Tax the bankers and close the loopholes says Unite

8th December 2009

In anticipation of the pre-budget report and a super-tax on wealthy bankers, Unite joint general secretary, Derek Simpson, said: "The anticipated super tax on wealthy bankers would be very welcome, but the government needs to do everything possible to stop them from attempting to avoid paying it."

The union is also calling on Gordon Brown and Alistair Darling to make the pre-budget report the beginning of a push towards a progressive tax regime by closing tax loopholes that allow wealthy individuals and corporations to avoid paying their fair share of tax.

Unite, the union which represents two million workers on low to medium incomes, believes that the challenges presented by the budget deficit should not disproportionately fall on the shoulders of working families through swingeing cuts in public services and jobs as advocated by the Tories. Instead, super-rich individuals and wealthy corporations should pay their fair share and stop holding the whole country to ransom and distorting the UK economy.

Unite joint general secretary Derek Simpson continued: "For years super-rich individuals and wealthy corporations have held governments to ransom and distorted our economy with aggressive tax avoidance and inflated salaries. The anticipated super tax on wealthy bankers must herald the dawn of a progressive tax regime.

"Closing the budget deficit should not disproportionately fall on the shoulders of working families through swingeing cuts in public services and jobs as advocated by the Tories. The government can raise billions by closing the tax loopholes that allow super-rich individuals and corporations to avoid paying their fair share of tax."

"The Tories idea of a progressive tax regime is a massive tax give away to the wealthiest estates and families in the country. Cameron wants to feather his chum's nests while slashing public services and making working families work for longer and for less."

ENDS


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Comments
  1. lord_morgan13@hotmail.com says:

    Of course Cameron wants to feather his chums nests - how else will they plug their expenses claim defecit?

    1/8/2010 5:48:24 PM
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