Comment Re:The "City of London" - A Lawless Square Mile (Score 1) 302
The City of London is indeed the heart of tax evasion. It directs tax evasion around the world.
You are absolutely a liar. I direct you to this Guardian story that explicitly states that as a fact.
You ridiculous comments about the Freemasons, etc is subterfuge trying to hide with disinformation the precise fact that the City of London is a world center of lawless scumbaggery and its apologists like you are the worst sort on the planet.
To us, it's an obscure shift of tax law. To the City, it's the heist of the century In David Cameron we have a leader whose job is to quietly legitimise a semi-criminal, money-laundering economy
Quote: But I've just read Nicholas Shaxson's Treasure Islands – perhaps the most important book published in the UK so far this year – and now I'm not so sure. Shaxson shows how the world's tax havens have not, as the OECD claims, been eliminated, but legitimised; how the City of London is itself a giant tax haven, which passes much of its business through its subsidiary havens in British dependencies, overseas territories and former colonies; how its operations mesh with and are often indistinguishable from the laundering of the proceeds of crime; and how the Corporation of the City of London in effect dictates to the government, while remaining exempt from democratic control.
Further evidence: The tax haven in the heart of Britain
"What they sell is escape: from the laws, rules and taxes of jurisdictions elsewhere, usually with secrecy as their prime offering. The notion of elsewhere (hence the term "offshore") is central. The Cayman Islands' tax and secrecy laws are not designed for the benefit of the 50,000-odd Caymanians, but help wealthy people and corporations, mostly in the US and Europe, get around the rules of their own democratic societies. The outcome is one set of rules for a rich elite and another for the rest of us."
You are absolutely a liar. I direct you to this Guardian story that explicitly states that as a fact.
You ridiculous comments about the Freemasons, etc is subterfuge trying to hide with disinformation the precise fact that the City of London is a world center of lawless scumbaggery and its apologists like you are the worst sort on the planet.
To us, it's an obscure shift of tax law. To the City, it's the heist of the century In David Cameron we have a leader whose job is to quietly legitimise a semi-criminal, money-laundering economy
Quote: But I've just read Nicholas Shaxson's Treasure Islands – perhaps the most important book published in the UK so far this year – and now I'm not so sure. Shaxson shows how the world's tax havens have not, as the OECD claims, been eliminated, but legitimised; how the City of London is itself a giant tax haven, which passes much of its business through its subsidiary havens in British dependencies, overseas territories and former colonies; how its operations mesh with and are often indistinguishable from the laundering of the proceeds of crime; and how the Corporation of the City of London in effect dictates to the government, while remaining exempt from democratic control.
Further evidence: The tax haven in the heart of Britain
"What they sell is escape: from the laws, rules and taxes of jurisdictions elsewhere, usually with secrecy as their prime offering. The notion of elsewhere (hence the term "offshore") is central. The Cayman Islands' tax and secrecy laws are not designed for the benefit of the 50,000-odd Caymanians, but help wealthy people and corporations, mostly in the US and Europe, get around the rules of their own democratic societies. The outcome is one set of rules for a rich elite and another for the rest of us."