I don't think Peter has said it is right to encourage greed, just that there are legal and illegal ways to avoid/dodge/reduce taxes. I didn't read it as his opinion, just a few facts about legalities. I think people may be reading into things what they want to - and that isn't a pop at anyone at all! I just think we are becoming a little entrenched. Me too, probably!

Keith Sansum1
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Guest 710- Registered: 28 Feb 2011
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Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
Yes maybe this thread should be closed before it gets all silly again
Keith Sansum1
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bern; there may be a little truth i what you say,
but i hold a very open mind.
as has been said it becomes difficult when you see these legal/illegal abuses every day
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That doesn't mean they don't exist. Faffing about opining about the obviously factual legalities won't change them. Seeing them and working for change if you oppose them might.
As post 764
Keith Sansum1
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BERN;
That's probably where we agree.
and forum's such as these is one of many ways to highlight such injustices
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As post 764
Keith Sansum1
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im sure bern that reg is also campaigning in other areas to highlight these very issues
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Bern are you happy with what he above says?
Keith Sansum1
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think reg consistent
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Guest 671- Registered: 4 May 2008
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Bern.
I was not referring to Peters post at all, except for agreeing with his "That would lead to a fairer society and a bigger tax takes"
The rest of the post was my take but I can see that I might have mislead you, my apologies to you and Peter.
I think a lot of mistakes are made in mis -reading other's post's, with no blame attached to anyone. Like the post I have just made, proves we should all be a bit more thoughtful.
I was agreeing with Peter's point and then carried on with mine and it looked as though I was having a pop at Peter but in fact, I wasn't, if that makes sense?
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
Keith Sansum1
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garyc
wekl done boyo, nice there are so many differing views such a good thread
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Jan Higgins
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I have to partly disagree Gary, I believe the wealthy would be prosecuted with an illegal loophole.
I definitely wish there were not so many legal ones for them to wriggle into, these are the ones that MUST be closed permanently. The trouble is is there a will from governments of any colour to do so, they certainly seem to be in no rush when these loopholes appear.
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I try to be neutral and polite but it is hard and getting even more difficult at times.
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GaryC, we agree on many issues! I am sorry if misread - I do think we all become a bit entrenched including me! I will be more careful.......

Keith Sansum1
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jan;
think a lot of posters share your view
unfortunatly though the legal loopholes and come to that the illgal loopholes
these are friends of those that make the law in the first place
so thats why they tinker around the edges
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Guest 671- Registered: 4 May 2008
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Jan.
You might be right but that is only when they are caught, which also applies to everyone of course.
But the complex structure of these loophole's and other such practises, outside of the Tax System is such, that it is harder to detect and prove.
Going away from Tax issues but to illustrate what I am trying to say, is this.
This happened to me some years ago and is a fact. I opened a bakers shop in Deal and was ripped off by a shop fitter that was recommended to me by my financial assistant at the bank and approved by my accountant. Its a long story but he took my money and money from another bakers in Whitstable, about £150,000, all told and legged it to Spain.
I tried very hard to pay my debts off but went Bankrupt in the end.
The same day, in the same office, a friend of mine also went bankrupt, he owing the bank lots of money. A few weeks later I was called to my bank because they were considering closing my bank account. By coincidence, my friend was also in the bank and I asked him if he was having his bank account closed. No, I'm here to borrow £200,000 to buy some land to build houses on. But I thought you had gone bankrupt the same as me, I asked? No not me, that was my former company, that had loads of debt, I now have a new company.
He came out, from his appointment with his loan and I came out of mine, still having a bank account, by the skin of my teeth.
He is now a wealthy man.
Now, don't get me wrong on this, I have no problem with him or what he did, he is still a good friend of mine. He used the system,where
I am 100% certain, that I would not use the system, even if I had the money to do so.
That does not make me better than him, it just makes me different, each to his/her own.
What I think should happen is that these anomalies should be removed, so that they cannot be taken advantage of, giving us all a level playing field. But the cynic in me say's that will never happen because the people who introduced them and still allow them, all use them to their advantage.
Again I am with Peter's "That would lead to a fairer society and a bigger tax takes"
"My New Year's Resolution, is to try and emulate Marek's level of chilled out, thoughtfulness and humour towards other forumites and not lose my decorum"
Keith Sansum1
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garyc
sorry to hear of youyr plight
think we all just want fairness
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Guest 698- Registered: 28 May 2010
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For the record (again FACTS), Google pays income tax in the Irish Republic on all its European activities and Amazon (another sinner) in Luxembourg. Both countries have corporation tax rates significantly lower than ours. Is there a lesson to be learned from that?
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson