Wednesday, 1 May 2013

when do-gooder accountants are happy making an objective point

...it'll take 1000 years for the politics of bankocracy
to change. I follow such people on Twitter and
they are close enough to power to know how it
works and yet they don't have any interest in
moving things towards a solution.
They just make clean, clear points when they
know politicians don't follow Twitter and don't
care about anybody unless that person or group
scares them or endangers their political career.

We need people who can do that.

We've been pointing fingers at criminals for
a good 5 years now and nothing. Those who
know how, must act to help things change.
e.g.
Nassim Taleb on Twitter
promised to act to stop economic malfeasance.
Twitter:

Nassim N. Taleb ‏@nntaleb 29 Apr
Moral courage doesn't reside in "doing good" so much 
as in fighting the bad. My moral obligation is to destroy 
econ estblshmnt, and I will.



That's a good start. The right attitude.

Now, here's another slow-moving do-gooder:

Checkit: Tax research

Why Npower’s tax avoidance matters
Posted on April 30 2013
38 Degrees have a way with words, creating short messages that work.
As they say of Npower’s tax avoidance this morning in an email to their supporters:
    This is more sinister than just a spot of clever accounting. Every time a company like Npower avoids paying their fair share, it means one of two things for the rest of us: more cuts or tax rises.
I agree with that.
That is precisely why this matters. This tax avoidance is either an exercise in shifting the burden of tax onto ordinary people or an exercise in cutting the services they need. And either way it’s wholly unacceptable.


2 and again: TAX RESEARCH


[It's been KNOWN about for 60 YEARS! 
Though the INTERNET HAS FORCED THIS, it's not good
enough. It's well past high time to do something.]



The EU’s €1 trillion tax loss
Posted on April 14 2013
According to Reuters:
    Tax dodging causes the European Union to lose around 1 trillion euros of income each year, the president of the European Council said on Friday as he announced that EU leaders would discuss the issue at a summit next month.
    This hemorrhage of tax revenues is equivalent to the entire annual economic output of Spain, and far exceeds a total of about 400 billion euros committed to bailouts of euro zone members Greece, Ireland, Portugal and Cyprus in coming years.
    “We must seize the increased political momentum to address this critical problem,” Herman Van Rompuy, who chairs meetings of EU leaders, said in a statement broadcast on the Internet.
    “Tax evasion is unfair to citizens who work hard and pay their share of taxes for society to work. It is unfair to companies that pay their taxes – but find it hard to compete because others don’t.”