Taxes on Rich People?

Out of context: Reply #42

• Started
• Last post
• 102 Responses

• Beach8oy20

  The super rich in the UK avoid paying tax to the tune of £25bn. It's all about greed. Sir Phillip Green paid his wife a dividend of £1,2bn and she paid no tax on it because she is domiciled in Monaco, although his primary business's are here in the UK.

  U2 shifted their Tax liability to Holland, because of the lower rate of tax - but the band still has homes in Ireland and use the infrastructure of tax paying irish folk.

  Denmark has the fairest tax system, and the culture there is one where super success is frowned upon. And low and behold - they have the lowest rates of depression in the world. (Source: Oliver James - Affluenza)

  Also read Robert Peston's "Who runs Britain" - he explains to some length how the super-rich go to some lengths to avoid paying tax and how Brown has changed tax law to support them. The gap between the rich and poor is at it's widest in the UK since the turn of the last century!

  A fair system can be reached - as long as we don't have a corrupt, money/business hungry government.

  Beach8oy2 0Permalink

  UpvoteDownvote

  Flag

  • although if U2 left that would leave guinness as ireland's only resource.airey
  • http://www.oecd.org/…akrokdesign
  • Fair = highest = equal distribution of wealth = shortest gap between rich and poorBeach8oy2
  • Guinness belongs to Diageo (UK company) and U2 still generate more tax for Ireland than most other people.raf
  • Just picture the tax on concert tickets, CDs and touristic revenue associated.raf
  • Artists were exempt of tax until a few years ago. U2 would have to be idiots to go from paying 0% to 41%raf

  Show [[ numHiddenNotes ]] more notesAdd Note

  SaveCancel

View thread