Much
coverage and debate has sprung up about international companies like Google,
Amazon and Starbucks avoiding tax.
In a
society where everyone is required to pay income tax, the fact that
multi-national companies can earn millions but pay nothing, grates on everyone’s
nerves.
Except mine,
that is. I mean, what’s the problem? I’d love to see everyone avoid tax and not pay a penny to the master’s of the public purse strings.
After all,
lest we forget, remember how they abused the public purse after the
banking crisis of 2008. I read something on Facebook today saying how £2
Trillion has been given to banks from the public purse, from generations
which haven’t been born yet. As the article points out, if that £2 Trillion was divided out to every single person living in the United Kingdom , we would have
£46,000 each.
I’m willing
to bet that £46,000 in everyone’s pockets would have done more to simulate the
economy, than giving the money to the banks, only for them to squirrel it away
and pay themselves multi-million £££ bonus packages.
Then
there’s the debate which no one debates; what our income tax is spent on?
I like to
think I know the answer to this one, and it forms the basis of my belief that
no one should be paying income tax and that we should all follow the example of
Google, Amazon and Starbuck and avoid paying it.
As far as I
know, our income tax is spent paying back the interest on the national debt, which in itself is
fraudulent. It's also spent on wars and topping up the parliamentary pig-trough.
Don’t get
confused and think income tax is spent on the police and the fire-service and other important stuff. Council tax pays for that. National insurance
pays for the NHS and hospitals, the council tax pays for schools, the bin-men
etc. Road tax pays for the roads and VAT pays for everything else.
George Osbourne |
The
Chancellor of the Exchequer is paid a lot of money to think up more and imaginative
ways to tax. To name but a few from an ever increasing list, there’s capital
gains tax, corporation tax, value added tax, excise duties, road tax, motor
tax, inheritance tax, aviation tax, baggage tax, pasties tax and the most
recent; the bedroom tax. Do you remember seeing windows bricked up in houses
you may have passed in the street? That’s the Sunshine Tax. People bricked
up their spare windows to save money. Before long we’ll have a fart tax, a piss tax, and a shit tax.
In 2012,
the annual cost of the interest on the national debt amounted to £43 Billion. This is
what our income tax is being spent on, 'interest', and as I touched on earlier, in all
likelihood our national debt is a fraud.
Remember
that bankers fraudulently added PPI (Payment protection insurance) onto every loan issued in the UK
over the last decade. Of course the bankers claim that PPI was ‘miss-sold’, but
really, it wasn’t miss-sold, it was fraud.
Again,
Barclays and all the other major banks manipulated the LIBOR rate. This
resulted in billions if not trillions being defrauded from the public.
Then the
HSBC scandal of laundering Mexican drug cartel money tops off just three
examples of banker’s criminality.
Make no mistake;
bankers have proved themselves to be criminals of the highest order. They pay
out fines in the millions (Barclays fined £390 million over the Libor rate
scandal) to stay out of jail.
You don’t
have to be a genius to realise that our national debt is fraudulent, when
taking into account, everything the banks have ever done has been fraudulent.
I would
urge everyone to go it alone in business and declare themselves ‘self employed’.
On average the first £10,000 income isn’t taxed. So please, earn £10,000 and
anything over reinvest in yourself and your business. Buy a new car, new
computer equipment. Put a lump sum in your pension and your children’s
endowment. Put your money anywhere except into the coffers of the tax man.
Follow the
examples of Google, Amazon and Starbucks. Don’t give politicians any money,
they will only pay themselves more in wages and start even more wars across the
world.
They don’t
deserve any of our hard earned cash. Keep it hidden or better still
convert it into gold and silver.
The public
are the market and the public should decide how the nation’s wealth is spent.
Tax avoidance is good when it keeps the politicians from getting their hands on
it.
Tax avoidance is mandatory for a person the the best possible way is to invest your money in insurance policies to avoid tax this will benefit you both in present and future to secure your income.
ReplyDeleteThanks
William Martin
Financial Claims Made Simple