Who is to blame for World poverty.... yachties according to the Guardian!
Tax abuse and money laundering is trapping billions in poverty, says UN
Seems a bit mean to me.
Firstly where in the report does it say yachties are to blame for world poverty, I can't see it
Secondly the Guardian are not saying it, they are reporting on a report
Lastly this would be better in the lounge as it has little or nothing to do with yachts
Yes, it was meant to show a tax haven I assume, There looks to be an Island, some houses and boats, no where does it say yachties are to blame for world povertyLost your sense of humour this morning, did you see the stock photo they used to illustrate the problem of tax evasion?
Lost your sense of humour this morning, did you see the stock photo they used to illustrate the problem of tax evasion?
Cheers, easy. ?Pretty sure I paid mine and everyone elses tax last year so I also have a clear conscience ?
Indeed, Shutterstock in this case. It's a fair point, your average lazy hack reaches for a yacht/marina stereotypical image to illustrate anything to do with wealth, tax, inequality, poverty, global warming, the list goes on.
Stereotype a group of people this way using other metrics and law suits would be a flyin!
It's also misleading, as wealth is overwhelmingly stored in mines, businesses, property, financial securities, fine art, gold, diamonds, etc.
The caption on the 'stock photo' clearly states 'Several UK overseas territories and crown dependencies, including the British Virgin Islands (pictured), Guernsey and Jersey, have a zero corporation tax rate. 'Yes, it was meant to show a tax haven I assume, There looks to be an Island, some houses and boats, no where does it say yachties are to blame for world poverty
As for humour didn't see much of it in your post
The OP may be misuderstanding the term "offshore".Firstly where in the report does it say yachties are to blame for world poverty, I can't see it
Together with death, the only certain thing, apparently. Which do you prefer?What's tax?
I've just remembered that famous Jack Benny (supposed notorious miser) sketch. In it he is mugged by a gunman who demands "Your money or your life". Benny takes his time deciding...I'll take Hobson's choice! ?
It's not lazy stereotyping, it's a photo of the BVI; perfectly reasonable in the context of the article.
These offshore tax havens, and the shady individuals and companies who park their money in them to avoid contributing their fair share to society, not only exacerbate poverty, but also mean that the likes of most members of this forum have to pay more tax than they would otherwise be required to.
There is an issue with many of the mega yachts and tax dodging. One of the first thing that crosses my mind when I see some monster yacht registered in a tax haven is "There's someone who isn't paying their tax".
When I read posts like that I think to myself ,that there are those out there that are somewhat envious of the successful.There is an issue with many of the mega yachts and tax dodging. One of the first thing that crosses my mind when I see some monster yacht registered in a tax haven is "There's someone who isn't paying their tax".
When I read posts like that I think to myself ,that there are those out there that are somewhat envious of the successful.
I further suggest that there is nothing wrong with tax avoidance. Many - even some on this forum --would use the rules to their advantage, if they could.
So where does the principle end. At claiming for one's car against traveling expenses. Or for one's super yacht chartering expenses , perhaps in a tax haven?
Of course tax evasion is different"