When you post a guardian link can you also post the alternative side

You know, so you can get a balanced view rather than just taking your opinions from one extremely biased newspaper.

The article you post says that British oversea territories are the heart of tax havens. Also on that list is:

Netherlands, Switzerland and Luxembourg, Singapore, the Bahamas and Hong Kong.

The majority of large corporations (amazon etc) base their businesses in these countries due to the low tax rates. And why shouldn't they? Not only does it make them more profitable but also more competitive.

I'm not saying that low tax/tax avoidance (it's different from evasion which is illegal) is good for society however low tax is an incentive for business to relocate and invest in this country. And business IS good for this society. In fact 80% of our economy is financial services.

Posted By: KetteringRyu, Sep 27, 11:25:54