Link to this page: https://www.socialistparty.org.uk/issue/925/23962
From The Socialist newspaper, 16 November 2016
Them and us, image by Suzanne Beishon (Click to enlarge)
One third of 'high net worth individuals' are under investigation by HM Revenue and Customs, says the National Audit Office.
Those with wealth of over £20 million - about 6,500 people in the UK, the 0.01% - could owe £1.9 billion in missing tax. Tax collectors estimate about £1.4 billion of this went to advertised tax-avoidance schemes.
The Socialist welcomes Revenue bosses turning their attention from attacking staff to taxing the super-rich. But we say: investigate the lot of them! How does anyone 'earn' over £20 million?
It's unlikely to be through work, that's for sure. It's most likely to be money workers have made for them, which they claim to own. Taxing some of that back is all well and good, but workers produced it, and the working class should own the lot.
Nationalise the banks and top corporations. Take the wealth off the 1%. For a democratic socialist plan of production, not just begging capitalist thieves to hand some of their loot back.
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Coronavirus crisis - Finance appeal
The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.
The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.
The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.
- The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
- Our 'fighting coronavirus workers' charter', outlines a programme to combat the virus and protect workers' living conditions.
- When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
We therefore urgently appeal to all our viewers to donate to our special coronavirus appeal.
In The Socialist 16 November 2016:
It's Socialism or Trumpism
Trump victory: Failure of the Democrat establishment
Lessons for Britain: Trump victory shows the right can't beat the right
Socialism 2016: Electrifying and powerful weekend puts socialism on the agenda
Socialist Party workplace news
Mass prison officer walkout over health and safety
Durham teaching assistants strike: 2,000 walk out
London Underground: RMT wins victory
Steel workers' pensions under threat again
Deliveroo couriers get organised
Workplace news in brief
Socialist Party news and analysis
Support the campaign to readmit expelled socialists
Secret hospital closures: bosses must come clean
£1.5trn household debt - nationalise the banks!
Court win against bedroom tax not enough
Socialist Party youth and students
Students and workers unite and fight!
Privatisation and the 'race to the bottom'
Privatisation and the 'race to the bottom'
Socialist Party reports and campaigns
Southampton Labour must bin Tory cuts!
Cumbria: Stop axing care home places
TUSC vindicated in censorship protest
Bristol campaigners demand anti-austerity alternative
Socialist readers' comments and reviews
A Street Cat Named Bob: tale of neglect by capitalism
The Socialist Inbox
The Socialist 16 November 2016 |
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