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GOOGLE – TAX AVOIDER

By Peter Dombi; cross-posted from Our Broken System
 
The news this week has been full of comment about Google, its dreadful tax avoidance, and the way it managed to strike a cosy deal with the Inland Revenue to get away with paying only 10% of the tax that should have been due on its[…]

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LABOUR’S LURCH TO THE LEFT

By Peter Dombi; cross-posted from Our Broken System
 
By electing Jeremy Corbyn as its new leader, the Labour Party has finally thrown off the last vestiges of Blair-ism and taken a firm step back towards its Leftist roots. This has led to much shock, both within the party and outside it, with the inevitable[…]

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THE LABOUR LEADERSHIP

By Peter Dombi; cross-posted from Our Broken System
 
With the demise of Ed Milliband after Labour’s election defeat, the race is now well underway to find a successor. Initially this seemed as if it would follow the predictable path, with various pro-business Blairite-type candidates fighting it out between them, while a token ‘Old Labour’[…]

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GREECE AND THE EURO

By Peter Dombi; cross-posted from Our Broken System
 
Over the next few weeks the news will be full of the unfolding Greek tragedy, and if current trends are anything to go by most criticism will be firmly directed either at the Greek people – for borrowing so much money in the first place; or[…]

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NON-DOM TAX AVOIDERS

By Peter Dombi; cross-posted from Our Broken System
 
This week the Labour Party made a manifesto pledge to abolish the scandalous ‘Non-Dom’ rule, which allows wealthy individuals to avoid paying tax on their foreign earnings, while the rest of us ordinary mortals have to pay all our tax in full. This rule is long-overdue[…]

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FREE MARKETS JUST MEAN CORPORATE CORRUPTION

By Peter Dombi; cross-posted from Our Broken System
 
This week we saw yet another scandal involving our banking system, when it turned out that HSBC have not only been facilitating large-scale tax avoidance and tax evasion via their Swiss subsidiary, but have even been advising their wealthy clients on how is the best way[…]

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OUR DISGRACEFUL FINANCE SECTOR

By Peter Dombi; cross-posted from Our Broken System
 
People would have been shocked today to hear of yet another scandal involving our beloved banks*. Apparently they’ve now been caught fixing foreign exchange rates, and fines totalling £2bn are being handed out to all the usual suspects including HSBC, Barclays, Royal Bank of Scotland (being[…]

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WE FIGHT FOR DEMOCRACY – THEY DEFEND FREE MARKET CAPITALISM

By Peter Dombi; cross-posted from Our Broken System
 
Yesterday a post was made on the website of the Centre for Policy Studies*, a right-wing think-tank that was set-up by Keith Joseph in 1974 to promote ‘Economic Liberalism’ – now more frequently called neo-Liberalism or Free Market Capitalism. Also counting Margaret Thatcher as one of[…]

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THE LABOUR PARTY IS COMPROMISED

By Peter Dombi; cross-posted from Our Broken System
Many people will be aware of the corrupting influence that the private funding of political parties has on our democratic process. The Tory Party gets most of its funding from big business (and over half its funding from the City of London) so it’s no surprise they[…]

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