… a trend
In Great Britain, credit companies will be comparing the declared income on people’s tax return against the amounts they spend.
They will then identify — to the govt — “high and medium risks of both illegal and legal tax avoidance.”
Information will also be routinely shared between the British and American authorities.
just for knowing…
Ministers also wish to encourage more whistle-blowers [aka: stool pigeons, finks, informers] to come forward with details of offshore bank accounts.
nice.
The public accounts committee will accuse international firms of “insulting” ordinary Britons by funnelling profits off shore.
Real nice. “Insulting”. Mr. Marx to the white courtesy telephone, please.
They’re nattering away about the People’s “responsibility” to pay for the absurd excesses of Nanny-govt spending and the “unfairness” of people who don’t rush forward to give their last farthing to rescue the spending-addicted Progs in charge. Meanwhile, no one seems inclined to point out the excessive spending and hold the leaders accountable. Funny, that…
And absolutely No One seems to be able to grasp the idea that govt can produce nothing and removing Capital from the market decreases any chance that more can be produced. BTNIN. Pannikked Progs are stampeding.
Expect this trend to spread across The Pond. Soon. After all, We The People must pay for necessities like NASA “issuing grave warnings that 2012 Mayan apocalypse rumors pose a real-life threat to frightened children and depressive teenagers.” So, of course the govt must step in and fix all those who are too stupid to ignore such drivel. Or to take care of their children.
Astrobiologist David Morrison is deeply worried about children who “say they can’t eat, or are too worried to sleep” or may be suicidal.
Well, that seems to be a bit of overkill if a planet is coming to Kill Us All™. Like, yanno, NASA climate “sciiiienlist” James Hansen [whom we also pay for] whinging on about how we’re All Gonna Die™ from Global Worms…
Both comments and trackbacks are currently closed.
9 Comments!
The whole world has gotten itself into huge debts. Rather than face the music, the politicians are scratching for *ways* to tax revenue generators out of every fucking farthing—-to save their own incompetent asses!
Keep it up and we shall return to Middle Ages “BARTER” for transactions……
Funny that they haven’t yet started encouraging children to rat out the parents… give it time.
Cash and barter, damn little done in the realm of the electron. I deposit only enough into my bank to cover what few bills need paid ‘lectronically. The rest, I keep as cash-in-stash, and not in the gunsafe, either.
I’m going to eliminate a couple of the electronic payments (e.g; car insurance), by means of paying a year’s coverage in lump sum, cash.
No electronic trail, makes it damn hard to say what my “spending habits” are, and no, I don’t have any loyalty cards either. Except for the one at the liquor store, and I figure that ought to confuse Big Bruddah just a wee bit?
Jim
Sunk New Dawn
Galveston, TX
They have loyalty cards for liquor stores? Well slap my ass and call me Betty!
*slap*
I use a pal’s “
petty payment for self-finkingloyalty” card. Figure it confuses ‘em a tad…IF that is what they want… GO GALT! FU*K ‘em!
I disagree. The way to get rid of bad laws in a free society is to enforce them.
I unnerstan’ that when Blighty went to a 50% tax on millionaires,
about 10K out of 16K left the country & cost their ‘treasury’ an
estimated 7 billion £ per annum! This latest brilliant scheme will
enable the establishment of another bureaucracy called the RCTR.
(Royal Catch The Rich). They’ll prolly have an ‘investigator’ for
each ‘wealthy’ family in the UK! Since this reporting scheme is all
based on ‘credit’ purchases & expenses, guess how long before
the ‘rich’ start using good ol’ cash! Also foreign purchases
& untraceable foreign payments! Maybe even smuggling again!
^ I used to be a smuggler. I could use the work. I have references. Unfortunately, they’re all dead.