So much for ‘fiscal competence’…
“Theresa May when she wanted your vote:
“We need to talk about tax. It doesn’t matter to me whether you’re Amazon, Google or Starbucks: you have a duty to put something back, you have a debt to your fellow citizens, you have a responsibility to pay your taxes. So as Prime Minister, I will crack down on individual and corporate tax avoidance and evasion.”
Theresa May’s husband Philip works as a senior executive at one of the world’s largest and most secretive powerful financial institutions called “Capital group” which has a controlling mass of a staggering $1.4 trillion in assets and yet ‘Capital one” payed no UK tax for the last eight years because they say that they do not make enough money even though every years they pay the management team over 45 million pounds in bonuses !
Capital one’s portfolio also includes $20 billion of shares in Amazon and Starbucks, both of which were cited by the Prime Minister-designate in her pledge to crack down on tax avoidance yesterday as her husband helps them avoid tax by funneling ltheir profits offshore and into other company’s that use head offices in tax havens.
Philip May’s company pretends to be a lot of things but stripped down it is a trillion pound front that advises large companies on how to avoid paying tax on their profits on UK sales. Philip May also receives millions in bonuses and shares that most also certainly by pass the tax office ! In fact Theresa May and Philip May have built a luxury life on the back of huge tax avoidance and putting nothing back into the country while encouraging other large corporations that they can do the same ! For a price !”