Richard Murphy: The dark reality behind the Tories’ freeport plans
So-called freeports are often a boon for money launderers and tax evaders, writes Professor Richard Murphy.
So-called freeports are often a boon for money launderers and tax evaders, writes Professor Richard Murphy.
The government is making a sensible move in criminalising the failure to declare taxable offshore income.
This is part of a plan to hit the poorest as hard as possible with benefit cuts whilst at the same time saying that if you can afford to save you need not pay tax at all.
Labour is willing to talk about tax avoidance but also tax evasion. For too long politicians have ducked the issue.
The threat from deflation has been a regular theme for discussion amongst the economists linked to the Green New Deal group over the last few years and rightly so.
The following was published by the Department for Business Innovation and Skills (BIS) this morning.