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By  David Craig, on May 21st, 2014 With just one day to go till the EU elections, the barrage of insults being hurled at Nigel Farage and UKIP by LibLabCon’s sycophantic cronies in the media seems unrelenting.
In the Torygraph (owned by serial tax-avoiders) we have “UKIP is a threat to the economy”: “Voters should thank the Government”: “Supporting England in World Cup is like voting UKIP” and “Is UKIP slipping?” by the paper’s chief political columnist Benedict “I love brown-nosing David Cameron in the hope of getting a knighthood” Brogan. There wasn’t an anti-UKIP rant by the ludicrous Dan “Charlie” Hodges today. Hopefully, his editor will let him loose tomorrow or perhaps the rumours of ‘charlie’ are true and Dan’s feeling a little under the weather?
The Times has continued weeks of constant abuse and scaremongering with “Business investors scared off by UKIP” and “UKIP carnival turns to farce”.
The Mail (owned by serial tax-avoiders) brought us “UKIP waging war on big business”.
As I don’t want to miss out on the ‘let’s smear UKIP’ frenzy, here are my attempts to discredit the only political party that actually represents British people and not just the ruling elites – “Farage eats babies!!!” and “UKIP are devil-worshippers!!!”
Meanwhile at the Burkha Broadcasting Corporation, supposedly respected journalists like Jeremy Paxman have been eagerly selling their souls to protect their lousy but lucrative careers and have savaged Farage while giving establishment politicians an easy ride.
The last few weeks must surely be some of the most shameful in the history of the British media.
So, please ignore the screaming and invective and lies from the mainstream media and get out tomorrow to vote for UKIP and make sure everyone you know votes for UKIP as well. It’s time to give our rulers and their sycophantic cheerleaders in the media a bloody nose. Vote UKIP!!!
(Could anyone who has bought a copy of my latest book DON’T BUY IT! please post a review on www.amazon.co.uk as the more reviews I get, the more likely Amazon are to include the book in their promotions. If we could get 20 to 30 reviews, that would be extremely helpful. If you haven’t bought the book, you should – it will save you more than a hundred times what the book costs)
By David Craig, on May 20th, 2014 We need to act now to save our once great country! Our multicultural way of life is being threatened by these patriotic British UKIP upstarts. They rampage around our constituencies wanting nothing more than a better life for British citizens and their families.
They want to put the interests of British people first above those of immigrants. They want us to leave the corrupt, wasteful, undemocratic EU where we British politicians and senior bureaucrats can get nice, well-paid, well-pensioned jobs. They want to impose their alien political incorrectness on us, stealing our electoral support and depriving us, the British ruling class, of our right to stuff our own pockets and pretend to govern while really taking all our orders from Brussels.
Vast UKIP ghettos are springing up all around the country, creating no-go areas for the depressingly few party workers we have left. Moreover, they just refuse to integrate. Their ways are completely different to ours. They tell the truth, for a start. And they listen to the concerns of ordinary people.
Moreover, many of these UKIP fruitcakes believe that Britain should control its own borders. Laughable! And they don’t believe in the ludicrous, discredited myth of man-made global warming. They are even opposed to the windfarms that we, the elite and our families, are erecting on our estates so we can siphon off millions more of taxpayers’ money for ourselves.
For the last few weeks we’ve had sycophantic journalists writing articles in all the main papers smearing UKIP and calling them “raaaccciiiissstttts”. But every time we try to smear UKIP, their share of the vote goes up. It won’t be long before even the fools who normally vote for us – our core supporters – realise how we’ve been lying to them and ripping them off for years.
The UKIP problem needs to be dealt with urgently. Because, at the rate they’re multiplying, it won’t be long before we of the ConLibLab Party become a minority in our own great (for us) parliament.
The political establishment is ours. We’ve all got stinking rich from our huge salaries, fiddling our expenses, paying our wives, lovers and children as supposedly working as our assistants and doing lucrative second, third and fourth jobs on the side, while being generously paid to represent our gullible constituents.
Help us keep our well-paid jobs. Help us run the country into the ground the way we always have. Believe all our lies and hypocrisies as we get rich at your expense.
Vote LibLabCon! Vote ConLibLab! Vote LabLibCon! Vote for the people who hold you in contempt and couldn’t give a damn about you.
By David Craig, on May 18th, 2014 (As it’s a fine summer’s day, I’ll do what the overpaid, over-pensioned bureaucrats at the Burkha Broadcasting Corporation seem to do all summer – I’ll do a repeat)
When uncontrolled immigration and higher birth rates put Muslims into the majority in ever more British cities and institutions, here’s what a BBC (renamed as ‘Al-BBC’) TV schedule could look like in 30 years time.
(I, of course, consider my own blog today deeply offensive)
6.00: G-Had TV Morning prayers and a couple of suicide attacks.
8.30: Talitubbies Talitubbies say “Eh-oh”. Dipsy and Tinky-Winky repair a Stinger missile launcher.
9.00: Shouts of Praise More prayers for the Islamic Republic of Britain and curses for the Great Satan – America
10.00: The Apprentice Ten young Muslims complete a variety of tasks each week – one of them will be recruited by prominent Islamist leader Muqtada al-Sadr into a top position in the Mahdi Army.
11.00: Jihad’s Army The Kandahar-on-Sea battalion repulse another attack by evil, imperialist, Zionist backed infidels.
12.00: Ready, Steady, Jihad! Celebrities make lethal devices out of everyday objects.
12.30: Panoramadan The programme reports on Great Satan America’s attempts to prevent the followers of the true Religion of Peace taking over the world.
13.30: Xena Modestly dressed housewife Xena stays at home and does some cooking.
14.00: Only Fools and Camels Dhal-Boy offloads some Chinese rocket launchers to Hamas.
14.30: Green Peter The total number of Kalashnikovs bought by the milk bottle top appeal is revealed.
15.00: Madrasah Challenge Two more Islamic colleges compete. Bambah Kaskhain asks the questions. ‘Starter for ten, no praying’.
15.30: Question Time Members of the public face questions from political and religious leaders. Those failing to answer correctly are flogged or hanged or both.
16.30: Countdown Can the American prisoners defuse the bomb in their cell before the timer runs down?
17.00: Koranation Street Deirdrie faces execution by stoning for adultery.
17.30: Middle-East Enders The entire cast is flogged and then jailed for unislamic behaviour.
18.00: Holiday The team go on pilgrimage to Mecca. Again.
18.30: Top of the Prophets Will the Koran be No.1 for the 63,728th week running?
19.00: Who wants to be a Muhajadin? Mahmoud Tarran asks the questions. Will contestants phone a mullah, go ‘inshallah’, or ask the Islamic Council?
20.00: FILM: Shariah’s Angels The three burkha-clad sleuths go undercover to expose an evil scheme to educate women
20.00 FILM (on the blood-red button) Seven Kidnapped Brides for Each of Our Brothers Filmed in Nigeria and featuring your favourite stars from Boko Haram
21.30: Big Brother Who will be taken out of the house and executed this week for adultery or apostasy?
22.00: Imam Ted Sitcom about three imams who live on a tiny island in the Persian Gulf. This week, Imam Dhuga’il accidentally burns down the mosque, while Imam Jakh is stoned to death for drinking alcohol
22.30: Shahs in their Eyes More hopefuls imitate famous destroyers of the infidel
23.30: They think it’s Allah over Quiz culminating in the ‘Don’t feel the Mullah’ round
Midnight: When Imams Attack Amusing footage shot secretly in mosques. The filmers were also secretly shot.
00:.30: The West Bank Show Arts programme looking at anti-Israel graffiti art in the Occupied Territories.
01.30: Bhuffi the Infidel Slayer More infidels put to death for being…well…infidels
02.00: A book at bedtime The Koran. Again
By David Craig, on May 17th, 2014 (Here’s an article I did for a website called ‘gransnet’. It’s a kind of ‘mumsnet’ for grannies)
Of all the horrors I found investigating the financial services industry, the one that probably shocked me the most was how people in financial services treat those approaching or above retirement age. Financial services salespeople often call those close to retirement or already retired “the banana skin and grave brigade” because they have one foot on a financial banana skin, as they don’t know much about savings and investments, and the other in the grave as they’ll presumably soon be going on to a better place where they won’t be needing their money any more.
I once even saw two supposed “financial advisers” (actually salespeople) working for a high street bank (Barclays) laughing and joking over the case of a pensioner who had lost about half his life savings, more than £100,000, because the pensioner placed the money in one fund the salesperson had recommended as being “safe” when in fact it put savers’ money into extremely high risk and disastrous investments.
Many financial sellers specialise in the lucrative market of selling to retirees and those planning their retirement. They can have titles like “senior wealth advisers”, “retirement planning advisers”, “elder planning specialists” or even the rather scientific-sounding “financial gerontologist”. Typically these sellers use what sales trainers call FaG selling (Fear and Greed) – they exploit older people’s fear of living longer than their money lasts and their greed when offered seemingly attractive opportunities to increase their savings.
One set of dubious products typically sold and mis-sold to banana-skin-and-gravers are longer-term (five or more years) stock market investments with punitive penalties for early withdrawal. One company even specialised in selling these to people already in care homes. Naturally, quite a few customers died before their investments matured and their heirs found that, after deduction of early-withdrawal penalties, the investment companies returned considerably less than had been invested.
If older people don’t have much ready cash available, that hasn’t deterred eager financial sellers. Although some over 65s may have limited pensions and savings, many own their own homes making them what’s called asset-rich but cash-poor. Seeing the potential of the asset-rich cash-poor market, financial firms have devised various schemes, often called “equity release”, which promise to free up some or all of the value in their customers’ homes allowing them to live more comfortably until they die in return for the firms taking part or whole ownership of their customers’ properties.
Interest rates on these equity release loans tend to be quite high – close to six or even seven per cent. So, thanks to the wonders of compound interest, sums that appear quite modest when originally borrowed can turn into massive debts. For example, someone aged sixty five borrowing the average equity release loan of £53,000 against a home worth £200,000 would find their debt had shot up to about £100,000 after ten years and £200,000 – the total value of their home – by the time they hit eighty five.
In Britain we’re often uncomfortable talking about money with our parents and elderly relatives. We feel it might look like we’re on a fishing expedition trying to find out how much we might get from them. But if we want to prevent those we know joining the “banana skin and grave brigade” we need to overcome our reticence, ask our elderly friends and relatives about their money, find out who is chasing them to get hold of their cash and warn them about the dangers of handing over their savings to commission-hungry salespeople.
David Craig is the author of Don’t Buy It! Tricks and Traps Salespeople use and How to Beat Them (Thistle Publishing) which is available from Amazon
By David Craig, on May 16th, 2014 Following on from yesterday’s blog, we have a conundrum. The Government and its cheerleaders in the Torygraph, Times and Daily Mail claim earnings are rising faster than inflation and that the ‘cost of living crisis’ is over. But are they telling the truth?
This is what the ruling elites want us to believe (click to see more clearly)
This chart suggests earnings have been lagging behind inflation, but are now moving above inflation.
But this may be what is really happening (click to see more clearly)
A continuing fall in real wages
So, why the difference? I think it’s because the figures our rulers prefer to use include bonuses, whereas the figures our rulers prefer to ignore don’t include bonuses. And who gets bonuses? Ordinary workers? Or bankers, big company bosses, local government bigwigs and senior bureaucrats?
I’ll leave it to two readers of this blog to explain what is really happening:
“As predicted by many, incomes would drop and housing costs rise due to a huge influx of cheap labour from Eastern Europe and the third world. Wasn’t really that difficult to figure out. Let’s also factor in a rise in crime, squalor, and a strain upon public services and we can see exactly what our “elites” are doing to us. They are systematically taking a wrecking ball to the country.”
“Fact is there is no recovery. The recent housing boom has injected more money into the economy via the taxpayer backed mortgage scheme that the government has provided by increasing borrowing; but there has been no impact upon the number of paid working hours available nationwide, which are needed for families to pay their household bills. All we are seeing here is how zero-hour contracts and manipulation of benefit claimant figures have served to further corrupt the statistics in the coalition’s favour.”
Meanwhile, here’s a message from our rulers “We’re all in it together”
And here’s a comment an educationally-challenged reader just posted on my website: “UKIP are faschists. They need to be exposed! I’ve UKIP leafeters to the Police. In a dedent socisty they would all be in prion or the gulag undergoing re-education to become decent citizens.
Only a weird minority follw UKIP anywise! They are gpong nowhere.”
By David Craig, on May 15th, 2014 You’ll all have seen the headlines: Britain recovering: Britain will have fastest growing economy: Feelgood factor lifts Britain etc etc etc. And the headlines (coming conveniently just before the EU elections) about UK employment reaching record highs.
I’ve no doubt that the British economy is growing. Though I’m struggling to understand how the Government borrowing and spending £110bn a year is only giving £37bn (2.5%) economic growth.
But behind the triumphant headlines and feelgood stories, there is a worrying trend the papers don’t seem so keen to mention – average wages continue to fall (while prices continue to shoot ever upwards)
Here’s a possibly interesting chart (click to see more clearly)
What does the chart show? The red line, measured against the right hand axis, shows real average weekly regular pay (excluding bonuses) for the whole of the UK in pounds, adjusted for inflation (in March 2014 prices). The blue line, measured against the left hand axis, shows the unemployment rate (in percent) for everyone aged over 16 in the previous three months. Someone is defined as unemployed if they are without a job but are currently looking for one (so does not include those out of the labour market for any reason). The green line (also measured against the left hand axis) shows the underemployment rate – that is, the number of people in temporary or part-time work because they can’t find a full-time job, as a percentage of the total number of people in employment.
Why is the chart interesting? The continuing decline in unemployment has dominated the headlines recently, and the fall since the middle of last year has been dramatic. The latest figures from the ONS suggest an unemployment rate in the three months to March of just 6.8% – the last time unemployment was that low was in February 2009. However, although the underemployment rate is falling slightly, it is not falling nearly as fast, and in fact, it may soon overtake the unemployment rate. Meanwhile, real average regular earnings have continued on their downwards trajectory, despite reports to the contrary (which usually include bonus payments or compare different time periods), and are now £5 per week less than they were 10 years ago.
So, while the Tories trumpet their “great economic recovery” story, many people, seeing their living standards continue to fall, might be more receptive to Red Ed “Nationalise Everything” Miliband’s “only Labour will solve the cost of living crisis” story.
(to be continued tomorrow……..)
By David Craig, on May 14th, 2014 No blog today as I’m busy swotting up on what I wrote in my book THE GREAT EUROPEAN RIP-OFF five years ago as I’m being interviewed by Russian TV this morning. However, here’s an email I received from a reader in repsonse to a blog I did mentioning Argentina’s president Christina “Botox” Kirchener. Maybe Argentina is really a paradise on earth (unlike Britain) and not a soon-to-be-bankrupt dump being unnecessarily run into the ground by a bunch of corrupt, kleptocratic buffoons (a bit like Britain). Who knows?
Dear Mr Craig
I generally agree with most of what you write in your website. Your insight, analysis and revelations of the UK and EU politicians are informative and authoritative.
However, I surprisingly find myself in a position where I disagree with you, and it is regarding Argentina and its President.
You have stated that Argentina is bankrupt and President Kirchner is one of the most corrupt and thieving leaders in the world. You are incorrect on both counts.
Let’s look first at the supposed bankruptcy of Argentina. You are a man of facts and figures so here are some of them.
Between 2003 and 2013 Argentina DOUBLED its GDP, this is equivalent to an annualised GDP growth of over 7% every year. Even better, this great GDP growth is based on the trade (both internal and external) of real and tangible agricultural and industrial products; rather than being based on financial fantasies, speculation and casino banking.
Whilst doubling its GDP, it has reduced its public debt by a great margin, in fact it is one of top countries (if not the very top) in the world for public debt reduction.
Despite this debt reduction, huge investments were done by the federal government in social welfare, health, education and infrastructure. Just to give you an idea – thousands of new schools, new universities (which are free, unlike England) and hospitals, thousands of kilometres in new and/or renewed gas, water, sewage, electricity, roads and railway infrastructure. All these thigns had laid forgotten by previous federal (neoliberal) governments.
Also, the country was able to substantially reduce its gini coefficient (its inequality). And all this whilst actually reducing public debt !
And no, it is not true that Argentina is not paying its debts. It is paying them but on its own terms. Some nasty vulture funds are the ones that complain.
Whilst the UK (and much of the so called “first world”) suffered through the worst economic downturn in decades, Argentina was enjoying both fiscal and trade surpluses.
UK’s REAL public debt = 150% of GDP (approx) Argentina’s public debt = 47% of GDP (approx) most of which is NOT foreign
UK’s REAL overal debt = 600% of GDP (approx) Argentina’s overall debt = less than 70% of GDP (approx)
Argentina has trade surplus and fiscal surplus. UK has years long trade and fiscal deficits.
So how can a country that has less than 100% in overall debt (and most of it internal), has doubled its GDP its GDP in 10 years (by selling real things) and has both fiscal and trade surpluses be considered bankrupt ?
If Argentina is bankrupt then may the full pantheon of the gods help the UK, with its 600% overall debt (400% of it foreign owned), laughable growth (and mostly based on financial speculation and credit bubbles) and both fiscal and trade deficits.
Argentina is not a paradise of course, but to say it’s bankrupt is incorrect. Compared to most of the supposed rich “first world” nations and taking debt into account, it is actually a wealthy, stable and prosperous country.
Here is a suggestion for a future article on your website – the GDP per capita (in purchasing power parity) of various countries AFTER debt has been discounted from GDP.
Regarding President Kirchner, you are probably not aware of this but her wealth and finances (and her late husband’s) have undergone independent auditing and not a single peso was found to have been earned illegally or dishonestly. Is there a possibility that she has been “wheeling and dealing” despite this auditing ? Yes. But nothing that can be proven in a court of law (yet). Besides, whatever she and/or her late husband (also a President) may have stolen, they have at least done a great deal of good for their country and most of its people. She is no more corrupt than any and every senior politican from the UK, EU, North America or Oceania (who at present are not doing a lot of good for their countries).
You have to bear in mind that her government is under constant attack by much of the media (within and outside of Argentina) because she has dared to put some controls and regulations on the neoliberal capitalism which (as you very well know) is responsible for much of the economic problems of the so called “first world”. The Argentina of today is actually a very good example of how things SHOULD BE done.
Those that have gotten rich from the recent global financial collapse do not want the rest of the world to follow Argentina’s example and therefore do anything they can to make Argentina and its President look bad, particularly by using compliant mainstream media (msm). I’m sure that I don’t have to remind you that the msm has an agenda and much of what they report is not correct or accurate. Look at the msm’s treatment of President Putin of Russia – it’s true that Putin is no saint but he’s portrayed as an evil warmongerer.
President Kirchner is also a victim of the msm and the vast majority of the “bad things” said about her, her government and Argentina are at best exaggerations and at worst outright falsehoods.
Believe it or not, she is actually carrying out many of the measures that you, me and the vast majority of sane, normal people that live in the UK, EU, N.America and Oceania have been begging our useless politicians to do for years.
By David Craig, on May 13th, 2014 This a tale of two books. In 2008, my book “SQUANDERED How Gordon Brown is wasting over one trillion pounds of our money” was published. It sold about 15,000 copies and I got an advance from my publisher of about £6,000. So I earned about £0.40 per copy for a book that sold for about £8.99. Not much for all my work.
Not long after, the delectable Cherie Blair (wife of IMHO lying, expenses-thieving war criminal Tony Blair) published her book “SPEAKING FOR MYSELF”. It sold about 33,000 copies and she got an advance of somewhere between £1m and £1.5m. That means the delightful Cherie earned around £30 to £45 per copy even though the book only sold for about £9.99. So the publisher lost around £20 to £35 for every copy of Cherie’s book that was sold. Not a great business deal, perhaps?
So, what could explain the publisher’s extraordinary generosity to the charming Cherie?
There seem to be two possible explanations:
1. Bad business decision Perhaps the publisher mistakenly thought that Cherie was so popular and such a talented scribbler that millions of us would be rushing out to buy her brilliant memoirs and the publisher would make a fortune.
2. Corruption However, for those those who like conspiracy theories, there is a slightly more sinister possible scenario. Gail Rebuck, the boss of the publishing company that was so generous in handing over her shareholders’ money to the saintly Cherie was married to the now deceased Philip Gould. Philip Gould was Tony Blair’s strategy and polling adviser and is widely credited for helping Tony get elected three times. Gould was later ennobled by Blair and became Baron Gould of Brookwood. So, was the massive book advance thrust into the adorable Cherie’s bulging bank account actually a case of ‘you put taxpayers’ money in my pocket and I’ll put shareholders’ money in yours’?
I know not. I leave it up to my dear readers to judge Cherie’s saintliness or otherwise.
By David Craig, on May 12th, 2014 Do you have any money saved up in unit trusts? If so, do you have any idea how much you’re paying each year in charges? Probably not.
Many people think that the Annual Management Charge (AMC) is all they’re paying. AMCs for the 2,000 or so UK-based unit trusts are around 1.1%.
Some people have understood that they pay more than the AMC. They probably think that what they’re paying is the Total Expense Ratio (TER). The TER includes the AMC plus a few other costs and averages about 1.6%. Please note that in the US, where the market is more competitive, the TER averages just 0.98% – an awful lot lower than in the UK.
Now, you might think that something with the word ‘total’ in it means that is all you’ll pay. And in fact, surveys have shown that the majority of savers believe they’re either paying just the AMC or the TER.
But there are a whole lot of costs not included in the TER. The biggest of these is probably the cost of your unit trust manager buying and selling shares. On average this adds another 0.6%. So, that takes your cost up to around 2.2%. Then there are a few other ‘hidden costs’ which mean that a unit trust with a TER of 1.6% can actually be costing you anywhere from 2.75% to 3.2%.
Now you may be thinking: ‘well 2.75% to 3.2% doesn’t sound too bad’. If so, you’d be awfully wrong.
The total annual return on UK stock markets over the last 110 years has been about 5.2%. But this is pushed up by returns of 8% to 10% during the 1980s and 1990s (click to see more clearly)
So when you take out those years, factor in that all unit trusts will hold some cash so can never achieve the performance of the overall market and account for the fact that tax is automatically deducted from dividends paid to your unit trust, you can expect returns of about 4% a year at most from an average unit trust.
Here comes the problem. While your unit trust may grow by 4% a year, you pay charges on the total amount of money in the unit trust (not on just the growth). This means that virtually all the supposed growth in your unit trust goes into the pockets of your unit trust manager (click to see more clearly)
So, if you had money in a £500m unit trust which grew by 4%, that would give the unit trust £20m. But with charges of 3.2%, over £16m of this growth would be taken by your unit trust manager. That would leave £3.4m for unit trust savers – annual growth of a laughably paltry 0.8%.
On behalf of the multimillionaire members of the Investment Management Association, I’d like to thank you for your generosity.
By David Craig, on May 11th, 2014 Habeas Corpus is a basic principle of British justice. It prevents the state from locking you up without having to persuade a court that it has good reason for doing so. It is vital to any decent system of law.
The European Arrest Warrant (EAW) is a direct breach of Habeas Corpus. Habeas Corpus is virtually unknown on the continent of Europe. In many countries it is routine to detain suspects and only then to start investigating the crime – if one was actually committed. People can be kept in gaol without charge or trial for a year or more. And when they are released, because no case can be made against them, they have no redress.
In much of Europe, there is no jury system that we would recognise. In the few cases in which juries are used, they do not have total independence to make up their own minds, free of instructions from judges, and to acquit in defiance of the facts and the law if they believe the law to be wrong.
Under the EAW, you can be arrested and transported to one of these countries without any assessment of the claims made against you by a British court. They don’t even have to show that it is a crime in this country. There is no attempt made to verify that the claims are not frivolous, malicious or corrupt (click to see more clearly)
If that doesn’t concern you, it should.
It used to concern EU-Quisling Cast-iron Dave. When he was in opposition, he called the EAW “utterly objectionable“, but that was probably just another ‘sincerely and deeply held belief’ that could be jettisoned in the name of political expediency.
But Cast-iron Dave has gone even further in slaughtering British justice on the altar of ‘ever closer union’. Another principle of British justice is that you’re innocent until proved guilty. But Dave enthusiastically supports HMRC’s plan to be able to raid the bank accounts of people the bungling HMRC believe owe tax without obtaining a court order. We used to be innocent of tax avoidance until HMRC could prove us guilty. Now we can all be found guilty by HMRC (without any court order), they can confiscate our money with little to no proof of wrongdoing and it will then be up to us to spend thousands or even tens of thousands of pounds and possibly several years trying to prove our innocence.
But don’t worry. These new powers will never be used against the likes of Amazon, Google, Starbucks or any of Dave’s tax-avoiding mates in the City. After all, the wealthy and powerful have the resources to challenge HMRC in the courts and win.
No, the new powers will only be used to ruin ordinary people, usually because the recidivist incompetents at HMRC have made a total cock-up of their tax calculations. HMRC believes the new powers will allow them to collect a few hundred million extra in tax. HMRC could collect an awful lot more if they took action against some of the firms in the chart above.
As for British justice which used to protect the individual against abuse of power by the state. Well, in the new EUSSR, we can all be found guilty with little to no proof and our protections against an ever more totalitarian state are being stripped away by our rulers who believe we exist to serve their interests rather than the other way round.
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