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Socialist Case for Exit

Link to this page: https://www.socialistparty.org.uk/issue/523/3868

From The Socialist newspaper, 4 March 2008

EU war with super-rich?

PEOPLE ARE becoming angry at scandals involving the super-rich and their tax-avoiding policies. That is why the European Union (EU) says it is 'declaring war' on the policies of tax havens such as Liechtenstein, Monaco, Andorra and Switzerland.

These tax havens save super-rich individuals and big companies huge sums of cash in unpaid income tax and corporation tax payments. Globally, estimates of the amounts involved vary from $7 trillion to $12 trillion for individuals' wealth alone with incalculably bigger sums involved in hidden corporate profits.

The sums involved could, if used properly, end world hunger, attack world poverty, greatly improve services such as health and education and tackle damaging climate change.

The EU is criticising mainly tiny 'statelets' but these minnows are hiding the wealth of leviathans. Economic necessity may force their hand to slap tax avoiders' wrists but the capitalist EU will not go very far in attacking the interests of big business.

These huge and powerful tax-avoiding firms should be brought into public ownership, which willl make sure they cannot escape paying their way.

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In The Socialist 4 March 2008:

Unite for a living wage

Greenwich workers score victory against single status

Angry civil servants strike over pay


Socialist Party NHS campaign

Thousands protest at threats to hospital

Rewarded for zeal at cuts

Derby health workers


International Women's Day

Fight for a woman's right to choose


Anti-War

DEMONSTRATE

$3 trillion Iraq war

Sheffield activists fight militarism


Environment and socialism

Walthamstow 'RAPpers' against toxic incinerators


Socialist Party news and analysis

Housing association collapses

Meet Brown's new finance expert

Fans blow whistle on Game 39

Campaign to Defeat Fees

Swansea - no sign of Griffin!


International socialist news and analysis

Turkey's invasion destabilising region

Russian election

EU war with super-rich?


Workplace news and analysis

Pensions under attack

Unison witch-hunt: Members bite back

Teachers must reject real pay cuts

Greenwich workers fight attacks

Socialist Party member stands for Unite (T&G) general executive


 

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Related links:

EU:

triangleBuilding support for Corbyn's anti-cuts policies in the local elections

triangleWhat we saw: Tory-Blairite EU love-in

triangleTory infighting escalates - workers' action can oust them

triangleA world in crisis, ripe for revolution

triangleBrexit deal no solution to Tory rifts

Super-rich:

triangleCapitalists fear for their system at Davos

triangleWidening wealth gap, increase in poverty...make the fat cats pay

triangleThem & Us

triangleThem & us

Tax:

triangleTurn Carillion crisis into movement against privatisation and capitalism

triangleCardiff West Socialist Party: How the Poll Tax was beaten

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