The
Amazon tax debate debacle shows, again, how far the West has fallen behind the
IRon Drapes of Europe, the US and the Pacific. This company has structured its
affairs, apparently, so as to pay as little tax as it legally has to in most of the countries it
operates in, and by doing so has become one of the most innovative companies in
the world, opening the world of books up to all of us, and making books cheaper
while availing readers of an abundance of authors we wouldn’t have access to
otherwise. Yet are they lauded for this? No, in the new slave West where
morality is turned on its head, they are marked as the enemy:
Andy Street said Amazon could
“out-invest” and “out-trade” UK companies if the Government does not take
action to force the online retailer to pay tax fairly in Britain.
“There
is less money to invest if you are giving 27pc of your profits to the
Exchequer,” Mr Street told Sky’s Jeff Randall. “Clearly, if you are domiciled
in a tax haven you’ve got much more [money]. They [Amazon] will out invest and
ultimately out trade us. And that means there will not be a tax base in the
UK.”
Let’s
read that from the point of view of a free man.
A
company that is allowed to keep its own earnings can invest those earnings to
innovate on behalf of the consumer, and keep their prices lower. 27% of their
profits kept by them does far more to benefit consumers and raise the quality
of living of all of us, than that same money going to financially and morally
bankrupted welfare surveillance states that have enslaved us, and are
dimming the lights of freedom and liberty all over again as they push whole
nations over the fiscal cliff and destroy the middle class.
Thanks
to Amazon I can sit in bed at 2.00am, almost anywhere in the world, browse any
author in the world, buy their book for possibly a third of the price I would’ve
been paying ten years ago, and have it downloaded to my ebook reader within a
millisecond. More, I’m writing a novel: let’s say it content is such that
traditional publishers wouldn’t have a bar of it, because it advocates via
narrative classical liberal values and the concept of the free world that
should’ve been our legacy. Well, no problem, Amazon gives me the ability to
self-publish to a world-wide audience: some authors whose voices would never
have been heard otherwise, are doing quite well by this, and creating a
readership for themselves. Amazon, far from being the villain, is the most
moral of entities; one of the biggest promoters of free speech in a world where free speech is under constant attack.
Perhaps instead of opprobrium they should be awarded the Nobel Peace Prize.
I propose the answer
is to give all of Amazon’s competitors the tax breaks they have, because that’s
how the consumer will really win. That’s what will raise the living standards
of the free world better than all this money going into the cruel mincer of the
surveillance state. But no, that won’t happen, we can't have successful companies being able to out-invest and out-trade the Nanny State, and, of course, brute men and women like these need their welfare cheques, so let’s crush Amazon under the iron fist of state,
and I can go back to just reading the Income Tax Act 2007 behind the IRon Drape. That's how far the West has fallen.
Oh, and regarding that quotation, note that damned word again? 'Fairly'.
I like the new concise approach. Much more readable.
ReplyDeleteIf you have three businesses competing, one is cheating on their taxes and the IRD, being a government department, does not enforce the issue, then to survive the two compliant businesses must also cheat or go out of business.
The inevitable effect of tax laws can force honest business people to cheat.
Cheating may not be evasion, it might just being able to use transfer pricing. Let’s say Amazon can, local internet resellers in the UK maybe cannot. If they could otherwise compete with Amazon, but due to wrinkles in the tax laws they cannot, then an honest business is no longer able to compete and must either leave the industry, cheat, or waste precious resources restructuring their business in order to game the tax system.
Cheers Damien. Afraid the next post will be a bit more wordy again.
Deletenever more than a thousand words Mark. Few read beyond that.
ReplyDeleteNo problem, I'll put the post up in four parts (and besides, the next one is written for the Minister, so it's his job to read it).
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