Sunday, 10 April 2016

When is a wealth creator actually a thief?

WHEN does a wealth creator become a wealth thief? It's an important question because just now the very people who have been telling us how much we need wealth creators are furiously defending the very same people for stealing away with the wealth they have created.
For context remember this – all those tax haven customers include the same people whose various activities led to the Great Crash and the same people who called, regardless of politics, for the government of the day to bail out the banks. And all those trillions of pounds of national cash disappeared into the same buckets as started the rot in the first place. Ask yourself how much went into offshore tax havens and private (secret) bank accounts.
So let's examine the idea of the wealth creator. This propaganda seeks to encourage us all to admire 'entrepreneurs'* and similar 'investors' for the fact that, it is said, we would not be so well off without them. But the reality is a long way from that simplistic approach.
A wealth creator is someone who employs other people to make or do things that earn money. In return the workers get paid and the wealth creator takes the profits. Properly organised there is nothing wrong with that. A bit of regulation to protect the workers and consumers and some taxation to provide the education, health, welfare and transportation that workers and consumers rely on and all is well. But it costs and everyone needs to pay according to their ability and needs.
The workers and the consumers have little choice or method for not paying their taxes, whether income or expenditure based. Not so the 'wealth creator' whose taxation is complex and capable of adjustment or even avoidance.
Now we come to the crux – these wealth creators as they are miscalled - choose to live and do their stuff in Great Britain because they see it as either a good place to live or to do business – or both.
The people they employ depend upon the infrastructure that taxation pays for. The wealth creators benefit directly from all this infrastructure, even if they have private schooling, private health and a private jet. And their wealth creating activities demand ever better4 educated, ever healthier workers and place every heavier burdens on transportation, environment and even the air we breathe and the water we drink.
If they avoid paying their share of that and squirrel away their wealth they are thieves. Worse, because they bang on about how important they are to the rest of us, they are liars and hypocrites.
On top of that we are governed, currently in particular, by politicians who want us to believe we need these people for the wealth they create. No we don't. If they quit Britain they will end up NOT paying taxes in another country and what would we care?
Of course, amongst these shysters and crooks are some good people – wealth creators who see to it that they share the wealth they create with their workers. Who do pay most if not all of the taxes they owe. And who don't lecture the rest of us from beneath their slimy stones from which, to be frank, emergence is too good for them.
The majority of the 'wealth' we the workers have created has been stolen, secreted away in secret banks and vaults, turned into promissory notes, fiddled into piles of gold and diamonds and silver.
Do not be in doubt – if they all left tomorrow we would in reality be a lot better off. To hell with the lot of them.

*By the way an 'entrepreneur' is the first into something – Marconi counted; Dyson just about counts; most of the rest do not. The majority are just people starting businesses – good for them if they do it right.


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