Starbucks

[Alex L]

Very interesting point, noticed this outfit some time back, it would be lovely to know which of the politicos are behind the scenes making their pile!

Along with BAE systems Arqiva must be the very epitome of companies deserving of the description "industrial military complex"

[Sam Slater]

Typical, Johnson, having a dig at the super rich and big business. If it wasn't for the fucking work-shy, disabled, pensioners, students and immigrants then these big companies could pay even less taxes than they do now, meaning they'd probably employ more people and provide cheaper services. That's what my mate down the pub says, anyway.

Commie bastard.

[David Johnson]

Well Arqiva has been in the spotlight for quite some time.

Apparently their ?1bn a year income turns into a ?250 million loss because they borrow the money from their investors e.g. investment companies and then pay them something like 14% interest and then use a whole list of other tax avoidance dodges.

Richard Murphy, one of the campaigners, said: ?Arqiva was set up to convert UK taxpayers? funds into private benefit for its shareholders.

?But not only does it do that by winning contracts to supply services previously provided by the state, it also does it by adopting a capital structure that seems to ensure that its positive operating cash flows ended up flowing offshore through a series of structured debt arrangements.?

If there can't be a crackdown on this when the government itself is one of the chief Arqiva customers, then there is little chance of the deficit as a whole disappearing.

[Dick Moby]

You're taking the piss Sam.
Do you expect me to believe you have a mate ?http://bgafd.co.uk/forum/smileys/shocked.gif

[Dick Moby]

Attempts at adding a smiley failed miserably

[Sam Slater]

That's what happens when you're a bit thick !tongueincheek!

[David Johnson]

Cleggie on my side to show how government politicians throughout the last 4 decades fail in this task of separating the hugely rich from some of their dosh.

Mind you, you have to give him marks for being a trier even if he is utterly useless!

http://www.guardian.co.uk/politics/2012 ... idance-pay

http://www.dailymail.co.uk/news/article ... ay-20.html

http://www.telegraph.co.uk/news/politic ... -more.html

[Sam Slater]

It's like 2010 all over again.

[David Johnson]

Yeah, except he is on a one-way trip down the toilet now.

[Sam Slater]

True......but I don't see the Starbucks connection. Do you think Starbucks would be paying their full whack of tax had 2010 happened differently?