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27-03-2005, 13:24

No not Gypsies, Travellers, benefit fraudsters, dole-ies, the youth of today, drug users etc

but.......

"The world's richest individuals have placed $11.5 trillion of assets in offshore havens, mainly as a tax avoidance measure. The shock new figure - 10 times Britain's GDP - is contained in the most authoritative study of the wealth held in offshore accounts ever conducted.
The study, by Tax Justice Network, a group of accountants and economists concerned at the escalating wealth held in offshore locations, shows that the world's high-net-worth individuals earn $860 billion each year from their assets.

But there is growing alarm among regulators and campaigners because exchequers worldwide are missing out on at least $255bn of tax each year. Governments appear unable, or unwilling, to prevent the rich employing aggressive strategies to minimise their tax liabilities......

.....This has resulted in the wealthy becoming less inclined to associate with normal society and feeling no obligation to pay taxes.'

http://observer.guardian.co.uk/busin...446120,00.html

27-03-2005, 13:24	#1
andyl Guest Location: Bury Services: NTL 2MB Broadband, x2 phones, digi TV. Posts: n/a	Pay Your Tax Like The Rest of Us! No not Gypsies, Travellers, benefit fraudsters, dole-ies, the youth of today, drug users etc but....... "The world's richest individuals have placed $11.5 trillion of assets in offshore havens, mainly as a tax avoidance measure. The shock new figure - 10 times Britain's GDP - is contained in the most authoritative study of the wealth held in offshore accounts ever conducted. The study, by Tax Justice Network, a group of accountants and economists concerned at the escalating wealth held in offshore locations, shows that the world's high-net-worth individuals earn $860 billion each year from their assets. But there is growing alarm among regulators and campaigners because exchequers worldwide are missing out on at least $255bn of tax each year. Governments appear unable, or unwilling, to prevent the rich employing aggressive strategies to minimise their tax liabilities...... .....This has resulted in the wealthy becoming less inclined to associate with normal society and feeling no obligation to pay taxes.' http://observer.guardian.co.uk/busin...446120,00.html