Quote:
Originally Posted by martyh
and this is what he actually said
It is easy to misconstrue his meaning but i actually think he means he wants to encourage wealth into the country by means of tax concessions ,he just didn't say it very well
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it sounds admirable but there has to be guard we cant be seen soft touch. If all countrys stopped tax havens we would be better off in the world. Infact go the other way what would happen to worlds governments if we did not tax them.
Problem with those believe the world owe them something in return providing jobs. Which we should look it another way they should be thankful people buy there services/goods if that did not happen they would be stumped out of business.
The other some these people have used public state to pay low wages to maximise profits let state use tax credit.
Maybe if they asset to the country ie pay enough wages to all staff to eliminate tax credit. Dont use practices to not pay tax then as reward they get this tax reduction.
Just giving it to all to me sends wrong signals of being soft touch that we too cosy, too frightened.
nomadking I would assume capital raised by individuals in uk would be taxed.
Now if he got property in three different countries then its his problem not uk would be taxed accordingly.
One issue dont like those who move about ie live here 6 months somewhere else to circumvent being taxed some worse 3 months everywhere.