Thursday 9 November 2017

The Paradise Papers

The Paradise Papers - truthfully they sound far more exotic than they actually are.  It should be a spy novel by Graham Greene turned into a four-part Sunday night drama, rather than documents outlining people's offshore tax avoidance arrangements.

It would all be completely, achingly dull except for the fact that by using these arrangements the super-rich are actually siphoning away funds from the less well-off by avoiding paying tax on it.

Money that could be spent on hospitals, schools, libraries, subsidised rural bus routes etc.  You know, the things that ordinary people need, and the sort of things that the super-rich are probably unaware even exist.

The phrase that I keep hearing repeated on the news is that 'this arrangement isn't illegal'.

But what I want to shout back at the television - and have been known to - is 'it may not be illegal but it's immoral!'

What I can't understand - and I don't think it's just because I've never had large sums of money that need to be squirrelled away to the Bahamas or similar so it can have a holiday in the sunshine - is why anybody would think that this is OK.

If you call yourself a British citizen, if you decide to live here and abide by the laws of the land, then it surely follows you must contribute to the society in which you choose to reside?

If you're a British sportsperson, who proudly drapes the Union Flag around your shoulders while you balance atop the rostrum singing the National Anthem and smiling broadly, then pay your taxes in the country that you state you're so proud to represent.

Similarly, if you're a large company, making squillions of pounds out of ordinary citizens in this country by flogging them expensive phones etc, at least make sure you're paying a decent amount of corporation tax on those massive sales.


Hiding huge sums of money in offshore bank accounts to avoid paying UK taxes is unfair, it's immoral, and it should be illegal.

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