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If Taxes Were Lower, Maybe Google Would Pay Them

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I haven't read the article but the second assertion is correct. ALL mainstream politicians from all the parties, for the last 25 years, have been complicit in avoiding tell us bluntly to our faces we have been living beyond our means. The modern school of politics teaches aspiring elected representatives to sugar coat and dumb down everything for the public into bite sized 20 second sound bites of meaningless empty slogans.

The last major UK political figure to face the nation and tell them the cold hard truth of what they were facing, at that time, was Ted Heath (his " we shall have a harder christmas than we have known for many years.....") and look what happened to him! Imagine if he had only had the benefit of the services and skills of the Tony Blair era spin doctors to sugar coat his problems for public consumption? How might things have been different?

The first assertion is patently naive. IF you give someone a legal means to avoid some or all tax they will do so - regardless of the rate. Corporations, unless run by or governed by some moral/religious driving force (e.g. Quakers, etc), have no social conscience. They exist to make money for their shareholders and nothing else. Any claimed social conscience related activities they may engage in is typically superficial and merely seen as a low cost way of maintaining good PR.

Edited by anonguest

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years ago i remember watch tv as a kid and F1 driver was on kids program. they had phone in . And the f1 driver said that if tax was 20% he would have stayed in uk. but since tax was 45% he lived in monaco as he could lose his job next year or have a crash and be able to get paiid. He did mention accountants explained it to him. Im not sure which driver it was

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The first assertion is patently naive. IF you give someone a legal means to avoid some or all tax they will do so - regardless of the rate. Corporations, unless run by or governed by some moral/religious driving force (e.g. Quakers, etc), have no social conscience. They exist to make money for their shareholders and nothing else. Any claimed social conscience related activities they may engage in is typically superficial and merely seen as a low cost way of maintaining good PR.

There's also a simple cost-benefit analysis. Creating complex structures to minimise tax does not come at no cost. They need to employ expensive finance and legal professionals in order to run their operations that way.

If you reduce the amount that the government is seeking to take off the top then there comes a point at which it's not worth the hassle.

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There's also a simple cost-benefit analysis. Creating complex structures to minimise tax does not come at no cost. They need to employ expensive finance and legal professionals in order to run their operations that way.

If you reduce the amount that the government is seeking to take off the top then there comes a point at which it's not worth the hassle.

ok ok ok. The "regardless of the rate" statement is obviously, strictly speaking, not 100% correct. Yes, at some point the rate gets low enough the cost effort of avoidance starts to outweigh the potential saving. Sure.

BUT, I think we can agree that, whatever it may be, is certainly going to be wayyyyyyyy lower than it is now.

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Nothing to do about who pays what.....it is to do with paying an equivalent of what your competitors pay.....at the moment the wealthiest pay the least those with the least pay the most.......unfair and unjust. ;)

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If Taxes Were Lower, Maybe Google Would Pay Them

And then again maybe they would not....

The main Corporation Tax rate in the UK has steadily declined in recent years from 28% in 2010 to 20% in 2015 but I don't see much sign of companies unwinding their avoidance schemes despite the fact the UK now has the lowest rate in the G7 and the joint lowest rate in the G20.

Edited by stormymonday_2011

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If taxes were on tangible things like land or resource use, rather than on flexible and adjustable things like profits or income, it would be much harder to avoid them.

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