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Poorest will pay the price
NOW proof of what I’ve been saying for a long time, that the government is incapable of collecting taxes due to the Exchequer... and this runs into billions, not millions, of pounds as high flying accountancy firms dictate what if anything their clients pay the Inland Revenue.
This is done by a myriad of legal tax avoidance schemes often using offshore accounts set up for no other reason than to avoid tax, quite often being no more than a unmanned office with a postbox would suffice for this very lucrative business,that would cost us all so dear.
The multi-nationals and large companies soon became adept at using these accountancy firms which would limit or totally eradicate any taxes due.
Now Great Britain PLC is teetering on the brink of bankruptcy our government is busy on a slash and burn policy as it tries to recoup the money lost by bankers and tax revenues falling far short of expectations because of these tax avoidance schemes.
But now we find the poorest and most vulnerable in our society are paying the price as services we took for granted are being decimated.
Councils have no option but to implement the cuts as billions of pounds were removed from their budgets, with the effects on elderly and disabled services being hit particularly hard, but also youth, leisure and environment also feeling the effects.
Bankers who through their greed have created most of the mess we are in now show no contrition, indeed they have just carried on where they left off.
Harry Bradbury, Loughrigg Avenue, St Helens