LETTER TO THE GUARDIAN 17 JAN 2014 - Miliband
vows to fix ‘broken’ British banks – Guardian 17 Jan 14. Impose a 98% income tax rate, as in
1971*, on all incomes over £500K a year. Revealed: NSA gathers 200m texts a
day – Guardian 17 Jan 14. Use the data to claw-back the $32
trillion (80 million jobs) in tax havens, starting with the 130,000 accounts
uncovered in 2013 in the
Islands, to repay every national deficit. Davos must tackle global income
gaps, says WEF – Guardian 17 Jan 14. Automation is replacing most
jobs; share wealth via BIRTHRIGHT
distributing capital and dividends to all youngsters. For God’s sake – stop
yapping and get on with it.
*Supertax - In 1971 the top-rate of income tax on earned
income was cut to 75%. A surcharge of 15% on investment income kept the top rate
on that income at 90%. In 1974 this cut was partly reversed, and the top rate on
earned income raised to 83%. With the investment income surcharge this raised
the top rate on investment income to 98%.
First posted Thursday, 4 April 2013
New Rules on UK Tax-Avoidance - Tax Avoidance is rescinded.
4 April 2013
DER SPEIGEL - An international network of journalists ICIJ has obtained some 2.5 million records from tax havens detailing shell companies, offshore accounts and dubious financial deals. The unprecedented leaks include the names of 130,000 people who at one time or other moved their money offshore.
THE LAST HAVENS - RIVERS OF CASH
CYPRUS & KILLER TAX-EVASION
CYPRUS BANK TAX AND PUTIN
BEDROOM TAX - BULLY THE POOR