UK lawmakers slam Starbucks, Amazon and Google on tax

Comments (14)
JamVee wrote:

It’s the same problem we have in the US. Our lawmakers criticize (make that “bad mouth”) businesses, who have only taken advantage of the legal loopholes that those very same lawmakers built right in to the tax code, and are too stupid (or too unwilling) to fix.

Nov 12, 2012 10:01am EST  --  Report as abuse
kalidas_2 wrote:

“It is hard for the ordinary person to believe it’s fair”
>>this business is not for ordinary people.

Besides, it’s the stuff we signed up with EU. There is no easy way around. We gain something we lose something. It’ll make sense to drop tax rates here so Amazon doesn’t have to based in Lux.

We’re still OK – the French newspapers are extreme – they want a cut from Google’s ad revenue.

Nov 12, 2012 10:27am EST  --  Report as abuse
ConradU812 wrote:

“Starbucks, Amazon and Google to face UK lawmakers over tax”

Because why should the Democrats have all the fun of destroying business?

Nov 12, 2012 12:22pm EST  --  Report as abuse
CadillacMan wrote:

Starbucks has a large pool a labor in the UK, so the British barista employees are paying plenty of income tax. The UK also has VAT tax, so the British coffee consumers pay the a lot of tax. The UK lawmakers are complaining about the low corporate income tax, but that is why the UK has high income tax and VAT tax, since these taxes are harder to avoid. Broad-based corporate income taxes are too easy to shift on to employees and consumers through lower wages and higher prices.

Nov 12, 2012 1:19pm EST  --  Report as abuse
doodler wrote:

The answer to tax evasion by companies with such a direct public reliance could perhaps be in simple economics we can apply ourselves: don’t spend where they won’t pay.

Nov 12, 2012 4:28pm EST  --  Report as abuse
riooso wrote:

Every time, I repeat EVERY TIME, that governments try to raise taxes there are unforeseen consequences. For instance in America they raised the taxes on boats. People that built boats laid off workers and then the government came back and dropped the boat tax after a couple of years. The problem is that the boat guys went to the Bahamas and started building boats and all their American workers are now on the dole.

Nov 12, 2012 6:32pm EST  --  Report as abuse
riooso wrote:

Every time, I repeat EVERY TIME, that governments try to raise taxes there are unforeseen consequences. For instance in America they raised the taxes on boats. People that built boats laid off workers and then the government came back and dropped the boat tax after a couple of years. The problem is that the boat guys went to the Bahamas and started building boats and all their American workers are now on the dole.

Nov 12, 2012 6:36pm EST  --  Report as abuse
code4blue wrote:

Pretty amazing the dollar amounts they are talking about here. What we really need to do is stop using money for everything, then there will be no rich, no poor, nothing to fight over, everything will be FREE just like it is in America now, so the rest of the world needs to follow their lead and everybody will be happy!!!

Nov 12, 2012 7:36pm EST  --  Report as abuse
gavinwca wrote:

Countries with outrageous tax rates on corporations are beginning to realIze that corporations quit doing business there or find ways around their tax codes.would it not be more honest for countries to charge reasonable tax rates where companies would gladly pay the tax rate and save both business and state the cost of finding legal ways around the robbery taxes, and the state would save on wasted investigations of tax fraud.

Nov 12, 2012 7:49pm EST  --  Report as abuse
Saywhaaaaa wrote:

Ronald Reagan raised taxes over 12 times during his administration and tripled the current debt at the time of his administration. Reagan raised the federal gas tax over 125% of what it was when he came in to office and called it a user fee and used the money for infrastructure projects. Bush Sr raised taxes to reduce the Reagan debt and pay for government and the Somalia war. Taxes are a necessity of living in a civilized world. Like anything too little of something can have just as bad consequences as too much of something. So to say EVERY TIME the government raised taxes is misleading and myopic. Highest taxes in the 1940s were 90% going into WWII and the economy soared and it pulled us out of the Great Depression. Bush Jr took the country to war and for the first time in history didn’t pay for it at all and reduced taxes creating a constant debt to pay for those wars that continues today and will continue for the increased veteran benefits and care that will carry on for decades. Bringing taxes back to Clinton era levels in a intelligent way can do wonders for reducing our annual deficit and debt accumulated through unfunded programs like Bush’s Medicare Advantage and two wars. Of course, too much taxes, in particular on those who drive the consumption economy, the middle class, can be detrimental to the US economy. Everything in intelligent moderation.

Nov 12, 2012 8:30pm EST  --  Report as abuse
domowames wrote:

the uk has been an occupying and corrupt force for a thousand years.. they are the biggest contributor to the new world order.. they can get bent.. they are dirty and want leaders like obama and democrats so we can be dirty and corrupt as well.. the uk can go to hell.

Nov 13, 2012 11:43am EST  --  Report as abuse
ArchieBC wrote:

I hear the word Loophole used way too much. Sounds like pure tax avoidance especially in Starbucks case. When I want a cup of coffee I pay the barista, when you want to do business in my turf you pay the man. Can’t handle the tarrif than stay away.

Nov 13, 2012 1:11pm EST  --  Report as abuse
MikeCNC711 wrote:

It is interesting that these are companies that espouse extreme gov’t spending on all kinds of entitlements and such … and want gov’t to cater to “the free stuff mafia”. Yet they keep their great profits and want their poorly paid employees to pick up the tab (and the rest of us taxPaying suckers). If you don’t want to pay taxes, then you should not push for more things from gov’t. I want lower taxes, but I do not then go out there and push for gov’t to do more for me and pretend to be caring and compassionate because I want gov’t to force others to pay for my “compassion”. That’s not compassion, that’s extortion … the American way. Look at what Bono, Alec Baldwin, and John Kerry do … all exhorbitantly wealthy, all ducking taxes and pushing their tax havens to the max … and then all pushing for us poor suckers to pick up the tab for their huge social schemes … and the lemmings view them as compassionate. Awesome!!

Nov 13, 2012 2:03pm EST  --  Report as abuse
JiminGa wrote:

The bankrupt UK smells deep pockets in their targets.

Nov 13, 2012 6:14pm EST  --  Report as abuse
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