Stan Tamudo Posted September 5, 2013 Share Posted September 5, 2013 Or by paying excessive fees to subsidiary companies and channeling millions of pounds through a complicated web of companies. All legal apparently but very iffy, Tony Blair and his £8million tax 'mystery'. Is he the only one who does it or are there more? Link to comment Share on other sites More sharing options...
vinyl Posted September 5, 2013 Author Share Posted September 5, 2013 Is he the only one who does it or are there more? I think he's the only one who who was Prime Minister of this country and who set up bogus companies to exploit loop holes in the tax systems his own government was trying to police. Link to comment Share on other sites More sharing options...
daneha Posted September 5, 2013 Share Posted September 5, 2013 Is he the only one who does it or are there more? I would imagine there are many more, but as the ex leader of the country one would expect him to set a good example. Link to comment Share on other sites More sharing options...
Stan Tamudo Posted September 5, 2013 Share Posted September 5, 2013 I think he's the only one who who was Prime Minister of this country and who set up bogus companies to exploit loop holes in the tax systems his own government was trying to police. That doesn't surprise me vinyl, Blair reminds me of a deranged baddy from a Bond film. Link to comment Share on other sites More sharing options...
vinyl Posted September 5, 2013 Author Share Posted September 5, 2013 I would imagine there are many more, but as the ex leader of the country one would expect him to set a good example. He did. I'm not quite sure who it was to. Link to comment Share on other sites More sharing options...
rollwithit Posted September 6, 2013 Share Posted September 6, 2013 This is great news for two reasons. 1st, its good for our economy and 2nd, it means Labour wont have a chance in hell of being elected into power come 2015 if things remain. Plus with the added blow to Labour of the GMB drastically reducing their bribes contributions to the Labour party, their is a real chance of them going bankruptcy. ---------- Post added 05-09-2013 at 09:29 ---------- Mecky does not believe statistics unless they back up his point of view. If the UK went into recession he would be crowing from the top of the city hall, but as soon as the outlook is positive he calls the ONS a government controlled quango and refuses to believe the data. He is a typical blinkered socialist who would rather eat his own grand mother then say anything positive about any other party than Labour. The good news is, his like are dying out. Well the labour party was started by the union movement so the working man could have a voice in politics. Prior to that, politics was a game played by the middle class and aristocracy. Rich business people fund the conservative party, who in turn voice lobby the interests of big business. Is that a bribe, or is each party looking after the interest of its major voters/supporters/funders? I can't see a difference, can anyone else? Link to comment Share on other sites More sharing options...
Uptowngirl Posted September 6, 2013 Share Posted September 6, 2013 Well the labour party was started by the union movement so the working man could have a voice in politics. Prior to that, politics was a game played by the middle class and aristocracy. Rich business people fund the conservative party, who in turn voice lobby the interests of big business. Is that a bribe, or is each party looking after the interest of its major voters/supporters/funders? I can't see a difference, can anyone else? But Lord Sainsbury & Lakshmi Mittal are 2 of Britain's richest business men and both have been substantial donors to the Labour Party. And then there is this chap.. The Labour party's biggest financial backer, John Mills, has admitted his donation was given to the party in the form of shares early this year in order to minimise the amount of tax he would have to pay, relative to the cost to him if he gave the money in the form of a donation. Mills told the Daily Telegraph that it was more tax efficient to make the donation in the form of shares. If he had given £1.65m from his own income he would have had to pay nearly half of that sum to the taxman. http://www.theguardian.com/politics/2013/jun/06/labour-party-backer-donation-tax Link to comment Share on other sites More sharing options...
Mecky Posted September 6, 2013 Share Posted September 6, 2013 But Lord Sainsbury & Lakshmi Mittal are 2 of Britain's richest business men and both have been substantial donors to the Labour Party. And then there is this chap.. The Labour party's biggest financial backer, John Mills, has admitted his donation was given to the party in the form of shares early this year in order to minimise the amount of tax he would have to pay, relative to the cost to him if he gave the money in the form of a donation. Mills told the Daily Telegraph that it was more tax efficient to make the donation in the form of shares. If he had given £1.65m from his own income he would have had to pay nearly half of that sum to the taxman. http://www.theguardian.com/politics/2013/jun/06/labour-party-backer-donation-tax Are we talking percentages here? Link to comment Share on other sites More sharing options...
WeX Posted September 6, 2013 Share Posted September 6, 2013 Well the labour party was started by the union movement so the working man could have a voice in politics. Prior to that, politics was a game played by the middle class and aristocracy. Rich business people fund the conservative party, who in turn voice lobby the interests of big business. Is that a bribe, or is each party looking after the interest of its major voters/supporters/funders? I can't see a difference, can anyone else? Nope, men neither. You always follow the money and the reality of this is indistinguishable between the red and the blue party. My point was that Labour are or were controlled by the unions. The leadership debacle is testament to this. The party wanted David, the membership wanted David, but the Unisons wanted Ed, so they got Ed. ---------- Post added 06-09-2013 at 16:13 ---------- Tax dodging is tax evasion. Tax avoidance is what everyone does. Or do you just hand over every penny you earn to the taxman? Precisely. If you are ill' you go to a doctor for advise and you follow it. If you want to know what to do with your money, you employ an accountant to work within the law to make your money work for you. This is not illegal and the people who do this are only paying what is legally required of them. Do people on PAYE pay more than what is asked of them? Link to comment Share on other sites More sharing options...
rollwithit Posted September 6, 2013 Share Posted September 6, 2013 socialism is just the working persons version of capitalism. They were originally setup to get he best deal (most money/best conditions)) for the workers. If that's not capitalism I don't know what is? Link to comment Share on other sites More sharing options...
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