The Great Tax Robbery
Posted: 22 Feb 2015, 09:57
The Great Tax Robbery - How Britain Became a Tax Haven for Fat Cats and Big Business by Richard Brooks
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The Great Tax Robbery is a must-read expose of the grubby underbelly of the UK tax avoidance industry. It’s a world in which corporate barristers advertise offshore scams, where corporate CEOs devise entire business plans around tax dodging, where high level collusion between government and tax dodgers results in ‘business-friendly’ laws that cost the country billions. It’s a complicated subject but, as you’d expect from a Private Eye journalist, Brooks is never dull to read. He writes with pace and conviction, a wry sense of humour and a sharp eye for the dark absurdity of the tax avoiders’ desperate tricks.
The book is also a trenchant defense of taxation as a tool for ensuring a just society. Brooks begins his book with a quotation from Oliver Wendall Homes: “I like paying taxes. With them I buy civilization.” And Brooks is clear to outline just what a fantastic bargain this deal is: “For every pound I earn I will pay around 7 pence for immediate access to professional healthcare for my family, 5 pence for my children’s education, 2 pence for living in relative security and 11 pence for pensions and social security for my compatriots.” Brooks shows that tax represents a cheaper and more efficient way to provide basic services than any private system ever devised. “If it were a club,” he writes, “only a fool would not join.”
But the super wealthy are enjoying the benefits of the club without paying their membership fee. These spongers include not only rich individuals like Philip Green, Lord Rothermere (owner of the Daily Mail) and virtually every Premiership footballer, but also countless corporations that make money in our economy: Apple, Starbucks, Vodafone, Cadbury, Google, Boots, Nike, Barclays and too many others to name.