Yes, but it’s difficult to get tax money out of billionaires because they can afford expensive accountants. Far easier to just squeeze everyone else a bit more.
Make the accountants personally liable for defrauding the state. All of the little deductions like a work van, or home office/physio room start to add up. Small fry for individuals if they get caught, but you multiply it by an accountants entire set of customers’ accounts…
Does anyone know what happened to Jimmy Carr’s accountant btw?
Make the accountants personally liable for defrauding the state.
Are you suggesting that accountants are deliberately doing something illegal? Or is it more the case that the state has deliberately shitty loop hole hiding laws?
Yes, but it’s difficult to get tax money out of billionaires because they can afford expensive accountants. Far easier to just squeeze everyone else a bit more.
We should tax the accountants out of existence as well.
Make it more profitable to work for United Republic Inland Revenue.
Make the accountants personally liable for defrauding the state. All of the little deductions like a work van, or home office/physio room start to add up. Small fry for individuals if they get caught, but you multiply it by an accountants entire set of customers’ accounts…
Does anyone know what happened to Jimmy Carr’s accountant btw?
Are you suggesting that accountants are deliberately doing something illegal? Or is it more the case that the state has deliberately shitty loop hole hiding laws?
Majority of them will be operating within the law, and advising their clients to do legal things.
Two things are needed: massively ramped up enforcement and reform of the law.
They might want to introduce an exit tax before bringing in wealth taxes, and to tax unrealised gains by taking a % of shares (or whatever).