Tuesday, 25 September 2012

Hillary Clinton is right and wrong ...

... when she said "... make the rich pay more tax".  Although such a strident call will appeal to the radical political left.

It comes across better when she expanded her thoughts with "... there are rich people everywhere and yet they do not contribute to the growth of their own countries".  This type of rhetoric will stir the blood of societies poor.

She further elaborated during a glittering New York conference by saying "... one of the issues that I have been preaching about around the world is collecting taxes in an equitable manner, especially from the elites in every country".  People are becoming a little more comfortable with the notion.

With three sentences she appealed to probably 70% (my guess based on anecdotal evidence) of the population, but the most important offering is the third when she used the term "equitable manner", it is an expression that seems to be underpinned with fairness.

This is not socialism, that political concept is dead and buried, it is "Stakeholder Politics" where everyone contributes to everything, not equally .... but not disproportionately, where rewards are proportional in a country where people are able to do more than just survive, and a country where everyone has the opportunity to achieve their full potential.

Is she telling the electorate they are "stakeholders", interesting times for the peoples of the USA, interesting times for the Republican Party, can they ever win where the vast majority realize they will never have a stake in the USA when the Republican  Party is in the White House.

We have issues in the UK, a senior tax lawyer might tell you to "leave before we set the dogs on you", referring to a well-spoken band of undercover protesters known as "The Intruders" as "trespassing scum", all because you might not approve of people such as ...

... the former HMRC boss Dave Hartnett,   The Intruders presented Mr Hartnett with a spoof "Golden Handshake" gong, the group were ejected by a dinner guest who called them "trespassing scum". A video of their exploits went viral yesterday on YouTube. Under Mr Hartnett's watch, HMRC was accused of agreeing "sweetheart deals" with major corporations such as Goldman Sachs and Vodafone. A Public Accounts Committee report criticised Mr Hartnett for being "too cosy" with big business. He was accused of signing off on a deal that saved Goldman Sachs £20m in tax payments and another which cut Vodafone's tax bill from £8bn to £1.25bn.

What chance the little people of the UK when our taxman was Dave Hartnett, we need a Hillary in Downing Street, but more than Hillary we need UK businesses to pay their unavoidable taxes, is that wishful thinking ?

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