Sunday, Mar 03, 2013

Tax is only for the little man

Daily Mail: Revealed: One in four of the UK's top companies pay no tax while we give THEM millions in credits

While households are being squeezed by cuts, almost a quarter of top UK companies pay no tax at all. Another good reason for a Land Value Tax - companies won't be able to hide from it

Posted by stuartking @ 08:21 PM (2265 views) Add Comment

17 Comments

1. libertas said...

What a pile of bovine excrement!

Of course corporations will avoid Land Value Tax. They will simply move their HQ to Ireland or USA or, transfer all their land holdings to third parties, as many have already done, like, they already don't own their properties as a tax scam.

The only way to protect the general public from taxation is to cut taxes for the general public!! We should learn from big corporations, that they are successful because they pay little tax, so we should attempt to emulate them.

Sunday, March 3, 2013 10:18PM Report Comment
 

2. paul said...



Oh, Experian. Couldn't happen to a nicer company. Sells data about you on which they claim ownership, which they purport to be accurate to whoever will buy it.

Sunday, March 3, 2013 10:43PM Report Comment
 

3. stuartking said...

@3 What kind of planet would you be living with no taxes, Libertas? I know you've advocated it many times but never explained how it would work or what that sort of place would look like? Would there be roads, hospitals, armed forces, police, fire service, doctors, libraries, government, railways, power generation, school, universities etc?

Who would decide what or where anything was needed? Who would control or manage access? How would such as society cope with those who are disabled, the blind, people with serious illnesses? Or would their worth be decided on what they can produce?

A few oligarchs, perhaps? A dictator? A king or queen? Someone well versed in the practical applications of eugenics, such as Ernst Rüdin?

Sunday, March 3, 2013 11:12PM Report Comment
 

4. drewster said...

These companies are paying no CORPORATION tax. They're still paying Employers' National Insurance, Business Rates, fuel duty on their fleets, capital gains tax, and the rest. In the particular case of Vodafone they paid £5.9bn to the government for a 20-year 3G licence in 2001, and last month they paid £0.8bn to the government for a 4G licence. They will also be paying an annual tax of some £0.2bn for their existing 2G licences. So the premise is wrong: these companies do pay taxes, lots of them.

Sunday, March 3, 2013 11:12PM Report Comment
 

5. libertas said...

@Stuart. I never said no taxes.

Just three generations ago, taxation was only 10% of the economy, based primarily on excise taxes and tariffs. There was no income tax, VAT, NI, etc. etc. and we had a global empire. If WWII hadn't happened, or if after the world war we hadn't adopted the polices of National Socialism, we would have rivaled America's in wealth and the size of their middle class.

Unfortunately, those good old days of societal decline, when we lived off the rotting carcass of our Capitalist past, are long gone. We are now leaving the post industrial era and are entering the neo-feudal stage, at least for those who have not yet transferred their investments into gold bullion, as bankers scalp off the final value of our currency and liberties, fought for with the blood of our ancestors, yet we are busy watching TV.

Sunday, March 3, 2013 11:28PM Report Comment
 

6. libertas said...

Understand, that Socialists everywhere must destroy Capitalism everywhere, with Socialism and fraud, since any economy which adopted the policies of liberty and freedom would surpass all others within a generation and force everybody else either towards freedom or subjugation.

Sunday, March 3, 2013 11:29PM Report Comment
 

7. stuartking said...

"Just three generations ago, taxation was only 10% of the economy, based primarily on excise taxes and tariffs. There was no income tax..."

Rubbish, there's been income tax every year since 1798, except for 1816-1842 - and you have called for a 'no tax' society', several times on here.

Sunday, March 3, 2013 11:55PM Report Comment
 

8. Stuartking said...

@5 "If WWII hadn't happened, or if after the world war we hadn't adopted the polices of National Socialism, we would have rivaled America's in wealth and the size of their middle class."

Total, utter twaddle

Monday, March 4, 2013 12:07AM Report Comment
 

9. stuartking said...

@5 "If WWII hadn't happened, or if after the world war we hadn't adopted the polices of National Socialism, we would have rivaled America's in wealth and the size of their middle class."

Total, utter meaningless twaddle

Monday, March 4, 2013 12:08AM Report Comment
 

10. stuartking said...

A few reminders for you Libertas:

http://www.housepricecrash.co.uk/newsblog/2012/11/blog-forget-starbucks-these-are-the-real-dodgers-38272.php

"Evidence also shows that 90% of tax money received by the government is wasted on criminal activities, such as entertainment for the Peodo ring at Number 10. which Cameron is covering up."


http://www.housepricecrash.co.uk/newsblog/2012/09/blog-book-launch-on-site-value-tax-37839.php

1. libertas said...

The Fair Tax Fraud: http://mises.org/daily/1814

There is No Such Thing as a Fair Tax: http://mises.org/daily/1975

The Flat Tax is not Flat and the Fair Tax is not Fair: http://mises.org/daily/3389

HEADLINE: Tax, since it extracts money from people by force, can never be fair, can never be moral, is based on the concept of central planning being superior to human action. Those who support tax over human action make the decision that a non-violent solution based on voluntary action without coercion and tyranny.

The only fair tax reform is a tax cut, but note, that the spending is a tax, since if it is not funded by tax it is funded by inflation, which is itself a tax with no exemptions: "What You Should Know About Inflation" Henry Hazlitt (1964) http://www.mises.org/story/2914
Friday, September 14, 2012 06:58PM Report Comment

2. libertas said...

Understand, that for any of you who claim to be Christians, taxation is a sin, since the Ten Commandments state:
8. Thou shalt not steal.
10. Thou shalt not covet thy neighbour's house, thou shalt not covet thy neighbour's wife, nor his manservant, nor his maidservant, nor his ox, nor his ass, nor any thing that is thy neighbour's.

This is why Christians were suppressed by the Roman Empire and other tyrannies which based their power upon the forceful re-distribution of wealth.

http://www.housepricecrash.co.uk/newsblog/2013/01/blog-print-trillion-coin-solves-the-crisis-38561.php
It is very clear that it is a sin to covet your neighbours property. To then achieve that end via government force, progressively increasing the re-distribution of wealth over generations has to be a greater evil.

It is very clear that theft is a sin. If government is not exempt from morality then tax is theft (this is a cornerstone of libertarian ideas).

http://www.housepricecrash.co.uk/newsblog/2012/02/blog-the-onward-march-of-home-owner-ism-36012.php
...libertarians are against taxation. I don't care if you try, but you can't put perfume on a pig and make it smell good. LVT is as rubbish as all the other taxes.

Monday, March 4, 2013 12:33AM Report Comment
 

11. mark wadsworth said...

Piddly is back on his devious and agressive top form, I see: "Of course corporations will avoid Land Value Tax. They will simply move their HQ to Ireland or USA or, transfer all their land holdings to third parties, as many have already done, like, they already don't own their properties as a tax scam"

As per usual, he has no evidence for that and we have plenty of evidence to say that the collection rates for land-value-based taxes like Business Rates are the highest for just about any of the bigger taxes, at about 98%. If they transfer the land holdings to third parties, then the third parties will have to pay the LVT. Quite how stupid is the people who make this claim that LVT is easy to avoid?

More history rewrites from Piddly:

"Just three generations ago, taxation was only 10% of the economy, based primarily on excise taxes and tariffs."

"... based primarily on domestic rates and business rates" is of course what he meant to say.

And taxes were never as low as 10%, because most taxes (rents) were just collected privately instead, all the money the landed gentry received directly from the paupers never showed up in the government's books, but the landed gentry WERE the government and therefore money paid to them for nothing in return was tax.

Monday, March 4, 2013 07:38AM Report Comment
 

12. nickb said...

Libertas
don't you have anything better to do than sit around and ruin otherwise sensible discussions with your ill thought out ejaclations? It's green ink nutters like you who give tinternet a bad name.
>The only way to protect the general public from taxation is to cut taxes for the general public!! We should learn from big corporations, that they are successful because they pay little tax, so we should attempt to emulate them.

this is your solution to tax evasion - universal tax evasion! and yet you claim not to be advocating a no tax society?
If corporations hide their land holdings by disavowing ownership the land in question can be taken into public ownership. In those circumstances the owners are, I submit, likely to come forward.

Monday, March 4, 2013 10:21AM Report Comment
 

13. mark wadsworth said...

Drewster @ 4, excellent point. You can add VAT to the list as well, which is mainly borne by the producer/supplier.

Monday, March 4, 2013 11:07AM Report Comment
 

14. Lars Bussholm said...

Mark Wadsworth - VAT borne by the supplier? No. It's borne entirely by the consumer. End of story. No wonder the rest of your comments don't make any sense if this is the level of your general understanding.

As for Stuartking, you seem to need an injection mate. The same ranting comment three times? Dear, dear. I expect your all upset about Eastleigh, eh?

Monday, March 4, 2013 09:10PM Report Comment
 

15. libertas said...

Nick B. Sorry you feel intimidated to rudeness when things do not go your way. It must be tough carrying such a burden.

Monday, March 4, 2013 09:21PM Report Comment
 

16. libertas said...

If you would not trust government to provide your shoes and your dinner, why would you trust them to run the country? For too long, we have turned our back on the market place, yet it is what produced the wealth we enjoy today.

Monday, March 4, 2013 09:22PM Report Comment
 

17. stuartking said...

Libertas, not only do you want no tax, now you want no government. Can you explain what your world would look like, how it would function? I'm genuinely interested in how you see it working out.

Monday, March 4, 2013 09:26PM Report Comment
 

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