Jakov Marelic writes for Imperial College London’s Felix on why more should be done to stop corporate tax avoidance:
Welfare can be a controversial issue these days, invoking heated debate.
It is often said that the hard-working majority are forced to pay taxes for the idle few benefit-scroungers who don’t pull their weight. In these economic times, many have wondered whether these payments should be cut.
Trouble is: that’s not the situation we’re actually in. Far from your taxes being spent mostly on the nation’s poorest, more cash is actually handed out to the richest 1% through corporate welfare and tax dodging.
Full article here.