Showing posts with label offshore tax havens. Show all posts
Showing posts with label offshore tax havens. Show all posts

Wednesday, 22 November 2017

DEMAND £10 NOW AND NOT A PENNY OFF JOBS OR SERVICES!


Part of SSP National Day of Action 18 November  

As the Scottish government and 32 local councils prepare their Budgets for 2018/19, the Scottish Socialist Party has launched a new campaigning drive for an immediate minimum £10 Living Wage to be written into 'No Cuts' Budgets. 

This is an urgent, realistic demand, well within the powers of Holyrood and the local authorities - who between them employ 500,000 workers - and a potentially powerful breakthrough in the battle for a £10 minimum wage, here and now, for all workers over 16, with equal pay for women. 

"I'm for Austerity - Get me out of here!"


If SNP, Labour, or any other MSPs and councillors reject this demand - alongside reversing seven years of the income-slashing pay cap, plus protection of every single service - they should be rejected and evicted by voters. 

To amend the slogan currently made 'popular' by Kezia Dugdale, such axe-wielding politicians should admit: "I'm for austerity, get me out of here!"

There's absolutely no excuse for one, single person suffering the indignity, deprivation and inhumanity of being impoverished in such a rich country. Scotland has ten billionaires, piles of profit, enormous resources and skilled workers. It's a question of radically redistributing the wealth. 

Paradise for the Parasites

This battle is set in the midst of paradise for the profiteers, and hell on earth for millions struggling to survive in a sea of poverty. 


The recently leaked 'Paradise Papers' confirmed the grotesque, legalized robbery of the rest of us by the rich, with conservative estimates of big business and obscenely rich individuals hiding over £30trillion in offshore tax havens. 

Corporations like Apple and Nike are in the company of tax thieves like Bono and the Queen; dodging taxes, robbing society of £billions, stealing wages, pensions, benefits and public services off the working class. 

A full 80% of all offshore wealth is in the hands of a minuscule 0.1% of the population (that's one in 1,000). 

Multinational businesses shifted $600billion to these (overwhelmingly British) offshore tax havens last year alone. 

The PCS civil service union's research has already shown £120billion every year is dodged in taxes by the rich and big business - the equivalent of four years of Scotland's block grant budget from Westminster. 


Tales of Poverty Amidst Plenty


This legalized, systematic theft helps create a living hell of plummeting pay, life-threatening benefit cuts, and decimation of vital public services. 

Socialist exaggeration? Absolutely not! Anyone in touch with the conditions of the working class majority will testify to the mounting desperation amongst the poorest; the inability of even middle-income workers to match the rising cost of living; and the ticking time-bomb of mental ill-health created by impossible workloads and stress from poverty and debt.

Let's sample just a few examples. 

The one million people in Scotland officially below the poverty line, 52% of them in jobs, working to stay poor. 

The 'hunger-watch' scheme initiated by the EIS teachers' union two years ago, to help spot children unable to concentrate because of literal hunger. 

The equivalent of Dundee city's population who swallowed their pride and turned to food banks in Scotland last year to avert starvation. 

The welfare rights workers who are on the brink of physical and mental collapse with overwork and the harrowing daily experience of desperation amongst clients: the man working 60 hours a week as a taxi just to pay the mortgage and feed his child after his marriage ended; the blind man removed from sickness benefits, relying on his son's income from one or two shifts a week on a zero hours contract, while he waits since June for his benefits appeal, which drove him to attempted suicide. 

The fact teachers' real pay has fallen by 16%, and the EIS union describes teachers' massive workload - working 50-60 hours a week - as having "desperate effects on their health and well-being." 

Heart-breaking human stories are accompanied by chilling statistics. A new LSE Report calculates that since the June 2016 EU referendum and subsequent plunge in the value of Sterling - pushing up prices of items with a high import content, such as food - the average Scottish worker has lost £404 a year in wages. On top of the 10.8% fall in real wages since the banking crisis of 2008. 


Demand Action from the Anti-Tory Parties  


Hell will freeze over before the Tories start looking after the wellbeing of the millions, as opposed to the profits and privileges of the millionaires. So it's right - and urgent - that we demand action from those politicians closest to the ground in Scotland, who also like to define themselves as anti-austerity. 

The SNP helped win its historic landslide by denouncing austerity. That was the key platform of Jeremy Corbyn in his defeat of New Labour leadership candidates, with their record of implementing austerity. Latterly, Richard Leonard tried to echo his opposition to cuts.


We want words made into deeds by Scotland's anti-Tory parties.

That's why the SSP - who since September 2014 have campaigned in the streets and trade unions for an immediate, statutory £10 minimum for all over 16, with equal pay for women - is stepping up pressure on the SNP Holyrood government and Labour and SNP councillors. 

That's why the SSP held a National Day of Action on the Baltic Saturday 18 November,  demanding a guarantee that from April 2018, nobody these governments directly or indirectly employs would be trying to survive on anything less than £10 an hour.

SSP members braved the bitter cold to hold street stalls and street meetings in Glasgow's Partick and Govan; Nairn; Edinburgh; East Kilbride; Paisley; Cumbernauld; Coatbridge and Irvine. 

We met the man who simply stated: "I looked at an old wage slip from 15 years ago, and there's very little difference in my earnings now."

The Richmond Fellowship care worker who was furious at being on £7.50 an hour, unable to afford a holiday, when she has dedicated herself for years to a job she loves, caring for the most vulnerable.

People scrimping and saving simply to pay the rent and buy food. 


Braving the Baltic conditions in Nairn on SSP Day of Action


Demand 'No Cuts' Defiance Budgets


Local authority workers expressed their anxiety at yet more cuts looming in the forthcoming council budgets. Which is why our campaigning demand for councillors to defy austerity, set No Cuts Budgets, with the £10 minimum included, and then fight for the funds to do this, is so timely and important. 

No councillors - whether Labour or SNP - should be prepared to trade wages for jobs, or workers' conditions for public services. Yet that's what they've done for years. And unless the unions, STUC and community campaigns unite in decisive action with socialists, and demand the cash off Westminster and Holyrood, a repeat of the Ice Age of cuts to pay, public services and jobs looms large.

COSLA Cuts Warnings


The council umbrella body, COSLA, has just produced a frightening picture of the choices we face, ahead of the SNP government's draft Budget in December, which in turn sets the spending settlements for Council Budgets.

COSLA reiterates that there's been £1.4billion cuts by councils since 2012, with 30,000 people losing their jobs, and communities priced out of facilities and services by the 13% hike in charges - often the hidden form of austerity. 

The same COSLA document warns that to just stand still - not improve people's lives, but merely hold onto the brutally inadequate provision by councils we have now - the Scottish government needs to allocate an extra £545million to councils for 2018/19 - a 5.7% increase in funding. 

The response of the SNP government so far? "We will continue to treat local government fairly." Continue? Last year's SNP/Scottish Greens Budget slashed another £170m off council funding, adding to successive years of butchery. 



Wield Power of Unions  


We can't rely on the powers of pleading - or resort to prayer - to win the funds which protect jobs, conditions, public services... and also guarantee a £10 minimum as part of a pay compensation package for the 7 years of pay cuts suffered by 500,000 public sector workers. It requires a serious, united fight, wielding the potential power of workers, their unions and their communities.
The Battle for BiFab in Fife and Lewis wasn't won (at least until April) by humble pleas to the employers or government. It was won by brave, united and swift action by the workforce - refusing to leave their jobs; defending the fabrication yards from asset-strippers by union control of the gates; stockpiling resources in preparation for outright occupations - and by telling the authorities they weren't budging. 


Workers' Action Against Austerity 


That's the spirit and method needed to stop the slaughter of services, jobs and pay that has crucified workers and communities alike, as we pay for the bailout of the bankers and billionaires' profits. 

We won't win the modest, increasingly inadequate demand for £10 now - nor replacement of the abomination of zero hours contracts with a guaranteed 16-hour minimum contract for all who want it - without a mighty battle involving street protests, demos and coordinated strike action, putting the politicians and employers on the spot. 


The SSP's street action on 18 November is just the prelude to an orchestrated campaign of explanation and pressure on the Scottish government and councils to put their money where their mouths are. 

The SSP will step up this demand for an immediate £10 in our unions as well as on the streets. 





Sign and Share the Online Petition 


The Online Petition I recently launched on behalf of the SSP is targeting demands for action on Scottish First Minister Nicola Sturgeon, and the heads of COSLA, but also Richard Leonard, who we correctly anticipated would become the new Scottish Labour leader. 

Richard's victory speech referred to offering 'hope' to the Scottish people. Here's his chance: we are calling on him to instruct his Labour Party councillors to break the habits of several decades and refuse to vote for a single penny in cuts, and instead inspire public sector AND private sector workers by implementing a £10 Living Wage immediately - not in 2020, as Labour has so far pledged, which will be severely devalued by inflation by then. 


Photo by Craig Maclean

Volunteer to Help Win £10 Now! 


We have no intention of making this campaign a one-day wonder. 

We need more street campaigning; more propositions for this policy and for action in the public sector unions; more volunteers to do all this... and we need thousands of signatures on our Online Petition. 

Please get in touch to play your part in this battle to set the pace in the public sector, transform the lives of tens of thousands of workers - and vastly boost the battle for an immediate, legally-enforced £10 minimum, rising with inflation, for all workers across the land. 

SIGN PETITION HERE

Wednesday, 11 February 2015

CAPITALISM = CORRUPTION IN BREADLINE BRITAIN



There's a gut-wrenching stink of corruption arising from the body of capitalism right now.

The world's second-biggest bank, HSBC, has hit the headlines for providing a tax-dodging service to some of the world's biggest corporations, richest capitalists, and most corrupt crooks.

The public, and public services, have been deprived of £billions in unpaid taxes, in a conscious campaign of swindling on an industrial scale, thereby adding to the savage cuts to wages, benefits, services and the lives of millions. However, HSBC is but one link in the chain of corruption and graft known as capitalism, the system where those in power think all is fair in looting and profiteering.

HSBC

Back in 2007, whistleblower Herve Falciani leaked acres of documents showing how around 130,000 of the globe's wealthiest people, in 203 different countries, were systematically shown how to dodge taxes by the Swiss arm of HSBC.
In France, Argentina, Belgium and the USA these revelations have led to criminal investigations, such is the clamour for action against the bankers and capitalists who brought the world economy to the brink of ruin in the 2008 financial crisis. But in Britain, the self-proclaimed mother of democracy, where HSBC is actually based, a monumental cover-up of criminal tax-dodging has been conducted. Not only the perpetrators at the tops of the banks, but also the heads of HMRC and the Westminster government have been up to their elbows in burying the facts from public view up until now, not even 'naming and shaming' the con-merchants involved, let alone prosecuting them.

ONE PROSECUTION OUT OF 7,000! 

HMRC was handed the leaked documents in 2010, if not earlier. These revealed 7,000 UK citizens who had systematically evaded taxes with the active advice and involvement of HSBC's Swiss operation. Five years on, all the authorities have done is a series of shady out-of-court deals - this week boasting(!!) they have recovered £135m in taxes, interest charges and fines - with a sum total of ONE unnamed individual prosecuted.

Contrast that with the shameless, relentless prosecution - and indeed persecution - of those who falsely claim a few hundred pounds in benefits; it says it all about the class-ridden society we live in.
One stark statistic captures the values of capitalist government in the UK: HMRC employs a mere 300 staff pursuing tax evasion by the fabulously rich and big corporations, whilst they have 3,250 staff in pursuit of benefit fraud, even though the latter only amounts to less than 1% of the money lost to the state by corporate and fat cat tax fraud!

OFFSHORE TAX HAVENS

One of the chief means of dodging taxation is through offshore tax havens. As the BBC blithely states, "tax avoidance is perfectly legal, deliberately hiding money to evade tax is not". But that's precisely what HSBC has helped its rich clients do. Just a glimpse at a few of their methods should make your blood boil, and add steel to your determination to help dismantle the whole rotten edifice of capitalism.


They help advise rich clients on how to stay ahead of the law, such as how to dodge the impact of the European Savings Directive of 2005.

They supply wealthy clients with a foreign credit card so they can withdraw their undeclared cash at cashpoints abroad. For instance, Richard Caring, British tycoon and owner of the celebrity-packed Ivy restaraunt in London, on one day in 2005 thus removed £2.25million in cash in Switzerland - dodging his tax duties in the UK.

In Geneva, HSBC handed out 'bricks' of $100,000 a time, no questions asked, to American surgeon Andrew Silva, so he could then illegally post the cash back to the USA.

Amongst their other clients was Emmanuel Shallop, later convicted of dealing in African 'blood diamonds' - the blood-soaked, illegal trade that has claimed thousands of lives through wars on the continent. They opened up an account for him in Dubai.

Hollywood stars, royalty and heirs to some of Europe's biggest fortunes are on the HSBC list of criminal tax-dodgers. And only one of the 7,000 British citizens implicated in holding an estimated $21.7billion in HSBC's Swiss vaults has been prosecuted!

CAMERON'S SILENCE BOUGHT

But don't be fooled by the huffing and puffing of David Cameron about clamping down on those embroiled in tax evasion through offshore accounts.

For the past five years, the rich have bought the silence of the government on this scandal. When 500 mind-bogglingly rich donors to the Tory party gathered in London's Grosvenor House hotel this week at the annual 'Black and White Ball', forking out £15,000 a head for dinner to raise Tory party election funds, it was money well spent. They were there to buy the next government!

At last year's event, the 570 assembled worthies were 'worth' a combined £22billion in personal wealth. This year's crowd of parasites are likely to be in possession of even more; after all, Cameron and Osborne cut the top personal tax rate on incomes over £150,000 by 5% since April 2013.

More significant still, they've kept quiet about the tax swindling of these leeches on society, since the HSBC revelations in 2007. And the plot thickens.

Stephen Green was chief executive of HSBC from 2003-2006, then chairman from 2006-2010. He wrote books on "reconciling God and Mammon", in his mission as an evangelical Christian who portrayed himself as a saint in sinful times.

He was then made a Tory Lord. Cameron begged and cajoled the saintly Lord to become a government Minister during a trade mission to India in July 2010 - a clear 3 months after Cameron's government had received the leaked documents on the very 'sinful' deeds of Green's HSBC. Lord Green was appointed Minister for Trade and Investment, from January 2011 until December 2013. "To him that hath, more shall be given, tax-free!".

The Astors and the Camerons... corrupt tax dodgers.


CAMERONS' CORRUPTION

Cameron's stinking hypocrisy on offshore tax-dodgers doesn't stop outside the walls of the HSBC banking conglomerate. His wife Samantha enjoys a £100,000 salary as creative consultant to luxury leather and stationery firm, Smythson's. They're the company that advertise what every working class woman needs: python skin clutch bags at £850 a go, and crocodile skin clutch bags at a cool £3,200 each. It makes you puke; it would take nearly 6 months for a woman working 20 hours a week on the national minimum wage to earn what some creatures pay for a glorified purse.

Smythsons... clutching their obscene wealth


Smythson's UK parent company had a £29.9million turnover in 2013/14, helped out by a taxpayer-funded £1.6m National Loan Guarantee, a scheme the Tories devised. But here's the rub: they switched their official headquarters to Luxembourg - a favourite location for many corporate tax-dodgers.

FURNISHING THE RICH TAX-DODGERS

Samantha Cameron's family are already very familiar with such methods. Her mother, Lady Astor, is the founder of luxury furniture firm OKA DIRECT. She has 22% of its shares, in the company with £5.5m assets and £1.6m profits last year. Some of her customers were Tory MPs caught up in the expenses scandal, which revealed OKA was a favourite source of furnishing their second homes - paid for by you and me! But 50% of OKA's shares are owned by anonymous shareholders through accounts in Guernsey - one of Britain's many offshore tax havens.

And to complete the family circle, David Cameron's father-in-law, Viscount Astor, has a family estate of 19,000 acres on the isle of Jura. Up until November 2014 it was owned by Bahamas-based Ginge Manor Estate Ltd (named after the Astor family home in Oxfordshire), but then transferred to a company based in the British Virgin Islands - another British Caribbean tax haven. No cash was involved in the transfer, meaning it was purely a tax dodge.

THE SWINDLE INDUSTRY

The growth industry that is tax-dodging for the ultra-rich is not the sole preserve of one rogue bank, HSBC. On the contrary, they are a small point on the tip of a monumental iceberg. Some experts estimate a quarter of the world's wealth is held in offshore accounts, purely to avoid paying domestic business and income taxes. And over two-thirds of that is in British territories.


Four huge accountancy firms in the UK make a fortune for themselves and their capitalist clients by giving them expert advice on how to avoid and evade tax. One of them, PriceWaterhouseCooper, has promoted this swindle on an industrial scale, amassing a fortune for its owners in the process. They've just rewarded their executive board members with payouts of over £21million - an average £1.83m each. Legalised crime pays!

These accountancy firms are stuffed full of former top brass tax inspectors from HMRC, and the government hires the services of their representatives to help frame tax laws - which they help shape to suit the rich. And the accountancy firms then make money out of advising the rich on how to escape taxes...through loopholes they helped to devise in the first place!

It's not a case of a few rotten apples in the barrel, but of a system that is rotten and class-ridden to its core.

CAPITALISM = THEFT

Capitalism is a systematic swindling of the wealth created by the working class. But the rich don't leave anything to chance. They use accountancy firms, lawyers, tax experts, banks, politicians and the laws they frame to rip the profit out of the rest of us. It's a colossal machine constructed to redistribute wealth - away from the millions to the millionaires. And by god they've had some run of success!

BREADLINE BRITAIN

Whilst the pro-capitalist politicians try to distract our attention from the systemic corruption that is capitalism by chastising a few individuals that get caught red-handed, the latest figures on poverty and inequality reveal the consequences, but get little publicity.

Twenty million people in Britain are now below the breadline! Poverty has doubled since 1983. 3.5 million adults go hungry to feed their children. And an absolute majority of those in poverty - 52% - are in work.

Whilst the wealthiest 1,000 people have seen their obscene wealth virtually double in the last five years, to £519billion, workers' wages have dropped by £50 a week over the same period.

DEMAND £10 AN HOUR MINIMUM

We're told the SSP's demand for a living minimum wage of £10 an hour for all over 16 is 'unrealistic'. But the people preaching this are the ones who have systematically, consciously robbed society of £billions, not only through dodging taxes and buying politicians to keep taxes on big business and the rich at historic low levels, but through the entire system of profit itself.

In reply, the TUC needs to speak out in support of its own unanimously agreed policy of a £10 national minimum wage, and give a lead in demanding closure of the tax loopholes that help engorge the rich, and confiscation of the assets of companies and individuals found to have dodged taxes.

TAXATION - AND PUBLIC OWNERSHIP

Decent wages, expanded public services and new green industry jobs could all be easily funded if the rich were forced to pay proper taxes and the current annual loss of £120billion from tax avoidance, evasion and non-payment was halted. The jaw-dropping mountains of wealth accumulated by the richest 1% - in part through this monstrous international tax swindle - needs to be redistributed, with a wealth tax and vastly increased levels of Corporation Tax.

But taxation alone cannot rid society of the obnoxious inequality that the capitalist economic system is built upon. Why should the banks, accountancy firms, manufacturing and service industry multinationals have the ability to amass vast profits, dividends and bonuses for the owners and directors in the first place - regardless of whether they fancy paying the taxes they are meant to, or not?



CLEANSE SOCIETY OF CORRUPTION & CAPITALISM

This stinking corruption should embolden those of us who think the wealth created by the collective efforts of working people should be collectively owned, through measures such as democratic public ownership of the banks, big business and natural resources. That way the one in three people in Britain below the breadline could be raised to a life of plenty, with socially useful jobs created and decent wages for all, including the guaranteed minimum of £10 an hour. Capitalism equals corruption and cruel exploitation to create profits for the very few. Socialism would cleanse society of this foul system.


My blog pieces appear also in the Scottish Socialist Voice, fortnightly.