With a rise in VAT, national insurance and income tax off limits, the Treasury has picked up on the idea that the financial sector is under-taxed
Solemn commitments have been made. David Cameron and Ed Miliband have wrung promises out of each other.
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![]() With a rise in VAT, national insurance and income tax off limits, the Treasury has picked up on the idea that the financial sector is under-taxed No comment yet.
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![]() From 2006 to 2007, roughly 100,000 clients secretly channeled over $100 billion through HSBC accounts. Of that, over $13 billion came from roughly 7,500 clients in Africa.
![]() To make matters that much worse, the over 2 million gallons of toxic water the oil and gas industry disposes of daily is pumped into the aquifer and poisons the diminishing underground supply at an alarming rate; so much so that well over a hundred...
![]() The companies’ former corporate parent sought to push down the price of the grain and reaped $5.4 million in illicit profits, the regulator said.
Anonymous Hades's insight:
Manipulate the books, the regulators will give you second looks.
![]() Consider the rise of both the working poor and the non-working rich, and the meritocratic ideal on which America's growing inequality is often justified doesn't hold up....
Anonymous Hades's insight:
US voters are the victim of a hideous con game created by the shameless of corporate personhood & perpetuated by the bold-faced liars of partisan politics.
![]() It can hardly be disputed that throughout Barack Obama's tenure as President, Republicans have not made one concession or presented one piece of legislation to benefit the people. Via Operation Deja Vu
Anonymous Hades's insight:
The grifters & freeloaders GOP leadership sold out to the backstabbers of corporate personhood years ago. The GOP party faithful are just now finding that out.
![]() Is water a free and basic human right, or should all the water on the planet belong to major corporations…
Anonymous Hades's insight:
When you see a CEO like this guy explain why corporations like his should have the right to carry off your drinking water to the market, while all the time proudly displaying his callous disregard for human life, please know that you are watching an agent of Behemoth at work.
![]() The French tax authorities, striving to combat fraud, keep replaying the hall-of-mirrors scene from Orson Welles' 1947 film The Lady from Shanghai where the jealous husband's shots keep hitting the lady's reflection in the mirrors, and eventually she escapes. It will be the same for the investigation into HSBC's Swiss subsidiary, HSBC Private Bank (Suisse), after a whistle-blower, computer engineer Hervé Falciani, leaked data on 106,000 accounts for 2005-07, including files that reveal the (...
![]() HSBC’s move to check the residency of Jersey account holders is part of a wider strategy by banks to avoid services that could put them in danger of hefty fines.
![]() Rep. Aaron Schock built much of his public profile using social media and while his online presence did not cause his undoing, it did showcase the high-flying lifestyle.
![]() Rep. Aaron Schock (R-Ill.) will resign from Congress amid a controversy over his spending habits, Politico reported Tuesday.
Anonymous Hades's insight:
The rest of the high-living freeloaders in Congress need to take a hint from Aaron Schock's actions and either repent, retire or resign!
![]() This state approved a measure to build the nation's first white-collar offender registry for financial felons. The NYT reports.
Anonymous Hades's insight:
This is an excellent idea! What would go nicely with this decision?: Mandatory minimum sentencing for the greediest and most craven white-collar criminals.
![]() With the release of a treasure trove of data about how HSBC helped clients shield income from tax collectors, more nations are asking France for the data, while other countries face growing demands from critics to do more in the hunt for lost tax... |
![]() The newest edition of The Destroyers features the photography of Marcelo Bernardo, Thomas Dodd.and via Adriana Janaina Poeta. The latest Karmic Radio playlist is up for review this week, while we await the return of TheSwarm.fm on Mixlr.
![]() President Obama delivered the message that Republicans least want to hear. Diplomacy can be difficult and time-consuming, but unlike the neocon war first ideology, it works.
![]() Taking a page out of a freshman Senator Tom Cotton's playbook, Senate Majority Leader Mitch McConnell issued a threat to the world's nations that America is an exceptionally deceitful country that cannot be trusted to honor its pledge to reduce...
Anonymous Hades's insight:
The sooner this guy and the rest of the 47 Traitors are in jail, the better.
![]() The man who raised $157 million from investors for Scott Rothstein's Ponzi scheme was held liable for civil securities fraud.
![]() The S.E.C. still has not put political-spending disclosure on its to-do list.
![]() In their desperation to undermine Obama, Republicans are undermining the very office of the presidency, no matter who sits in the Oval Office.
![]() Bill Whitaker investigates the biggest leak in Swiss banking history and examines HSBC's business dealings with a collection of international outlaws: tax dodgers, arms dealers and drug smugglers.
![]() Switzerland has agreed to share financial information with the European Union, making it much harder for Europeans to hide cash away from tax authorities.
![]() The Obama administration just can't win. Despite a crackdown on foreign mergers that help American firms slash their tax bills, a slew of overseas takeovers continue to rob the Treasury Department of tax revenue.
![]() Why are the super-rich whining so much? They rigged the game for themselves, but are terrified of being discovered
![]() Who is to blame? Well, us for electing politicians who are more amenable to political bribery than the public interest. But, also the politicians for accepting the bribes. And the corporations for making the bribes.
Anonymous Hades's insight:
Here are more reasons to get mad about the taxpayer-funded subsidies paid to the new welfare queens of the business world: The financial parasites of corporate personhood who pay big money to the bribe-taking, freeloaders in Congress who want to keep honest, hard-working voters broke and miserable
![]() Libor rigged (2012), FX rigged (2014), now we learn that GOLD & Metals are rigged. http://t.co/Je7pwY5lUF Is #HFT the next to be exposed? |