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11 October 2007

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Super-rich super-donators

NEARLY A tenth of all political donations for Britain's capitalist parties, amounting to £17.5 million, are made by 'non-domiciled super-rich' people.

These millionaires and billionaires use Britain's tax laws to escape paying UK tax on all of their income and capital gains in the rest of the world.

All they have to do, providing they do not bring the money into the country, is claim to be linked to some other domicile.

Chancellor Darling is under pressure to amend these tax laws. But possibly not too much.

New Labour has made a huge amount (£8.9 million) in donations from 'non-doms' like Lakshmi Mittal. The Tories got £5.7 million, the Lib Dems £2.9 million.

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Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.

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In The Socialist 11 October 2007:

Unity with the postal workers

Gloucestershire shows determination

Marching in support of the Burslem 12

Anger at Leighton, Crozier and Brown

Picket line round-up

Determination to continue the battle


Socialist Party NHS campaign

Private hands off our NHS!


What we think

Brown's expedient election climb-down


War and terrorism

Anti-war movement upholds right to protest

Burmese students join London march


Socialism 2007

Socialism 2007: Debates to sharpen your socialism


Socialist Party news and analysis

Windscale 1957

Super-rich super-donators

Any spare cash?

Beat back the profiteers

Cuts kill - no reductions in the fire service!


Socialist Party feature

1917 October Revolution: the working class took power


International socialist news and analysis

Darfur bloodshed fuelled by land and oil grab

Iraq occupation: Brown's token gesture


Workplace news and analysis

Civil servants march against cuts and privatisation

Bolton care workers fight on

National Shop Stewards Network holds meetings around the country


 

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Related links:

Super-rich:

triangleNo trust in billionaire owners - kick them out and reclaim the game

triangleWhy I'm standing for TUSC

triangleNot a budget for the working class!

triangleMake the super-rich pay, not the poorest

triangleSuper-rich tax evasion costs 34 million nurses worldwide

Article dated 11 October 2007

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