So, a massively overpaid person who is based in Monaco, is ranked 103 in world wealth,

First, tackling the tax advntages the likes of Boots and tax haven exiles enjoy now will make the UK a more equal country, and that is proven to be of benefit.

Taxing a foreigner who lives in Monaco affects equality in the UK in what manner?

14 thoughts on “Facepalm”

  1. Richard is off to lecture the people at the Methodist Tax Justice Network in Birmingham tonight. Not going to be a hostile crowd.

    They will talk about Corporate Tax Dodging and how companies like Google don’t contribute value to the UK.

    If you want to go, you can email the Methodist Tax Justice network on their email address, [email protected]GMAIL.com

  2. Boots? I know we all hate Oil Companies or something, but what have we all now got against dispensing chemists? Sorry, he lost me at that point. Who is next for the two minute hate? Toy shops? Pet shops? Fishmongers?

  3. “will make the UK a more equal country, and that is proven to be of benefit.”

    Where is that proof?

    It’s a nonsense claim.

  4. Well, depending on how you redistribute the tax raised, it could increase equality, decrease equality, or do nothing to equality.

    Just sayin’.

  5. Ian B said: “Boots? I know we all hate Oil Companies or something, but what have we all now got against dispensing chemists? ”

    It was the target of a debt funded buyout and now makes no taxable profit.

    See: NGOs accuse Alliance Boots of avoiding £1.1 billion in UK taxes

    It still generates loads of economic activity that the state skims money from one way or another. It’s just that tiny, roughly 1%, slice of Boots’ £20+ billion turnover that the state no longer gets its grubby hands on that is the issue.

    It’s funny. Some people moan about corporations having too much power and influence yet they also want corporations to pay more tax. If they did, they’d have even more power and influence over the shits we keep electing.

  6. Great find on Twitter! The whole “discussion” shows him up for the what he is. Unable to answer questions, reason with the points, and has the audacity to walk away from it all with his nose up in the air.

  7. Yep, it’s hilarious to see Ritchie squirm on Twitter, where he can’t just delete his critics’ comments.

  8. Away from his own padded comfort zone, Murphy is shown up as the pompous ignorant vain spiteful bigotted shallow twat he really is.

  9. Heard on the radio today that Obama wants to tax unrepatriated profits of US companies held abroad due to the Unique Way In Which The US Assesses Taxes. At 14%.

    1. How is Ritchie going to square this with his principle of taxes being paid where profit is made?
    2. 14%? Against which will have to be deducted a credit for CT paid In Foreign. Which will, in most cases, be significantly more than 14%, thus eliminating any liability. Hence, Barry appears to be quite happy to annoy the multinationals whose money he no longer needs so as to please the clapping seals of his socialist base.

  10. Oh, god, he’s “proposing a US style passport tax” again… I guess he learned nothing from the last time that came up, except to more strongly moderate the thread.

    Anyway, I wonder how Ireland would treat a “research grant” from a “charitable” foundation?

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