I hope you’ve heard about the leak on money invested in offshore tax havens.
Per BBC, those invested include powerful, ultra-wealthy and even the Queen’s private estate.
I read total investments could be approx. £10tn – even in conservative estimates.
That’s a lot of money.
Money that’s siphoned off the country; to avoid taxes.
Taxes, that could be used to improve the standards of our schools, hospitals, roads, rails, community services,…..
Money, that could be used to build a better country, a better future for our children.
Which means, each of the participant – either direct or indirect – is working against the nation’s growth.
What powers do we (who pay taxes on however small income we get) have to stop these tax evaders?