Global Democracy Global Democracy

Act globally to close the loop-holes that allow tax evasion

by  friedagaric , in Laws,  for Global  on November 4, 2012, 10:26 am  · 22 | 1 · 1755 Views

Due to the increasing global nature of organisations, businesses are able to avoid paying tax in more ways than ever before.

These powerful, super-rich companies and individuals are able to use currently legitimate means to avoid paying $billions in tax every year. They make huge profits yet do not contribute their fair share towards the support of society as a whole.

This is creating an ever widening gap between the rich and the poor, creating an elite that governs the lives of the vast majority of the world's population.

We need to act globally to create laws that close these current loop-holes and put fairness and equity back into society for all.

You must login to comment on this idea.

  • Anonymous 3 years ago This is the ideal asnewr. Everyone should read this

  • olbapnairda (Argentina) 3 years ago They sanction countries for "dumping" so countries that "deregulate", are fiscal paradises, etc should be sanctioned.

  • 000004465 (United States) 3 years ago I object because taxes in general are counter productive to the overall well being of the population. Over taxing has a negative effect on every economic level. If you want a fair tax then we need the Fair Tax amendment.

  • Goodgoblin (Italy) 2 years ago Overtaxing is only the knock on effect of big rich companies not contributing to their share of tax, leaving the poor individuals to sustain their Country.