Sunday, November 15, 2009

Strangling the goose

When the dust has settled on the Keydata case...

when Keydata and its directors no longer pay the taxman on profits, wages and dividends derived from a business that had, until the tax office got zealous and technical, apparently paid off all its debts, was showing a profit and had cash in hand;
when the former employees are claiming a complex array of benefits instead of paying income tax and National Insurance;
when PriceWaterhouseCoopers have sent in their final massive bill for services rendered;
when the investors, many worried half to death for months, finally (most of them) get massive collective financial compensation from the Government...

.. will this really look like a win for the Shylock approach to revenue gathering, and to regulation?

5 comments:

James Higham said...

the Shylock approach

Anti-semitic, paedophilic and racist today, Sackers. Sexist too.

Sackerson said...

Cor, score 100% for data compression then. But don't joke about such things...

And you forgot the pound of flesh makes it anti-vegan, too.

Sebastian Weetabix said...

On the contrary. Anti-semitism is the last fashionable prejudice, as the treatment of Israel by the left shows.

Paddington said...

In the US, the support for Israel is from the right, especially the evangelicals. The reason is that they expect the 'End Times', and the role of the Jews is to be exterminated at Armageddon.

Sackerson said...

All gone a bit o/t, I fear.