“Much has been said in the past about the UK as a tax haven. Certainly, from reports in the past, billions are lost due to “sweetheart deals” between big businesses and the tax authorities in cases where big business won’t pay what they are supposed to pay. This report, from April 2013 highlighted the case of just 4 such deals, which were worth £4.5 billion in total. If the agreements reached managed to get in £4.5 billion to the treasury, then that means several billion more is lost. But how much of the…”
Tax avoidance is robbery, regardless of what any silver-tongued outrider of the corporate world tells you. Companies depend on the labour of their wealth-creating workers: a workforce expensively trained up by a state education system, kept healthy by state healthcare, and whose low pay is subsidised by the state.
The private sector depends on a bailed-out financial system, state-funded infrastructure, state support for research and development, and a law and order system to protect them and their property.