The political class is today delighted as Starbucks appears to be caving in and agreeing to pay more tax. No doubt Amazon and Google will follow suit. My warning here is that what is going on will cost British jobs and it stinks of high hypocrisy. And yes Margaret Hodge MP I am talking about you.
I start with Hodge who has appointed herself as witchfinder general sniffing out big American companies who pay tax rates of as little as 1% in the UK. You may remember that this was the vile woman who ran Islington Council at a time when an institutionalised paedophile ring operated in its care home system. When this started to be exposed she attacked those doing the exposing as homophobes. Her reward for allowing little kids to get buggered by council employed nonces was to be made Children’s Minister by Tony Blair. You could not make it up.Read the full article on ADVFN | Comments