Christine Lagarde, the IMF boss who caused international outrage after she suggested in an interview with the Guardian on Friday that beleaguered Greeks might do well to pay their taxes, pays no taxes, it has emerged.
As an official of an international institution, her salary of $467,940 (£298,675) a year plus $83,760 additional allowance a year is not subject to any taxes.
[Snip]
Lagarde, 56, receives a pay and benefits package worth more than American president Barack Obama earns from the United States government, and he pays taxes on it.
The same applies to nearly all United Nations employees – article 34 of the Vienna convention on diplomatic relations of 1961, which has been signed by 187 states, declares: "A diplomatic agent shall be exempt from all dues and taxes, personal or real, national, regional or municipal."
At the heart of the Western police states, what really makes me angry living behind the IRon Drape, is the immorality of the whole damned, fetid edifice.
And closer to home, if you enjoyed a Good Bastards beer from The West Coast Brewery, well, I have to call on the final round. IRD solicitor Helen Sumner has decided because of unpaid taxes, penalties and interest, it's better in this world-wide recession - and freedom can go hang itself - to liquidate The West Coast Brewery and its workers, and create another burden for those of us still left to shoulder the voracious tax appetite of our politicians. Why isn't IRD culpable for the economic harm they cause? (Rhetorical question, of course).
The tax amount aside, the truly obscene aspect of this story is how this company's tax bill grew, upon penalties and interest that would have made Al Capone blush, from $87,500 to the current total of $234,000. As Paddy Sweeney, the brewery's founder, says:
"Between the global financial crisis and the earthquakes, it hasn't been an easy time. The original amount ... had trebled in the three years since [the debt was incurred] because of penalties and compound interest. ...[These penalties] are a blight for how the government treated businesses trying to put matters right."
I would say it's simply a 'blight for how the government treated businesses', period.
There was a major revolution for freedom fought 236 years ago over less than the abuses Western governments now exact on the tax-slaves forced to pay-up for their tyrannies. Shame on you for allowing this to happen, Peter Dunne. If you were honourable, you would step down.
At the very least, something has to be done about the IRD penalty and interest system. It's the final brass knuckle of state being put into a business when it's on hard times, and it's driving good men and women to drink, and to the brink.
Horrifying to read of The West Coast Brewery being killed off by the IRD. It would be interesting at election time to publish a list of companies liquidated in each electorate, and jobs lost, because of IRD nastiness.
ReplyDeleteWell that's a Libertarian ad campaign right there Richard :)
ReplyDeleteand Helen Clark cheerleading it on, would be so funny if it wasn't other people's money.
ReplyDeleteOne of the most grotesque sights nowadays is Helen Clark flying first class around the world staying in 5 star hotels talking about poverty in developing countries on her tax free salary.
Yes, although -and the current lot are little better - at least she's not making tax policy here anymore.
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