It’s not a ruse it was the declared damn aim

There are some staggering ideas in those selected quotes, not least the revelation that the threat of international tax competition was knowingly a ruse to support low taxation of wealth.

At least it was the claim from me these past two decades. The point of tax competition is to limit the amount government can extract from our hides.

4 thoughts on “It’s not a ruse it was the declared damn aim”

  1. They used to call this, and some other things like it, ‘social dumping’ but, oddly, the phrase never really took off.

    I always thought it was a jolly good idea, and said so, loudly, to anyone daft enough to listen. I certainly was not coy about it and, given that at least some policy makers two decades ago had that lefty name tag – ‘social dumping’ – applied to it, I do not suppose they were, either.

    In short, this is not a revelation.

    I’ll go further. It seemed to me at least tolerably clear that part of McRuin’s strategy was always to pluck the goose of the British economy at a marginally less ruinous rate than was happening in comparable nations.

  2. Dennis, Whose Own Mental Health Is Never In Doubt

    At least it was the claim from me these past two decades.

    Yes, but you’re a neoliberal, so he never bothered to read what you wrote.

  3. At least it was the claim from me these past two decades. The point of tax competition is to limit the amount government can extract from our hides.

    Indeed, this is what really iritates Spud, that those of us who feel we are being fleeced at too high a rate decide to up sticks to elsewhere that doesn’t fleece us at the same rate. “That never happens” says Spud, but the reality is that it does and although HM Treasury deliberately avoids (or even evades) mentioning about “Behavioural responses to changes in taxation”, behind closed doors they damn well do, since HM Treasury and HMRC know full well that they will be held responsible if the tax reciepts go down due to the Chancellors tinkering as they found out with both Gordon “The Cyclops” Brown and Gideon Osborne’s tax fuckenings which still need to be reversed.

    For myself, it was when my tax bill for a single year went over £30,000 and I realised that I could do the same job (working all over Europe) from the Isle of Man and the difference in taxes would more than pay the costs of renting a small house there and the additional transit flights to and from Manchester Airport.

    So because of the excessive greed of HM Treasury and HMRC they lost the tax income from some of my most productive years from 2009 until 2015.

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