Oh My! Merkel urges David Cameron to crack down on tax havens

[malaise]

http://www.guardian.co.uk/business/2013/apr/14/david-cameron-angela-merkel-eu-talks
<snip>

The coalition's plans to crack down on Britain's tax havens were discussed at a meeting between David Cameron and chancellor Angela Merkel, amid growing concerns in Germany. Merkel is understood to have had questions about the monitoring of British sovereign territories used as tax havens by the rich.

The German public has been alarmed in recent weeks about reports of its citizens using havens to avoid paying taxes at home, and the matter has become an electoral issue. But sources close to Cameron said that he was first to raise the future of the territories in order to spell out how his government was cracking down on tax avoidance in places such as Jersey and Guernsey.

A Downing Street spokesman said the prime minister was keen, ahead of June's G8 summit in Northern Ireland, to stress that the UK and others "should show global leadership by taking concrete action on tax evasion and aggressive tax avoidance and making clear that everyone must pay their fair share of taxes".

This will be fun!!

[Frustratedlady]

1. Good! Between we peons and Angela complaining, maybe the tax evaders

will get scared and bring the money back "home" to help with the debt.

Not only that, but if pressure is put on the banks, regulators, congresscritters and the administration, maybe some charges will be filed on banking fraud, insider trading and all these other financial problems we KNOW are present, but can't get anyone goosed to take care of it.

Then, again, I dream a lot.

BTW, I thought that list of offshore tax evaders was supposed to be published. Did I miss it?

[malaise]

2. We're still waiting

and North Korea is great diversion

[magellan]

3. Lip service

Meaningful reform is a long way off. Cameron will make a token gesture at most.

[NBachers]

4. WordswordsWORDSwoRDs WORDS Words WOrdswordS words words words!

"There! That's all taken care of!" said Mr. Cameron

[malaise]

5. No they are very worried that the rest of us know what's been going on

This is a new response

[reformist2]

6. Offshore tax havens = legalized tax fraud.

Family trusts aren't much better, imo.

[malaise]

7. Their days are numbered

All the contradictions are coming to a head and so is anger from the exploited

[reformist2]

8. I tend to agree - the kicker is that the money isn't even offshore, but round trips back to Wall St!

http://www.globalresearch.ca/the-global-elite-are-hiding-18-trillion-dollars-in-offshore-banks/5317691

[malaise]

9. Crisis point is coming

Can't wait for the shit to hit the fan