Comments on: The Queen of the Cayman Islands https://neweconomics.opendemocracy.net/queen-cayman-islands/?utm_source=rss&utm_medium=rss&utm_campaign=queen-cayman-islands Tue, 11 Sep 2018 13:16:36 +0000 hourly 1 https://wordpress.org/?v=5.3.4 By: BC https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-721 Wed, 08 Nov 2017 20:25:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-721 This is well put. The whole point is that this scandal (and it is a scandal) has been packaged to sell newspapers/increase viewing figures. Unless those serving this up the populace are also suggesting what said populace can do about it, the whole exercise is a waste of time. If anything, the effect will be to make people get used to such behaviour and ignore it. The point is to make them think about why it happens and how we can prevent it.

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By: BC https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-720 Wed, 08 Nov 2017 20:20:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-720 I doubt it. Why should the European ruling classes want to jeopardise a service of which they may well avail themselves

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By: William MacDougall https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-718 Wed, 08 Nov 2017 03:32:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-718 Yes it would be too much of a stretch. I’ve seen no evidence of any such connection; if you have some then present it. In any case, it’s not obvious that there would be any lesser restriction on tax havens after Brexit; the campaign against them is international and will continue. And it’s only a cliff if we don’t prepare for it.

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By: ANGRY_MODERATE https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-717 Tue, 07 Nov 2017 19:04:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-717 The UK was always blocking EU attempts to deal with tax havens and money laundering, and had the right of veto. So I doubt that these scum thought that they were under threat in this way. Of course, the super-rich doubtless expect an easier tax-free existence with a UK Tory government setting the “rules”…

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By: brent1023 https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-716 Tue, 07 Nov 2017 18:16:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-716 Would it be too much of a stretch to connect the Brexit financiers with the Tax Haven lot and wonder if perhaps the real reason for Brexit was the worry that the EU would eventually expose and close down those tax havens?
Was Brexit simply a tax haven preservation plot?
Panama Papers 2015 … Cameron referendum 2016 … May election 2017 … Paradise papers 2017 … Over a cliff 2019

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By: brent1023 https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-715 Tue, 07 Nov 2017 18:07:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-715 Irony challenged?

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By: ANGRY_MODERATE https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-713 Tue, 07 Nov 2017 10:43:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-713 A good article, demonstrating the systemic corruption that was set up by the British ruling elite to evade taxes. I do not think there is any point in criticising the Queen (even though I am opposed to monarchy): the real issue is how the stinking rich engage in organised crime for tax evasion and actually think they are behaving lawfully, honestly and as good citizens. They are simply crooks, and the law needs to be changed to close down all the systemic opportunities for tax evasion — with criminal (prison) sentences for those caught and compulsory declarations of wealth for all politicians and those appointed to public positions.

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By: ANGRY_MODERATE https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-712 Tue, 07 Nov 2017 10:39:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-712 Tory craphead.

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By: William MacDougall https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-711 Tue, 07 Nov 2017 08:19:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-711 Of course the Queen of the Cayman Islands is free to invest there, but she is not reducing her taxes with these small investments, or doing anything illegal or immoral, or even questionable. Move along, there’s nothing to see here.

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By: Pat Saunders https://neweconomics.opendemocracy.net/queen-cayman-islands/#comment-710 Tue, 07 Nov 2017 08:10:00 +0000 https://www.opendemocracy.net/neweconomics/?p=1751#comment-710 There is a line in the accounts of the international development budget for financial support for the British Overseas Territories. I’ve not been able to figure out how much nor what it is used for. Lack of time. I don’t think it is included when calculating the 0.7% figure. Do you, Adam Ramsey, or anyone else reading this know what this is or why it is included here and not, say, the Foreign Office? Also, does it go to all overseas territories, including Bermuda and Dargio Garcia?

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