On the subject
of tax havens I saw in the Telegraph on Sunday that Daniel Hannan, Member of
the European Parliament has had something to say.
He has an
ability to attract coverage in the media, has commented in favour of the
function and purpose and tax havens claiming that they are perfectly legitimate.
Does this apply to all their customers?
My quibble
with all this row at present is that it is far too simplistic. There is tax
manipulation. There is the tax politics, who actually pays and who doesn't re
the structure and working of the many different tax authorities.
Also, who
these answer to, are guided by and who are integral to the determination of
general taxation. So there is also Tax Theft as well as those away with the
fairies who live in the Magic Money Trees.
Dan boy has
stated that there is nothing wrong with tax havens and they fulfil a much
needed purpose for business and those with lots of spare.
It would make
an interesting question to answer on an examination paper in political
philosophy.
"Define
perfectly legitimate".
Imperfectly legitimate might be a more legitimate claim.
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