Bwian
Kiss my (_!_)
- Jul 14, 2003
- 15,898
In which case it is the responsibility of the government to close the loopholes. If a loophole is there it will be used.
And we need to remember that these companies provide employment for large numbers of people. Drive them out of the UK and the jobs will follow them.
You're right, it is the responsibilty of government to close the loopholes-one must ask why they don't?
As for driving them out of the country, that argument is bandied about by a number of people and frankly, it's a nonsense. Companies are not going to walk away from a lucrative marketplace because they are being made to pay their share of taxes. It annoys me that the scare tactics of jobs disappearing are rolled out regularly whenever it gets mentioned that companies should pay their taxes instead of sending their profits to tax havens. If a company leaves the UK for those reasons it's simple, don't let them trade here and there will always be somebody ready to fill the void. The added benefit of them paying their share of taxes would be the likes of you and me should pay less ourselves.