posted on Oct, 10 2012 @ 09:13 PM
Originally posted by la2
Facebook has been accused of taking the British taxpayer for a ride after experts suggested the company had depressed sales figures and that the
website's average UK employee earned more last year than the whole social media network paid the exchequer. The British arm paid its 90 UK-based
staff an average of £275,000 each in 2011 while contributing just £195,890 to the Treasury's coffers, according to the firm's latest accounts
filed at Companies House. The website also reported UK revenues of £20.4m, a fraction of the £175m that media analysts estimate the firm made in the
UK in 2011.
Well it seems Facebook is not being completely above board in its business practices, short changing the Exchequer concerning the amount of tax it has
to pay, this in a time where public money is so important, this surely deserves full investigation and punishment if found correct.
There's a long list of corporations who wine and dine the heads of the HMRC or threaten to waste millions in court fighting what they owe, and the
government makes "special deals" with them.
Check out this interesting graphic, and note that this only goes up to 2007. But you can check how things changed for many of them previously - in
that they paid less and less of what they owe seemingly every year. This is still happening now.
If we actually demanded the tax all of these companies owe the UK government, we would be out of debt, no cuts needed, and we'd have a profit. The
government can try to tell people it's the "benefits scroungers" all they like, that is a drop in the bucket compared to the corrupt tax deals they
make with their buddies in big business.
It's time people started voting with their wallets and showing their disgust with their feet. The protest in London this Saturday is going to be
worth watching, and I hope that it prompts people to start properly boycotting corrupt businesses and demanding answers from our corrupt leaders.