Art, Writing, and Learning: The Clerisy Quarter => Discussion and Debate - The Philosopher's Plaza => Topic started by: Jubal on March 06, 2011, 01:32:30 PM
Title: The Banks and tax dodging
Post by: Jubal on March 06, 2011, 01:32:30 PM
The bank HSBC has recently announced it may move to Hong Kong in order to dodge UK taxes. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8363584/HSBC-reveals-plans-to-quit-London-for-Hong-Kong.html (http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8363584/HSBC-reveals-plans-to-quit-London-for-Hong-Kong.html)
Do you guys think it's fair that multinational corps. should be able to bounce around and find tax havens in this way? How would you stop them, indeed is it possible?
Title: The Banks and tax dodging
Post by: Son of the King on March 08, 2011, 11:47:43 PM
Flatmates...
i think that it is fair because they are more intelligent than us. and they also did all the sneaky work to get our money in the first place. we just have to accept our inferiority