July 25th, 2012
Save the Children's Head of Research Alex Cobham has launched a blog that examines issues of inequality. Named "Uncounted," the blog has listed topics such as the life expectancy of indigenous peoples, caste and tribal poverty, and female illiteracy as those that reflect society's marginalization of individuals. At the same time, Cobham applies his inequality motif to tax issues, yet he notes a distinction between being "uncounted" by a lack of power and being "uncounted" by design. The latter "reflects the presence, not the absence of power."
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July 23rd, 2012
LONDON - Government plans to make life harder for ‘cowboy’ tax advisers selling aggressive tax avoidance schemes to UK tax payers are welcome but will make little difference in the battle to tax the trillions hidden offshore, Christian Aid says today.
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July 10th, 2012
Manchester United, the world renowned English football club, is facing hard times financially. Although the club’s world class reputation speaks for itself (19 championships and a home to scores of star footballers), the club still depends heavily on cash flow. In 2005, the Glazer family (also owners of the Tampa Bay Buccaneers) bought out Manchester United from the London Stock Exchange for $1.47 billion, successfully taking on full ownership of the club (despite vehement public opposition.) Now, 7 years later, Man U is facing a massive debt crisis, according to the Associated Press.
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June 26th, 2012
Marina Hyde wrote a great article for The Guardian on Friday. As we’ve seen in the media, tax avoidance schemes and scandals are popping up everywhere. Jimmy Carr’s explosive case exemplifies this upward trend of tax avoidance. Hyde brings to light one particular way (of numerous ways) in which Brits are getting rich from skipping out on their tax bill: they make shoddy “Britflicks.”
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