Ritchie asks a good question

How to tackle those multinationals who aren’t paying their tax?

Prosecute them, obviously. We’ve got the law which determines how much they should be paying, if they’re not paying that then Book’Em Danno! and prosecute.

Hmm, what’s that? Why can’t we do that?

Oh, they are paying what the law says they should pay are they? So, what’s the problem you’re trying to solve here?

7 thoughts on “Ritchie asks a good question”

  1. It is actually a good question, and one with an obvious answer: stop taxing the company (clearly getting too complicated) and tax the Capitalist directly instead.

  2. They appear to think the tax due is what they think it should be rather than what the law said.

    I got banned by Maugham for pointing out that a QC should know that what matters is what the law says, not what he thinks should happen ….

  3. Elsewhere…..

    Anyone else notice that the Murphmonster is against one particular tax grab? The removal of personal allowances at incomes above £100k results in a effective 60% tax rate for the next c£20k of income and Murphy thinks this ‘anomaly’ should be removed.

    Anyone want to take a guess as to who is now earning in excess of £100K?

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