Tag Archives: finance

Taxation: A Safe Haven?


This week on Facebook: Is yet another leader to my thoughts on global economics and how they are likely to effect the common man. Last November I posted ‘Trouble in Paradise?’ followed by Ethics and the Law and on New Year’s Eve I posted ‘Tax Havens: A Red Herring?’, introducing last week’s post EU & Tax Havens. This week introduces tax haven revelations as the precursor to the notion of a global economic war. Read more of this post

EU & Tax Havens


This week on Facebook: My Facebook Newsline in the year 2017 had more than its share of articles (often), memes (more often) and ‘shares’ (even more often) on the consequences of leaving the EU. I declared my ambivalence towards the EU a long time ago and didn’t vote in the Brexit referendum (nor in the consequential general election). I found the implied portrayal of the EU as a light unto the world as disingenuous a representation as that of the notionally democratic regime offered by Brexit.  Read more of this post

Tax Havens: A Red Herring?


Today on Facebook: Humour? Enough already — tomorrow (Monday) is the first day of the New Year and may 2018 be a prosperous one for you all! Read more of this post

Ethics and the Law


This week on Facebook: This week I picked up on a series of articles and comments about the Paradise Papers published by the FCPA (The FCPA Blog publishes news and commentary about white-collar crime, enforcement, and compliance). The FCPA articles on the Paradise Papers highlight not just the issue of tax havens but those of ethics, morality and the law¹. Read more of this post

Trouble in Paradise?


This week on Facebook: Blissful ignorance, Tax Havens and the Paradise Papers —

To each his suff’rings: all are men,
         Condemn’d alike to groan,
The tender for another’s pain;
         Th’ unfeeling for his own.
Yet ah! why should they know their fate?
Since sorrow never comes too late,
         And happiness too swiftly flies.
Thought would destroy their paradise.
No more; where ignorance is bliss,
       ‘Tis folly to be wise.

Thomas Gray —Ode on a Distant Prospect of Eton College

Read more of this post

MPs’ Pension and Yours


This week on Facebook: Having decided to delve into the realm of pensions it came as no surprise to discover that politicians spend a great effort on their own sinecures but compound the self created pensions dilemma that successive governments have imposed on others. Read more of this post

Cassandra on Pensions


This week-on-Facebook: As a retired civil servant, though not in the same league as Sir Robert (Tuesday’s  article), I have long thought that the whole pensions system — particularly that of public sector pensions — was a train wreck waiting to happen. Successive UK government consistently deferred this  forthcoming train wreck in the hope that it will not happen while they are in office, perhaps even hoping for deus ex machina. Read more of this post

Social Transformation


This week on Facebook: Last week I wrote that Peter Drucker’s thoughts will remain an important part of the debate on the legitimacy and functions of the corporation but as part of a world increasingly different from that in which he developed his ideas. While the developed world may now eschew religion (in any form), it constantly seeks to find some philosophical thoughts to replace it with and those philosophical thoughts of Drucker’s are no exception. Collectively I think that the internet, and in particular the social media, always provides a means of finding or creating a notional truth. Those in a search of a truth to lead their life by, and which concurs with their notions of social responsibility, become zealots in advocating such truth when they find it. I have a very dystopian view of a future, one in which I find myself increasingly cynical regarding the use that Drucker’s views on social change have been put to by the private sector and public administrations. Read more of this post

It’s only money!


This week on Facebook: Trying to use last weeks post on Criminals & Taxation as a link to those that may follow at some point proved to be very difficult, the reaction of a public administration’s response to economic failure is more akin to investigative journalism than a short, singular, post. So this week I focused a little bit on factors relating to Government economic policy, with particular reference to Social Security and taxation in the UK. My post last week last week illustrated some of the financial disasters that can occur when a public administration overreaches its level of competence. In an earlier post on Debt & Taxation (2013) I began: ‘The role that economic theory plays in the creation of money and the role played by all politicians in the manipulation of economic theory for the purpose of a fiscal policy, bear little relationship to the social responsibility that Drucker applied to a private enterprise.’ Read more of this post

Criminals & Taxation


This week on Facebook: Sometime in July I read that the fraud scandal carried out at Lloyds bank took the police six years to investigate at a cost £7 million (excluding the cost of the trial). The case was dealt with by the Serious Fraud Office (SFO) which, regardless of its successes and failures, as part of the public sector, has an impact on a seemingly inexorable budget deficit. It was only casually reading about the Lloyds bank case that I decided to research some of the government’s financial losses¹ for which no one, and especially not a politician or apparently any other public servant is ever held responsible. Certainly some investigative journalism usually results in a story reaching the public, it may even create a furore for a time, but the government know that any furore will eventually subsided and its cause forgotten. Yet if you are taxpayer, and even if you are not, any financial loss by the government has an impact on your well being. For a right or left leaning government, such financial losses become an excuse for increasing government debt and austerity measures. Read more of this post

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Public Law for Everyone

Professor Mark Elliott

Bleda

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The Bulletin

This site was created for members and friends of My Telegraph blog site, but anyone is welcome to comment, and thereafter apply to become an author.

TCWG Short Stories

Join our monthly competition and share story ideas...

The Real Economy

Hello, I’m Ed Conway, Economics Editor of Sky News, and this is my website. Blogposts, stuff about my books and a little bit of music

Public Law for Everyone

Professor Mark Elliott

Bleda

Am I my Brothers keeper?

An Anthology of Short Stories

Selected by other writers

davidgoodwin935

The Short Stories of David Goodwin (Capucin)

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