asterisk2a + taxevasion + corporate   10

Paxman interviews economist Thomas Piketty - Newsnight - YouTube
IT IS ALL A MATTER OF DEGREE. thus you have to marry liberalism & conservatism, throw the junk out. u get liberal-conservatism. The rise of the working poor & squeezed middle class had not been good 4 economic growth & vitality. || +Thomas Piketty on Wealth, Income and Inequality >> watch?v=zytqTSh3oGw || + || + << Edward Conard WRONG! || +++ What the 1% Don't Want You to Know with Paul Krugman - watch?v=QzQYA9Qjsi0 "All men are created equal" NO MORE. 'commanding heights' >> + market income inequality vs disposable income inequality ... "We live in such an ugliness in America." || Wealth Concentration is a agglomeration of Politica & Public Policy Power. || + Robert Reich >> v=q-rpkZe2OEo || v=heOVJM2JZxI
Thomas  Piketty  economic  history  inequality  income  inequality  income  mobility  social  mobility  Gini  coefficient  gender  inequality  gender  equality  equality  book  extremism  extrem  economics  ethics  moral  beliefs  trickle-down  economics  corporate  governance  governance  democracy  Politics  Career  Politicians  lobby  Lobbying  lobbyist  Political  System  accountability  transparency  income  redistribution  wealth-distribution  transferring-wealth  wealth  distribution  GDP  Super  Rich  property  rights  crony  capitalism  capitalism  working  poor  squeezed  middle  class  middle  class  josephstiglitz  Joseph  Stiglitz  paulkrugman  Paul  Krugman  Robert  Reich  disposable  income  wealth  redistribution  transfering  wealth  social  safety  net  Grundeinkommen  tax  credit  tax  free  income  Unconditional  Basic  UBE  progressive  kalte  Progression  coldprogression  history  trustagent  distrust  trust  confidence  Mobile  Creatives  Mobile  Creative  skill-biased  technological  change  skill  skills  capital  skills  knowledge  worker  White-collar  Blue-collar  taxevasion  taxavoidance  net  wealth  offshore  banking  extreme  concentration  of  wealth  happiness  happiness  index  G  Zero  G20  global  registery  of  financial  assets  corruption  job  creation  on  job  training  job  market  Patrimonialism  patrimonial  capitalism  eureka  wealth  working  inher 
may 2014 by asterisk2a
BBC News - Starbucks 'paid just £8.6m UK tax in 14 years'
Starbucks had generated over £3bn in UK sales since 1998 but had paid less than 1% in corporation tax.


Campaigner Richard Murphy from Tax Research UK, who was consulted by the Reuters team as part of its investigation, said: "Starbucks are playing the game here. This is tax avoidance, they're doing nothing illegal. That doesn't mean to say it's right, in my opinion," he told BBC Radio 5 live.
ethics  moral  tax-system  tax-code  taxevasion  starbucks  corporate  culture  corporate  governance 
october 2012 by asterisk2a
BBC tells stars to dodge tax: Workers face the ultimatum, go off the books or face the sack | Mail Online
"A corporation source acknowledged that some workers were effectively being forced to comply with the legal tax dodge.

[...] A top celebrity agent said the BBC used the practice to avoid paying national insurance, pension contributions and other benefits due to regular staff. The agent said many presenters ended up paying more tax than if they were on staff contracts."

Not Cool, ... BBC highest paid (incl Paxman) use legal work-around to reduce tax bill and insurance contributions.
While at the same time coming down hard on, arguably more crummy, tax practises like tax havens.

But if I remember well, Newsnight DID report on UCAS CEO who uses as well a services company to reduce tax bill and insurance contributions. As others do as well ...

Read more:
transparency  taxation  taxevasion  moralhazard  ethnics  double-standard  corporate  governance  BBC 
july 2012 by asterisk2a
Pension Pulse: Rottenness of the World?
On that gloomy note, I leave you by recommending Joe Nocera's New York Times article, Sheila Bair’s Bank Shot. Like Brooksley Born, Ms. Bair tried to do the right thing but she realized her efforts are futile. The reality is that no matter what measures regulators implement to reign in banks, the rottenness of the world always prevails.
society  culture  inequality  wallstreet  lobby  lobbyist  Lobbying  interestgroups  money  power  politics  accountability  fraud  taxevasion  capitalism  corporate  crisis  sovereign  debt  GFC  sheilabair  brooksleyborn  larrysummers  greenspan  robertrubin  policy  folly 
july 2011 by asterisk2a
Corporate Tax Avoidance | zero hedge
“The social crisis facing the country as a result of the most egregious plundering in modern American history will spell the end of the “high end” theme. Buying into this trend now is like getting long Marie Antoinette’s unsevered head in 1792.”
USA  corporate  taxevasion  2011  taxation  loopholes  fraud  capitalism  lobby  lobbyist  Lobbying  inequality 
july 2011 by asterisk2a
Over The Past 4 Years News Corp Generated $10.4 Billion In Profits And Received $4.8 Billion In "Taxes" From The IRS | zero hedge
News Corp, which after generating $10.4 billion in profits over the past 4 years, and which would have been expected to pay the IRS $3.6 billion at the statutory corporate tax rate, instead received $4.6 billion back from Uncle Sam. Bottom line: Murdoch's corporation had a cash paid tax rate of -46% between 2007 and 2010. The culrpit: two little somethings called Deferred Tax Assets and Net Operating Loss Carry-forwards.
IRS tax loopholes as deferred tax assets and NOL carryforward? Not entirely.
+ Hundreds of Offshore Accounts.

News Corp. has 152 subsidiaries in tax havens, including 62 in the British Virgin Islands and 33 in the Caymans. only Citigroup and Morgan Stanley have more tax haven subsidiaries than News Corp., a 2009 U.S. Government Accountability Office study found.

However, in the interest of objectivity, News Corp. is merely one of many corporate transgressors who take full advantage of the massive loopholes in America's tax code.
USA  taxation  taxevasion  corporate  tax  newscorp  rupertmurdoch  offshore  IRS  barackobama  presidency  2011  fraud 
july 2011 by asterisk2a

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