Wow, this is great news and a move in the right direction.
Jersey, Guernsey and the Isle of Man signed an agreement to stop tax dodging.
It has to be admired, their quick move after the revelation of the second tax dodging papers.
The first scandal was the Panama Papers which in retrospect had no result in the UK of any prosecution. The second was the Paradise Papers which many renamed Parasite Papers.
At first there were some chairs wobbling in Parliament but with the other scandal of Sex-Pests in Westminster it seems to have slipped, again, out of the limelight and apparently nothing will happen again.
Three tax havens where fatcats can put their money through a complicated but legal scheme, seem to have changed their minds.
Jersey’s chief minister Ian Gorst said he wanted to ensure “our island and financial services are not used by rogue operations”.
It is a good start and hopefully the other tax haven islands will follow soon.
Tax avoidance is legal by law and tax evasion is not but as a matter of fact they both lose the country trillions of pounds. Both systems are nothing but tax dodging and should be shut down. Surely no other country has such great amount of unpaid taxes.
Even EU are introducing laws to stop these tax dodging which nothing but ruin a country and making greedy fatcats even richer.
A fine example is the UK. Never, in recent decades had there been such a massive gap between Super-rich and poor who chose between buying food or heating their home, even when they are working. In the last two years there were thousands of dead caused by starvation and/or hyperthermia.
Therefore, it had to be admired and appreciated by the people that Jersey, Guernsey and Isle of Man had taken the initiative so quickly to force tax dodgers out.
Tory Government have promised for years to cut them down but nothing happened. HMRC hardly have the staff to follow these complex routes because the government cut 11,000 and still planning a further 8,000.
How can Cameron and May talk about stopping tax dodging when at the same time they cut HMRC drastically. This is sheer hypocrisy.
The other point is that most of the tax haven are British and furthermore all those tax dodgers are donors to Conservatives and very close friends.
If they would really attempt to stop tax dodging the fatcats would turn on them with all the claws drawn and the Conservatives would not only be out of Government but also bankrupt.
But why open their mouth and promise knowing very well they would not and could not do it? People, today, are fully informed and aware of the situation.
It had been reckoned that the UK loses £120bn a year and the Tories do nothing about it but rather cutting Welfare, forcing disabled, some terminal ill, people into work, Universal Credit now rolled out but for six weeks no money.