Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/1033/28842

From The Socialist newspaper, 13 March 2019

Them & Us

Them and us fishes, photo Suzanne Beishon

Them and us fishes, photo Suzanne Beishon   (Click to enlarge)

Billionaire exodus to tax havens

A third of British billionaires have moved to tax havens in the last ten years, between them avoiding billions of pounds of tax.

They include Britain's wealthiest man, Ineos boss Jim Ratcliffe, who held workers and the community at Grangemouth oil refinery to ransom in 2013 - forcing them to agree to a draconian package of cuts to their terms and conditions or face the plants closure.

According to the Times, British citizens in tax havens and their companies have made 5.5 million in political donations since 2009 - with the bulk of that going to their representatives and big business lackeys in the Tory party and Blairite wing of the Labour Party.

Tax havens include the beautiful sun-drenched Caribbean locations of the Bahamas, British Virgin Islands and Belize; for those who prefer the city life there is Monaco; or for billionaires who want to stay closer to home there is the Isle of Man and the Channel Islands where wealthy residents who rent or buy a 1.75 million property can qualify for a 1% tax on income.

The Socialist Party says tax the super-rich! Trade union action to end the cuts to the government departments responsible for chasing unpaid and avoided tax. For a socialist government to take into public ownership the top 150 companies and the banking system that dominate our economy. Run them under democratic working-class control and management, with compensation only paid on the basis of proven need.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 13 March 2019:


News

Anger after violent youth deaths - Communities need public services not cuts

Weak Tories must go. General election now!

Them & Us


Opinion

History: Alice Wheeldon - an anti-war socialist persecuted by the state

The Socialist Inbox


Socialist Party reports and campaigns

International Women's Day protests

For socialist change, not climate change!

Southampton: Socialist stand against cuts

No to racism - Fight for socialism

Memorial to working-class fighters who fought fascism


What we think

Only socialist planning can save the planet: Build a mass working-class struggle to achieve it!


Workplace news

Neither Tories or EU - only fighting trade unions and a Corbyn-led government can deliver workers' rights

PCS union elections: Huge support for Chris Baugh

Newark NSK strike: "Even Victorian workers got a day off each week. We're expected to have just one weekend off every three weeks"

Breaking news: Birmingham bin workers' strike suspended pending new deal

Workplace news in brief


Universal Credit

Tories out. Scrap Universal Credit. Fight for living wages and welfare!


International socialist news and analysis

Brazil: The Threats, attacks and contradictions of Bolsonaro's regime


Obituary

Obituary Joan Beale - Labour women's activist and Militant supporter


 

Home   |   The Socialist 13 March 2019   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Them & Us:

triangleThem & Us

triangleThem & us

triangleThem & Us

triangleThem & Us

triangleThem & Us

US:

triangleMPs boost their own pay

triangleUS: "Launch a mass, working-class fightback"

triangleNew recession fear stalks the world economy

triangle40 years since the Iranian revolution: Learning the lessons for today's new working-class struggles

Tax:

triangleBillionaires avoid paying and even talking about tax! Take the wealth off the 1%

Super-rich:

triangle'Fat Cat Friday' shows where all the money's gone

Grangemouth:

triangleWorkplace news in brief

Isle of Man:

triangle'Paradise' for billionaires - austerity for us

News and socialist analysis

News and socialist analysis

13/3/19

Climate change

Only socialist planning can save the planet

13/3/19

Universal Credit

Tories out. Scrap Universal Credit. Fight for living wages and welfare!

13/3/19

Workers

Neither Tories or EU - only fighting trade unions and a Corbyn-led government can deliver workers' rights

13/3/19

Them & Us

Them & Us

13/3/19

General election

Weak Tories must go. General election now!

13/3/19

Crime

Anger after violent youth deaths - Communities need public services not cuts

6/3/19

Labour Party

No retreats: Corbyn must stand firm against Blairites

6/3/19

Women

A socialist programme to end women's oppression

6/3/19

Them & Us

Them & Us

6/3/19

NHS

A&E 4-hour waiting targets scrapped - Save our NHS!

6/3/19

Low pay

Trade union action to end low pay now!

6/3/19

Government

Boot out failing Grayling and the other Tory wreckers

28/2/19

Labour

Chris Williamson suspension: No more succumbing to the Blairite saboteurs!

27/2/19

Education

Tory education 'reforms'

27/2/19

Honda

Honda closure threatened

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


March 2019

February 2019

January 2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999