A Tax Dodging Bill

Labour has committed to tackling tax avoidance, a commitment I am happy to endorse.

Whilst there is nothing wrong in organising a business’s affairs to make it tax efficient, on too many occasions we have seen this as a way to avoid most, if not all, tax responsibilities. This is plain wrong.

Many businesses make large profits in Britain, and it is not unreasonable to see some of those profits returned by means of taxation.

Perhaps it is emotive, but every overcrowded classroom or under-staffed hospital is arguably caused by those who avoid their civic responsibilities. Every reduction in police numbers, every unfixed pothole, every public service that is forced to reduce its offer to its clients is caused by the greedy refusing to pay their taxes. I think this should stop.

I would also seek to tackle the issue of tax havens too, although this will require international cooperation.

Therefore I would support a bill that seeks to address tax dodging. Whether that can happen in the first hundred days of a new Labour government I cannot say – to be honest there are a number of competing priorities.

I am happy to back the Tax Dodging Bill Campaign, although we must frame the rules in a way that does not damage our competitiveness as a country.

I would also support campaigns that would make it easier for the Government to collect unpaid, avoided, and uncollected taxes – and this means the recruitment of more tax collectors.

Advertisements

2 Responses to A Tax Dodging Bill

  1. I am happy to back the Tax Dodging Bill Campaign, although we must frame the rules in a way that does not damage our competitiveness as a country.

    But that’s the problem isn’t it? Global companies would say that we need low corporate taxes (either as defined by legislation or as actually “paid” in practice) if we are to be “competitive” in attracting their “investment” (heavy subsidised by local, national and euro-grants – subsidised by “us”).

    We need an answer to globalisation. The big beasts in the global economy are not moral democratic countries, but big amoral (or even immoral) corporations who can exploit countries with low labour conditions (and no “need” to levy high corporate taxes).

  2. There is a balance to be struck, for sure. It is also obvious that few nations can act on their own, that cooperation is needed. Is this another argument for the EU?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: