assets by unfair means as well) I am not saying mischief does not happen, but it would need to be well researched and presented in a very clear manner to make sense and make a reasonable case. And would exclude banting around sales turnover which means absolutely nothing out of context of costs and profits plus past losts and all sorts of other factors.
Honey	Gael Vella wrote: Honey wrote: admiring tax scammers... Who benefits? Netflix shares went up over 60% last year. Having a few of those shares, I benefited. But I paid tax (in the UK) on the gain. The company paid almost nothing, anywhere. Just like most of its investors. Google is your friend. If Google is such a bloody friend, you might as well google yourself into oblivion on it and leave us in peace, Gail.
Gael Vella	Honey wrote: admiring tax scammers... Who benefits? Netflix shares went up over 60% last year. Having a few of those shares, I benefited. But I paid tax (in the UK) on the gain. The company paid almost nothing, anywhere. Just like most of its investors. Google is your friend.
Honey	Gael Vella wrote: hedda wrote: admiring tax scammers is insulting to all wage earners Never a truer statement. Those paying 40% tax (or more) in the UK, cringe when they see an external Facebook investor paying nothing on huge gains. When non-resident companies and shareholders earning billions here - pay nothing towards our infrastructure. Including the NHS - which their employees are encouraged to use. The first thing that Biden is trying to sort - even though the fix will reduce US tax revenues. But instead of slating firms for doing something perfectly legal, shouldn't we be asking why the loopholes were created? Who benefits?