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"Blame the system not the folk or companies that exploit that system."  | |||
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"No. They do pay some tax, and if everyone did think about the mass unemployment and huge loss in tax revenue from that." Unemployed robots and van drivers on zero hours contracts? | |||
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"No. They do pay some tax, and if everyone did think about the mass unemployment and huge loss in tax revenue from that." So having fewer supermarkets wouldn't mean more independent shops supplying food, local economies, communities or paying into the treasury? The same applies to Amazon, they determine who and what sells at which price, eventually undercutting the high street as footfall drops. People (as they did/do with supermarkets) only complain when it is too late, shops close and choice has gone. | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured?" Personally i buy very few clothes because virtually none of the retailers can guarantee how they were made. I ask in the shop and if they can't answer, then i don't buy. I read the reports about standards, but there are no guarantees. They just tell you the average standard by company. | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured? Personally i buy very few clothes because virtually none of the retailers can guarantee how they were made. I ask in the shop and if they can't answer, then i don't buy. I read the reports about standards, but there are no guarantees. They just tell you the average standard by company. " I've also found it makes fuck all difference whether the jeans are £20 to £200 in terms of how the workers are treated. I've picked up some expensive jeans and found the shops couldn't explain anything of substance about how the workers were treated. | |||
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"You can't have a system that relies on companies voluntarily paying tax. Collecting taxes is one of the most basic jobs of government, if they can't do that then why should they be trusted with anything else. " You tell me...they shouldn't The Irish government are doing their best to not receive 14 billion from Apple yet were quick to bail out banks at the public's expense. 14k per tax payer. | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured?" All of products from high street fashion retailers come from the same factories. All factories are audited by each retailer who try to keep them in line. | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured? All of products from high street fashion retailers come from the same factories. All factories are audited by each retailer who try to keep them in line." No audited, but inspected. Routinely. | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured? Personally i buy very few clothes because virtually none of the retailers can guarantee how they were made. I ask in the shop and if they can't answer, then i don't buy. I read the reports about standards, but there are no guarantees. They just tell you the average standard by company. I've also found it makes fuck all difference whether the jeans are £20 to £200 in terms of how the workers are treated. I've picked up some expensive jeans and found the shops couldn't explain anything of substance about how the workers were treated. " Try to buy products with Fair Trade labels on them.. you won’t find many though | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured? All of products from high street fashion retailers come from the same factories. All factories are audited by each retailer who try to keep them in line." I used Primark as an example because they are cheaper than the likes of River Island so probably have a higher footfall. | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured? All of products from high street fashion retailers come from the same factories. All factories are audited by each retailer who try to keep them in line." George and Superdry are made in the same factory | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured? All of products from high street fashion retailers come from the same factories. All factories are audited by each retailer who try to keep them in line. No audited, but inspected. Routinely." I bet they have a corporate "policy" somewhere beside a poster of a smiling Vietnamese childworker Good job! | |||
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"I thought the role of all companies is to increase profits for their shareholders .Even if that means aggressive tax avoidance and getting your product made as cheaply as possible in a foreign land . Ethical consumerism is a myth .Marketing your product as ethical is just a new age gimmick with little or no substance." | |||
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"Out of curiosity, do many people boycott the likes of Primark, considering where their produce is manufactured? All of products from high street fashion retailers come from the same factories. All factories are audited by each retailer who try to keep them in line." Not all products, but lots share factories/suppliers. I shouldn't post in a rush.  | |||
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"Ummm they do pay taxes - in 2017 they paid £4.5m in taxes Corporation taxes are based on profits not revenue... You can also bet amazon will be subjected to even stricter audits due to the media printing only one side of a story... Like Amazon globally breaking £1.9 billion... Bit each country will make them pay taxes Now with amazons continued growth across the UK with opening new warehouses, securing jobs - recently 1000 new jobs created in Bristol with their new warehouse...so id much rather they kept reinvesting into the economy that way " Don’t mention amazon’s new warehouses, they’re a bloody pain! I work for a large parcel company who deliver to amazon warehouses. They recently opened a new one and had people ship to them, but wouldn’t allow our vehicles on site to make those deliveries! We ended up waiting nearly 2 months thousands of parcels waiting to be delivered, all sat in our small warehouse with more coming in every day. The manager of their warehouse even had personal parcels being delivered to his work place and would phone us up multiple times a day to whinge that we hadn’t delivered his parcels. Apparently they should have been picked out and sent on a vehicle to his office while all the other thousands of parcels were just sat waiting for him to get the relevant site inspections and safety checks of the loading bays done so that we could deliver. | |||
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"I thought the role of all companies is to increase profits for their shareholders ." You wanna know, how I know, you didn't go to business school? | |||
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"I thought the role of all companies is to increase profits for their shareholders . You wanna know, how I know, you didn't go to business school? " I am sure you want to tell me and feel all warm and fuzzy about it. I left school at 16 and I'm thick as fuck ... | |||
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"I thought the role of all companies is to increase profits for their shareholders . You wanna know, how I know, you didn't go to business school? I am sure you want to tell me and feel all warm and fuzzy about it. I left school at 16 and I'm thick as fuck ..." You're not thick, you're left wing. They are similar, but different. You're alluding to 'fiduciary duty'. Fiduciary duty is not about increasing profits, but representing the interests of shareholders. Which essentially means you can't use the company assets to enrich yourself at their expense. The way to maximise short term profits is pretty much the opposite of how to maximise long term profits, maximising short term profits usually collapses the company, which is not in the best interests of the shareholders. Hence, the most profitable year in RBS history was 2007, go figure. So no, evading tax is not part of the role of every company. | |||
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"https://www.theguardian.com/technology/2017/aug/10/amazon-uk-halves-its-corporation-tax-to-74m-as-sales-soar-to-7bn Amazon paid just £15m in tax on European revenues of £19.5bn ... " Revenue is irrelevant to tax | |||
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"I thought the role of all companies is to increase profits for their shareholders . You wanna know, how I know, you didn't go to business school? I am sure you want to tell me and feel all warm and fuzzy about it. I left school at 16 and I'm thick as fuck ... You're not thick, you're left wing. They are similar, but different. You're alluding to 'fiduciary duty'. Fiduciary duty is not about increasing profits, but representing the interests of shareholders. Which essentially means you can't use the company assets to enrich yourself at their expense. The way to maximise short term profits is pretty much the opposite of how to maximise long term profits, maximising short term profits usually collapses the company, which is not in the best interests of the shareholders. Hence, the most profitable year in RBS history was 2007, go figure. So no, evading tax is not part of the role of every company. " Left wing? I thought he was a liberal? | |||
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"I thought the role of all companies is to increase profits for their shareholders . You wanna know, how I know, you didn't go to business school? I am sure you want to tell me and feel all warm and fuzzy about it. I left school at 16 and I'm thick as fuck ... You're not thick, you're left wing. They are similar, but different. You're alluding to 'fiduciary duty'. Fiduciary duty is not about increasing profits, but representing the interests of shareholders. Which essentially means you can't use the company assets to enrich yourself at their expense. The way to maximise short term profits is pretty much the opposite of how to maximise long term profits, maximising short term profits usually collapses the company, which is not in the best interests of the shareholders. Hence, the most profitable year in RBS history was 2007, go figure. So no, evading tax is not part of the role of every company. Left wing? I thought he was a liberal?" Is that better or worse I can never tell . Anyway Under the 2006 Companies Act, directors of British companies are required to promote the success of the business for the benefit of its members (the shareholders). I assume something similar is in place in the USA. Obviously the wording is a little ambiguous and most likely for good reason .Making a profit is a mark of success I would of thought .If avoidance is legal then the only question is ,do the shareholders approve of it . | |||
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"I thought the role of all companies is to increase profits for their shareholders . You wanna know, how I know, you didn't go to business school? I am sure you want to tell me and feel all warm and fuzzy about it. I left school at 16 and I'm thick as fuck ... You're not thick, you're left wing. They are similar, but different. You're alluding to 'fiduciary duty'. Fiduciary duty is not about increasing profits, but representing the interests of shareholders. Which essentially means you can't use the company assets to enrich yourself at their expense. The way to maximise short term profits is pretty much the opposite of how to maximise long term profits, maximising short term profits usually collapses the company, which is not in the best interests of the shareholders. Hence, the most profitable year in RBS history was 2007, go figure. So no, evading tax is not part of the role of every company. Left wing? I thought he was a liberal? Is that better or worse I can never tell . Anyway Under the 2006 Companies Act, directors of British companies are required to promote the success of the business for the benefit of its members (the shareholders). I assume something similar is in place in the USA. Obviously the wording is a little ambiguous and most likely for good reason .Making a profit is a mark of success I would of thought .If avoidance is legal then the only question is ,do the shareholders approve of it ." Again, short term profits or long term profits? | |||
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"Will you stop buying from Amazon in order to stand high on the moral ground? Amazon doesn’t pay taxes in the UK which means we are paying for the facilities they use and in return they contribute nothing. Other big companies do the same but it has to start somewhere.. Will you do it and go the extra mile to find what you need from an independent online retailer or not? " Sure yes I stopped over a year ago. Out of order getting away with tax, I am self employed and I get hammered. SAY NO. | |||
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"I thought the role of all companies is to increase profits for their shareholders . You wanna know, how I know, you didn't go to business school? I am sure you want to tell me and feel all warm and fuzzy about it. I left school at 16 and I'm thick as fuck ... You're not thick, you're left wing. They are similar, but different. You're alluding to 'fiduciary duty'. Fiduciary duty is not about increasing profits, but representing the interests of shareholders. Which essentially means you can't use the company assets to enrich yourself at their expense. The way to maximise short term profits is pretty much the opposite of how to maximise long term profits, maximising short term profits usually collapses the company, which is not in the best interests of the shareholders. Hence, the most profitable year in RBS history was 2007, go figure. So no, evading tax is not part of the role of every company. Left wing? I thought he was a liberal?" Left wing with bohemian undertones | |||
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"Will you stop buying from Amazon in order to stand high on the moral ground? Amazon doesn’t pay taxes in the UK which means we are paying for the facilities they use and in return they contribute nothing. Other big companies do the same but it has to start somewhere.. Will you do it and go the extra mile to find what you need from an independent online retailer or not? Sure yes I stopped over a year ago. Out of order getting away with tax, I am self employed and I get hammered. SAY NO. " Lots of self employed aren’t as honest as you, there must be billions in tax evasion through clever accounting by the self employed and cash in hand jobs. | |||
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"Will you stop buying from Amazon in order to stand high on the moral ground? Amazon doesn’t pay taxes in the UK which means we are paying for the facilities they use and in return they contribute nothing. Other big companies do the same but it has to start somewhere.. Will you do it and go the extra mile to find what you need from an independent online retailer or not? Sure yes I stopped over a year ago. Out of order getting away with tax, I am self employed and I get hammered. SAY NO. Lots of self employed aren’t as honest as you, there must be billions in tax evasion through clever accounting by the self employed and cash in hand jobs. " It's getting harder with the cashless society weve become .Im self employed and every other customer wants a discount for cash.Its often customer driven.I paid cash recently to avoid vat on some work done . | |||
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" Will you do it and go the extra mile to find what you need from an independent online retailer or not? Sure yes I stopped over a year ago. Out of order getting away with tax, I am self employed and I get hammered. SAY NO. Lots of self employed aren’t as honest as you, there must be billions in tax evasion through clever accounting by the self employed and cash in hand jobs. It's getting harder with the cashless society weve become .Im self employed and every other customer wants a discount for cash.Its often customer driven.I paid cash recently to avoid vat on some work done . " It is but it still happens and employing family members as directors/company secretaries of ltd companies. All ploys to avoid tax. | |||
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"I thought the role of all companies is to increase profits for their shareholders . You wanna know, how I know, you didn't go to business school? I am sure you want to tell me and feel all warm and fuzzy about it. I left school at 16 and I'm thick as fuck ... You're not thick, you're left wing. They are similar, but different. You're alluding to 'fiduciary duty'. Fiduciary duty is not about increasing profits, but representing the interests of shareholders. Which essentially means you can't use the company assets to enrich yourself at their expense. The way to maximise short term profits is pretty much the opposite of how to maximise long term profits, maximising short term profits usually collapses the company, which is not in the best interests of the shareholders. Hence, the most profitable year in RBS history was 2007, go figure. So no, evading tax is not part of the role of every company. Left wing? I thought he was a liberal? Left wing with bohemian undertones " Zzzzzzzz zzzzzzzzzz zzzzzzzzzz zzzzzzzzzz zzzzzzzz zzzzzzzzz zzzzzzzzzz zzzzz zzzzzzzzz | |||
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"I won’t! Plus I’ve amazon prime and ain’t giving that up!" Snap. | |||
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"Will you stop buying from Amazon in order to stand high on the moral ground? Amazon doesn’t pay taxes in the UK which means we are paying for the facilities they use and in return they contribute nothing. Other big companies do the same but it has to start somewhere.. Will you do it and go the extra mile to find what you need from an independent online retailer or not? " They also lay badly and I lose terrible conditions. But will I stop? Dunno.... appalling. | |||
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