onsdag den 24. juli 2019

Guernsey all over Britain




Britain after Brexit under the rule of Boris Johnson

Rule Britannia, Britannia rule (tax)evasion

After Britain already in the 18th century had left the idea of being self supplying with the necessities of life for good, the following concepts had first been "trade and produce" to pamper your upper class, since changing to “produce and trade” in the 19th century to be able to supply the world marked as well as your own people for since World War II developing into” trade and stop producing” as an industrial working class often gets obstructive habits when the established upper class defends her inherited right to accumulate more and more while leaving the plebs behind.
This third concept has triumphed ever since Margret Thatcher and as Britain already before her time had entered the EU, the British financial sector grew ever more important as it was capable to collect tax endangered money from all over the EU in an effective but discrete manner to avoid local taxation in the more restrictive continental economies.
https://research-api.cbs.dk/ws/portalfiles/portal/44583915/duncan_wigan_the_finance_curse_postprint.pdf



As Britain already had several tax havens for its own citizens of more substantial wealth and income, money came and comes to Britain to disappear from the European continent and to leave behind nice profit in British bank branches from Guernsey to Gibraltar all over to the Cayman Islands. So why not after a no deal Brexit turn” The City” into a tax haven – and let the rest of the Great Empire follow her example?