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Noted WDC fraudster, Lewis Hamilton, is now a noted tax fraudster http://www.bbc.co.uk/news/uk-41886607
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Nov 6, 2017 19:45
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The Unfetered One posted:Noted WDC fraudster, Lewis Hamilton, is now a noted tax fraudster #megatax
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Nov 6, 2017 19:47
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Norns posted:#megatax #ultimateclient
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Nov 6, 2017 19:47
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Tax evasion? In MY F1?!? Well I never!
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Nov 6, 2017 19:48
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Disgusting. The FIA must act and give Lewis Hamilton a lifetime ban from motorsport.
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Nov 6, 2017 19:49
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poois, pay the tax (USER WAS PUT ON PROBATION FOR THIS POST)
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Nov 6, 2017 20:17
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Ban Lewis Hamilton from life
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Nov 6, 2017 20:18
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Award every title that noted criminal Lewis Hamilton won to a fair and good person Sebastian Vettel of Scuderia Ferrari
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Nov 6, 2017 20:21
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drat, who would've thought a bajillionaire athlete would cheat on his taxes.....
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Nov 6, 2017 20:22
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Feels Villeneuve posted:Disgusting. The FIA must act and give Lewis Hamilton a lifetime ban from motorsport. The FIA bans everyone that has dodged taxes... The only remaining WDC is *checks notes*
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Nov 6, 2017 20:26
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Real talk:Gigi Galli posted:drat, who would've thought a bajillionaire athlete would cheat on his taxes..... It's not uncommon for athletes (and actors/actress), specifically ones that compete internationally, to set up shell accounts in tax havens (Panama, Monaco, occasionally the US) and list that as their home for tax purposes. The primary reason is it A. lower taxes, and B. helps keep things simple for accounting purposes (I forget most of the specifics). This came up when the Panama Papers leaked as well.
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Nov 6, 2017 20:29
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iospace posted:Real talk: Reason A is true reason B is wrong and the complete opposite. Like five different companies were leasing Lewis's jet at the same time, this is a long established strategy where these companies deliberately make this poo poo confusing as hell so that when some underpaid guy in a government tax department looks at it he can't make heads or tails of the situation and he'll get screamed at by his supervisor if he takes the time required to actually go through and vet everything.
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Nov 6, 2017 20:34
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iospace posted:Real talk: As well as other known tax evaders like all big corporations. As long as they stick to the law in the country they declare taxes (and the countries they ship their income from), it’s legal. Besides public outcry they haven’t got much to fear. Other news today, water is wet and ice is cold.
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Nov 6, 2017 20:35
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The Unfetered One posted:Noted WDC fraudster, Lewis Hamilton, is now a noted tax fraudster The Isle of Man has the best fans in the world! Every site made its own animation for this. https://www.youtube.com/watch?v=HIpWxhBhBHI
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Nov 6, 2017 20:47
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A lot of these tax dodges are legal loopholes. I know it's incredibly tempting to piss and moan about the wealthy avoiding tax payments, but if you can pay your accountant $100k a year to save you $5m a year in tax through entirely legal means, why the gently caress wouldn't you? If you're gonna be pissed at anybody, be pissed at the tax authorities and legislatures who deliberately create 9,000 page tax codes riddled with lovely loopholes only the super wealthy can afford to exploit.  ETA: fun fact, I'm off to Jersey on Wednesday to advise a couple of clients who, in turn, advise hundreds of wealthy individuals how to avoid paying tax. My own little tax dodge whilst being out there for 16 hours will be to bring back cigarettes and not pay VAT on them. #megafag Theophany fucked around with this message at 20:56 on Nov 6, 2017 |
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Nov 6, 2017 20:53
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Because you should care about people other than yourself. That’s what taxes are for. And it’s incredibly simple-minded and naive to say “well the loopholes are there!” when it’s the super rich who lobbied them into existence in the first place.
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Nov 6, 2017 20:59
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Theophany posted:A lot of these tax dodges are legal loopholes. I know it's incredibly tempting to piss and moan about the wealthy avoiding tax payments, but if you can pay your accountant $100k a year to save you $5m a year in tax through entirely legal means, why the gently caress wouldn't you? I am absolutely pissed at the tax authorities but on the other hand the finance minister of our country is the head of a major financial consulting firm, has major offshore assets, and couldn't push through closing a tax loophole that says "You can give anybody and everybody in your family $18k tax free as 'salary' every year for doing gently caress all with no consequences and could make that amount higher to completely dodge higher tax brackets" It seems much more realistic to just shame people with high exposure in the media into paying taxes properly. This is the society we're in lmbo.
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Nov 6, 2017 20:59
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1500quidporsche posted:I am absolutely pissed at the tax authorities but on the other hand the finance minister of our country is the head of a major financial consulting firm, has major offshore assets, and couldn't push through closing a tax loophole that says "You can give anybody and everybody in your family $18k tax free as 'salary' every year for doing gently caress all with no consequences." The thing is, the people with high exposure in the media have no real reason to start paying their fair share even if shamed. They're under no obligation to release their tax returns even if they say they do. We'll take them at their word and be none the wiser.
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Nov 6, 2017 21:01
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iospace posted:The thing is, the people with high exposure in the media have no real reason to start paying their fair share even if shamed. They're under no obligation to release their tax returns even if they say they do. We'll take them at their word and be none the wiser. You're completely right, but as I said it seems much more likely than any government actually closing these loopholes anytime soon.
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Nov 6, 2017 21:04
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Theophany posted:A lot of these tax dodges are legal loopholes. I know it's incredibly tempting to piss and moan about the wealthy avoiding tax payments, but if you can pay your accountant $100k a year to save you $5m a year in tax through entirely legal means, why the gently caress wouldn't you?
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Nov 6, 2017 21:06
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I for one am SHOCKED that people who have never claimed to be socialists and have fully embraced the capitalist lifestyle try to avoid taxes. If any of them turn out to be Are lot then I fully embrace any and all lynching by the press.
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Nov 6, 2017 21:16
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Did you guys know if you have a work uniform you can claim like £80 tax back on a washing machine purchase? I took one of the free company hoodies from my last place for this purpose. Don't think I ever actually even washed it. Tax avoidance is not just for the rich!
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Nov 6, 2017 21:18
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There is a near-total overlap between “people who complain about taxes” and “people who complain about road quality” and it makes me lol until I start sobbing.
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Nov 6, 2017 21:20
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wicka posted:There is a near-total overlap between “people who complain about taxes” and “people who complain about road quality” and it makes me lol until I start sobbing. I believe using some kind of service or infrastructure without paying for it is what those people would call socialism 
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Nov 6, 2017 21:22
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I don't abuse tax loopholes because I think people in America need to be loving taken care of. Even if they actively vote against it themselves
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Nov 6, 2017 21:23
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Norns posted:I don't abuse tax loopholes because I think people in America need to be loving taken care of. Even if they actively vote against it themselves It's me. I'm the 60 year old Kentucky man with three teeth complaining about Obamacare because I'd have to pay for Children's Orthodontics even though I don't have children.
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Nov 6, 2017 21:24
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Hamilton's morally wrong but legally sound avoidance of vat due for personal use of a £3m jet he was using mostly for business use is in no way an attempt at distraction from the allegations against wealthier but less famous individuals. Lord Ashcroft's hundred million pound avoidance while being a major Tory donor, breaking numerous laws by claiming (publicly) to be living in the UK, paying tax and sitting in the House of Lords while actually continuing to be non-domiciled the whole time is definitely less important, for instance.
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Nov 6, 2017 21:27
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See the difference is I don't loving know who the Lord Ashcroft is
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Nov 6, 2017 21:29
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Lord Ashcroft sounds like a oval office tbqh
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Nov 6, 2017 21:30
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But I mean yeah gently caress that guy and Lewis Hamilton to
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Nov 6, 2017 21:31
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Norns posted:See the difference is I don't loving know who the Lord Ashcroft is That's the point. Look at the trivial cases of famous people and ignore the much more insidious stuff from people who are much happier in the shadows
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Nov 6, 2017 21:31
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The rich are bad and I can't wait for Big Jezza Corbs to expropriate wealth by government fiat.
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Nov 6, 2017 21:32
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I wish we had a Corbyn type here. Like if Bernie was actually good at politics.
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Nov 6, 2017 21:34
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Tsaedje posted:That's the point. Look at the trivial cases of famous people and ignore the much more insidious stuff from people who are much happier in the shadows That's a little  tbh.The much more likely situation is they sat round in a meeting room and said "Nobody knows who the gently caress Lord Ashcroft is, if we do an expose on Lewis Hamilton that will generate alot more heat." Which isn't to say that the bigger issue isn't the shadier out of the spotlight poo poo, but news is overwhelmingly dictated by what's going to get read more.
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Nov 6, 2017 21:34
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wicka posted:Because you should care about people other than yourself. That’s what taxes are for. I'm not making a value judgement, be nice. They should absolutely be closed because the majority beneficiaries are the people who don't need the extra money. It's admirable that the likes of James Dyson and JK Rowling do not go out of their way to take advantage of tax loopholes when they would objectively benefit from doing so in a material way because they think it is wrong. Equally, I'm not going to poo poo on somebody for taking advantage of them when they're legal. It makes me irrationally angry how mainstream media outlets like the BBC wilfully conflate tax avoidance and tax evasion and they're nothing the loving same for Christ's sake.
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Nov 6, 2017 21:34
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1500quidporsche posted:That's a little You're underestimating how much the politicians, big businessmen and press are exactly the same group of people in the UK. They absolutely do this poo poo all the time
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Nov 6, 2017 21:38
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They should be considered the same because they are both fundamentally wrong, regardless of what the law says. You are a piece of poo poo if you don’t pay your fair share of taxes.
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Nov 6, 2017 21:39
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I am self-employed and take my entire compensation as regular salary because I am a big social democrat softie whose considerable tax contribution will inevitably be squandered by my terrible neoliberal government on dumb poo poo, but it's the principle, dammit.
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Nov 6, 2017 21:44
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Norns posted:See the difference is I don't loving know who the Lord Ashcroft is Lord Ashcroft is the man who paid a lot of money to get both the Conservative party in the UK into power and the Liberal Party in Australia into power. He is An Enemy of the people. When he fell out with Cameron he wrote a book “Call me Dave” which is where the now infamous pig loving allegations come from.
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Nov 6, 2017 21:45
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McGuinty posted:I am self-employed and take my entire compensation as regular salary because I am a big social democrat softie whose considerable tax contribution will inevitably be squandered by my terrible neoliberal government on dumb poo poo, but it's the principle, dammit. The NDP are very obviously giant socialists/borderline commies ruining the Alberta economy. Their policies are definitely not almost identical to the preceding Conservative government lol.
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Nov 6, 2017 21:46
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