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Of course people are morally right to avoid taxes! Only an idiot would act otherwise. You simply organize your affairs so that you comply with the fiscal rules
by vixen99 11y ago
Of course people are morally right to avoid taxes! Only an idiot would act otherwise. You simply organize your affairs so that you comply with the fiscal rules and
"No man in the country is under the smallest obligation, moral or other, so to arrange his legal relations to his business or property as to enable the Inland Revenue to put the largest possible shovel in his stores. The Inland Revenue is not slow, and quite rightly, to take every advantage which is open to it under the Taxing Statutes for the purposes of depleting the taxpayer's pocket. And the taxpayer is in like manner entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Inland Revenue"
-- Lord Clyde in the case of Ayrshire Pullman Motor Services v Inland Revenue [1929]
As to the objection to low tax locations:
'It’s pure tax protectionism: governments don’t produce widgets, so they are all in favour of free trade in widgets; but they do produce taxes, so they want to keep out the competition. Low-tax jurisdictions act as a safety valve that makes it harder for politicians to oppress their citizens with crippling taxes'.
Eamonn Butler: http://www.adamsmith.org/blog/ http://www.adamsmith.org/blog/
In the EU, merely trying not to buy goods subject to VAT is a tax avoidance measure!
- johnchristopher 11y ago> Of course people are morally right to avoid taxes! That's a major postulate. Especially regarding the morality of it and the practicality. Frankly that's another debate and I think we can already agree to disagree. I'll point out that Google is not people though and the mass of money being evaded that way can't be justified in the eyes of the people down the social ladder who are told to buckle up their seat belt once again because the 'conomy is crashing again and they are going to need to make sacrifices to save banks (again).