Top positive review
Excellent book on a sorry tale of UK Government collusion to reduce the UK tax take
on 22 October 2017
Excellent book and easy to read.
This is a book that anyone interested in the spiriting of vast sums from poorer counties or simply from the poor even in the UK should read. Billions of £'s disappear each year - the subject of profits or income that should be taxed that are not because (a) the laws are slack (b) HMRC is disinterested and ill-equipped because of poorly educated staff or cutbacks (c) governments are in thrall to business and scared stiff that any change to tax laws or to the proper imposition of existing laws will make them leave the country - even when to "leave" usually means no more than a few head office staff and some accountants and lawyers (d) illegalities.
Governments (whether Tory or Labour) have been transfixed by the desire to placate big business (small companies are badly treated as are medium wealth income tax payers as are those on benefits) because they are go to the same schools, speak the same language, jobs are available after politics or the civil service on company boards or in advisory businesses, the accountants and lawyers (whether in businesses being taxed or as advisors) are too high quality for those in government to deal with.
This is a depressing saga, made worse by years of neglect or stupidity or outright collaboration of government and its departments not just in the UK but on a worldwide scale. The short section on how to fix this needs much more colour and elaboration. No doubt that Brexit and Trump and the massive inequality of wealth are due in a large way to the results of many years (from the 19th Century) of despoliation of proper tax laws and collection. This book explains it well in a UK context but more from those like Richard Brookes, Richard Murphy and the Tax Justice Network is needed to make even a scratch on the teflon surface of this sorry tale.