Shafted.

 

         Philip Green has been in the news recently for his usual talent of sucking companies dry, throwing their millions at his wife's account, of course all tax free, as she lives in Monaco, but Philip is not alone in this screwing the British tax payer. As a mater of fact, it is quite common practice among our large and wealthy companies. During the year 2017 the number of very large and rich companies that made a profit, but contributed nil to the UK tax pot is a list of very well known names. Though these figures are from 3 years ago, they are still playing the same game of shafting the public to enrich the company and its shareholders. What is even more disgusting, is that some of these corporate giants, despite making a profit, were handed a tax credit of millions. Which means that instead of them contributing to the wealth of the country, we the tax payers helped them pay their CEO and shareholders larger payments.

 

          Almost one in five of Britain's biggest companies paid not a penny of corporation tax in the UK last year, it can be revealed. The Mail on Sunday has managed to obtain the details of the tax paid by 69 of the FTSE 100 group of largest companies on the stock market – many of which do not publish these figures in their annual reports. The remaining 31 refused or failed to respond to repeated requests to disclose their tax payments.
       Where details could be obtained, 13 firms – equivalent to one in five of the 69 that came clean – either paid no corporation tax in Britain or received a tax credit from HM Revenue & Customs. The list includes household names such as BP, Royal Mail and British Gas owner Centrica. Usually firms pay corporation tax of 19 per cent of their total profits.
       BP made £5.6 billion in profit last year – yet still received tax credits worth £134million. That meant it was a net receiver of tax money in the UK, rather than contributing to the cost of running the country where its shares are listed.
       Some firms are even paying their chief executives more than they pay in tax. Royal Mail boss Rico Back stands to earn £1.4million this year on top of a £5.8million 'golden hello' for joining the company. This payment might appear unremarkable given that the company, which was privatised in 2013, made £39million profit in the UK last year and £212million globally. But it can now be revealed Royal Mail's UK profit was then increased rather than reduced by tax, thanks to a huge tax credit of £93million - the second largest in our survey - of which £78million was attributed to a pension 'accounting adjustment with no cash benefit', according to the company.
       The findings will raise concerns big businesses are failing to pay their fair share towards schools, hospitals and UK infrastructure. None of the companies assessed by The Mail on Sunday is accused of acting illegally, but most have used UK tax laws to reduce their payments from the amount they might have been expected to pay.

        Of course I'm not drawing attention to this in the hope that our corporate friendly lords and masters in The Westminster Houses of Hypocrisy and Corruption, will introduce a set of fairer laws to stop this. There isn't a hope in hell of that, since most of them are shareholders and on very friendly terms with the tax "evaders". No, I'm hoping that these facts might raise the anger level of the general public enough to bring this whole stinking greedfest of the parasites to an end. Then we can start to reconstruct society in a fairer and just manner that sees to the needs of all our people. We don't need them, but to continue to keep their snouts in the public trough, they need us to be submissive and look the other way. Will we comply?  

Visit ann arky's home at https://radicalglasgow.me.uk 

Capitalism, The Cheats Paradise.

      Our babbling brook of bullshit, the mainstream media is all in a flutter of the Panama leaks, which seems to suggest that some rich millionaires might be fiddling the books, surely not!!! From what they've printed, it seems to be all the bad guys that the west doesn't like, We have Putin linked, Gaddaffi, is mentioned, Mubarak, and Assad are mentioned, of we all know that no Western leaders would be implicated in such dirty dealings, we are democratic. Believe that and you'll believe any bullshit. There is a mention of PM Cameron's daddy being involved in what they call creative accounting. "Off shore" is a euphemism for very large pig trough.

        It would be more interesting to see who among the UK pampered parasites are not involved. We expect the lot to have their greedy snouts firmly tucked into the trough, while posing in photo ops as upstanding individuals. They inhabit a stewpot of self interest, greed and corruption. No doubt some will still manage to tut-tut at it all.  They are all underhand wheelers and dealers, that's what they do, It does get awful close to Lizzie's associates: (Elizabeth Windsor's family bank Coutts & Co are implicated in the Panama Papers scandal. They made 487 tax haven firm start-up requests to Mossack Fonseca, making them one of the most prominent applicants to tax haven schemes.) Time to clean the pig shed out.

      To me this isn't news, it is the way they do things, though it is satisfying to see the dirty washing being hung out to dry. Who needs them.

Visit ann arky's home at www.radicalglasgow.me.uk

ROTTEN AT THE HEART.

      There is something rotten at the heart of the state. It is a system of repression, corruption, hypocrisy, greed, and stinks the air we breathe.
This from The Greek Streets:

Journalist Vaxevanis was just arrested after publicizing the list of Greek taxdodgers

Sunday, October 28, 2012

       Today is national day in Greece, forces of police and military police are guarding the army parades and the governmental politicians who will are watching them. At the same time, police one hour ago raided the house of a journalist who published a list with Greek tax-dodgers two days ago. The list that the  journalist Costas Vaxevanis published was available to the Minister of Economics for a couple of years now, who had decided to keep it secret and take no more actions.

       Greece, but it could be any where in the Western world, like I said, there is something rotten at the heart of the state.

ann arky's home.

THE COUNTRY, LIKE THE STREETS, BELONGS TO US.

 

      Saturday 20th October the STUC, has called for a massive march and rally in Glasgow, to protest against the coalition government's policy of cuts. There will be on in London on the same day. Let's be clear on this, this is not a trade union protest. It is a national protest of trade unionists, unemployed, pensioners, disabled, students, teenagers, unpaid carers and housewives. This is not a battle of trade unionists against the government, it is a people's protest against the cabal of millionaires who are shoving their ideology down the throats of the ordinary people. Nothing in this ideology was ever in their manifesto, they don't have a mandate to impoverish the people of this country for the benefit of the banksters. They don't have a mandate to build corporate fascism in this country at the behest of the financial Mafia, nor do they have a mandate to sell off the people's assets to their millionaire friends in the corporate world. No where in their manifesto did it say we will privatise the National Health Service, we will decimate your education system, we will close libraries and nurseries. The election and their much publicised manifestos were,  no more than a sham, a con-trick, what they say before the election and what they do after, have no relation to each other.

 

 

 

      So let's make this people's protest against this dictatorial elite of pampered millionaire parasites, this cabal of privileged leeches, the biggest and noisiest this country has seen in many a year. We will not accept poverty imposed on us by millionaires who know nothing of our problems, who are products of plundered wealth, tax dodges and privileged upbring.

      While they stand in expensive suits, and preach to the general public that sacrifices have to be made, tough decisions have to be made, knowing full well that such tough decisions and sacrifices, will in no way impinge on their lavish, unearned lifestyle. They can never see the decimation they are deliberately heaping on the ordinary people, as they always have one eye on their shareholdings and another on their bank accounts.

     This protest must shout loud and clear, we the people are the country, we will decide how this country will be run, and it will be run for the benefit of all our people, we will see to the needs of all our people, we will not starve our children nor sacrifice their future to fatten banksters and bond market gurus.

     October 20th. Take to the streets, fill Glasgow to overflow, with noise, and determination. Don't wait for the STUC to contact you or inform you, form your own group, contact other local groups, Clydeside IWW, Glasgow Anarchist Federation, but turn up, be part of this. Let this be the start of complete solidarity between employed, unemployed, pensioners, students, disabled, teenagers, unpaid carers and housewives. It is your world or it is their world, they are not prepared to compromise, under no circumstances should we, we have the the lives of our pensioners and the vulnerable of society and the future of our children and grandchildren, in our hands.

 

ann arky's home.

 

 

 

 

MASTERS OF HYPOCRISY.

       Came across this on Lansbury's Lido and thought it was a nice way to say what we all know but the media fail to mention. A little display of the millionaire cabal's inbred hypocrisy.

ann arky's home.

BONUSES FOR PARASITES OR JUSTICE FOR ALL???

        

         With the boss of Barclay's, Bob Diamond, being burdened with a £6.5 million bonus, heaped on top of his more than ample salary, while the rest of us face savage cuts to our standard of living, we should be seeing more of this sort of thing. Why does the British public accept the injustice of this system? Those responsible for the financial mess are rewarded with bonuses in the millions while the sick, the vulnerable and the poor are having their benefits cut. The ordinary people are seeing services cut, libraries disappearing, schools closing, unemployment rising as well as fuel and food prices rising at an alarming rate. Meanwhile the culpable parasites still suck the system dry and are protected by their millionaire friends in government. There is an alternative but the rich and powerful don't want you to think about that, just knuckle under and accept the "austerity cuts" leave the wealth and power to the pampered parasites. The choice is ours, take what they throw at you, or fight back for a better system based on mutual aid, justice and sustainability. A system that sees to the needs of all those in that society, not to the pampered profit drive few.

ann arky's home.

TAX DODGERS OF THE HIGH STREET.

      This is just a few of the big wealthy businesses that are ripping off the British tax payer while the government turns a blind eye and swings the hatchet at public services. We in Britain are being mugged by a gang of public school thugs. As far as I am aware, mugging is a crime against which you are entitled to fight back in self defence, you can legally take what action is necessary to defend yourself. Hit back hard.

BHS:
        BHS is part of the Arcadia group, owned by Sir Philip Green. Well no, not really, because he gave it to his wife, who doesn't actually work there at all, but she lives in Monaco so doesn't have to pay income tax. This costs Britain around £300 million. That's enough to pay the full £9,000 hike in tuition fees for 32,000 students. Or, the salaries of 20,000 NHS nurses.
      To make matters worse, David Cameron sought advice from billionaire Sir Philip Green on government cuts, We are not really “in this together”.

    WHERE DID ALL OUR MONEY GO? 

     HE SENT IT OFF TO MONACO!

VODAFONE:
     Vodafone owes the UK an estimated £6 billion in avoided tax. This money would cover most of the £7 billion per year cuts to the welfare system.
     It's not only Britain where they aren't paying up. Vodafone owes the Indian government £2 billion in tax from buying an India company. This could save millions of people in India dying from starvation.

     THEY SAY TOP UP!      

       WE SAY PAY UP!

LLOYDS TSB:
     The Lloyds banking group was bailed out by the government after taking too many risks with our money. The bail out cost the British public £850 billion, that's 95% of this country's deficit. Yet we are the ones facing cuts – not the bankers.
     In fact these banks are actually promoting tax avoidance by encouraging wealthy customers to channel money through China.
     Pay them a visit and picket their premises, organise demonstrations to let the public know what they are up to. You are being asked to pay the shareholders bonuses by taking a cut in your standard of living, don't swallow the crap, fight back.

ann arky's home.

NEWS CORPORATION.

     

     A short profile of Rupert Murdoch taken from Class War,  his influence spreads far and wide, so you should know a little about the man.

     Rupert Murdoch is News Corporation, an organisation that has evaded, (avoided) paying what would be considered his fair share in tax.

      Some of Murdoch's tax avoiding assets: Fox, Sky, The Sun, News of the World, The Times, The Financial Times, and Myspace.com. He is rated as the 117th richest person in the world with a net worth of $6.3 billion

        He is a union hater and according to the Economist in 1986 Murdoch helped to smash the British print unions by transferring the production of his newspapers to a non union plant at Wapping in East London. He stated that he would dismiss the 6,000 striking workers who were trying to win some concessions out of the media billionaire. The London Evening Standard called the episode, "the biggest union-busting operation in history."

      According to a BBC report; "Mr Murdoch's die-hard loyalty to the tax loophole has drawn wide criticism." The report found that in the four years prior to June 30, 1998, "Murdoch's News Corporation and its subsidiaries paid only $325 million in corporate taxes world wide. That translates as6% of the $5.4 billion consolidated pre-tax profits for the same period. By comparison another multi-national media empire, Disney paid, 31%. The corporate tax rates for the three main countries in which News Corp. operates - Australia, the United States and the UK - are 36%, 35% and 30% respectively. Further research reveals that Mr Murdoch's main British holding company News Corp. Investments, has paid no net corporation tax within these shores over the past 11 years. This is despite accumulated pre-tax profits of nearly $3 billion." 

    So in keeping with the feelings of the ordinary people about occupying and picketing bailed out bankers and tax dodgers we could start a boycott campaign against the tax dodging anti-working class newspapers who will be peddling the crap put out by the millionaire cabal at the Westminster House of Hypocrisy and Corruption, that these cuts are necessary.

ann arky's home.  

THE PEOPLE STRIKE BACK!!!

     The people strike back: http://www.indymediascotland.org/node/22138

     More and more we are seeing people from all across the political spectrum taking direct action against the gambling casinos they call the financial sector and the tax dodgers of the corporate world. People are beginning to show their anger at the gamblers blowing their lot in the casinos of the financial world, then coming with the begging bowl and being given billions of tax payers money only to pay themselves massive bonuses and run straight back to the casino. At the same time telling us we have run up too much debt because of the money we have loaned them, so we will have to decimate our welfare services to save the bond markets losing some of their money.

       Do we have to put up with Vodafone's £6 billion tax fiddle and the new boss of Lloyd's getting a £7 million pay package, while we are told to tighten out belts and head to the nearest charity to get help for our kids? The list of tax evaders, (dodgers) is so common place that they are quite blatant about it all. It ranges from Vodafone to Google, to Murdoch's News Corporation, from Ashcroft to Green, billions of what should be tax paid to society is siphoned off into private coffers or poured back in to their business to increase bonuses to shareholders.

      Recently we have seen banks being occupied and picketed along with Vodafone, this justified action is simple to organise and effectively hits them in the pocket as well as showing other people that there is a way to get back at the greed machine that is set to shred our standard of living. Watch for what is going on in your area and join them, those involved are ordinary people, working, unemployed, pensioners. After all it is the ordinary people that are being squeezed but we don't have to take it lying down.

ann arky's home.