TJC1 Posted August 19, 2015 Share Posted August 19, 2015 Closing the odd loop-hole is a quite different matter from trying to drastically increase the amount of tax they pay. If the odd loophole is a 2% media company tax avoidance scheme, it does. Link to comment Share on other sites More sharing options...
unbeliever Posted August 19, 2015 Share Posted August 19, 2015 If the odd loophole is a 2% media company tax avoidance scheme, it does. These things are exceptional and are closed down by the state when they are found. Link to comment Share on other sites More sharing options...
TJC1 Posted August 19, 2015 Share Posted August 19, 2015 These things are exceptional and are closed down by the state when they are found. Not necessarily. ---------- Post added 19-08-2015 at 11:55 ---------- Tax avoidance is legal Link to comment Share on other sites More sharing options...
unbeliever Posted August 19, 2015 Share Posted August 19, 2015 Not necessarily. ---------- Post added 19-08-2015 at 11:55 ---------- Tax avoidance is legal But when it is found to be excessive and unintended, the law gets revised to prevent it. Link to comment Share on other sites More sharing options...
TJC1 Posted August 19, 2015 Share Posted August 19, 2015 But when it is found to be excessive and unintended, the law gets revised to prevent it. Well there's a move on now. 750 mil just been put aside. It can't be done on an ad hoc basis. Link to comment Share on other sites More sharing options...
El Cid Posted August 19, 2015 Author Share Posted August 19, 2015 These things are exceptional and are closed down by the state when they are found. Exceptional, when a multi-millionaire can avoid tax for decades and he has not done anything wrong. If he has done nothing wrong, it open for many millionaires to do. ---------- Post added 19-08-2015 at 13:49 ---------- I dont know many millionaires that are willing to share their tax details with me, so we are both hypothesizing Link to comment Share on other sites More sharing options...
unbeliever Posted August 19, 2015 Share Posted August 19, 2015 (edited) Exceptional, when a multi-millionaire can avoid tax for decades and he has not done anything wrong. If he has done nothing wrong, it open for many millionaires to do. ---------- Post added 19-08-2015 at 13:49 ---------- I dont know many millionaires that are willing to share their tax details with me, so we are both hypothesizing From the OED: exceptional, adj.: Of the nature of or forming an exception; out of the ordinary course, unusual, special. The super-rich are free to choose which state they live in. They pay to live in that state, kind of like rent. If one state asks too much rent for what it offers in return, they'll just go to another. It's no different from when the rest of us choose a house. This is all blatantly obvious and people only deny it because they wish it wasn't true. Edited August 19, 2015 by unbeliever Link to comment Share on other sites More sharing options...
drummonds Posted August 19, 2015 Share Posted August 19, 2015 (edited) Exceptional, when a multi-millionaire can avoid tax for decades and he has not done anything wrong. If he has done nothing wrong, it open for many millionaires to do. ---------- Post added 19-08-2015 at 13:49 ---------- I dont know many millionaires that are willing to share their tax details with me, so we are both hypothesizing i note that chris froome now lives in monaco. i'd be interested to know how anyone would propose taxing him through the uk tax system. he recently picked up around £1 million for winning a cycle race in france. Edited August 19, 2015 by drummonds Link to comment Share on other sites More sharing options...
El Cid Posted August 19, 2015 Author Share Posted August 19, 2015 The super-rich are free to choose which state they live in. Why are you making that point, are you locked in a jail cell, with your liberty taken away Link to comment Share on other sites More sharing options...
drummonds Posted August 19, 2015 Share Posted August 19, 2015 Why are you making that point, are you locked in a jail cell, with your liberty taken away that is as stupid a comment as i've read all year. the smiley doesn't take any of the stupidity away either. Link to comment Share on other sites More sharing options...
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