Tax avoiders who hit our high street (From York Press)
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Tax avoiders who hit our high street
10:32am Thursday 17th January 2013 in Letters By Reader's letter
I HOPE that come the next European elections in 2014 everyone remembers what the region’s UKIP MEP had to say before Christmas on the issue of tax avoidance by big corporations.
The region’s UKIP man saw no problem with corporate tax avoidance, not on moral grounds, nor on the fact that thousands of jobs are disappearing up and down the land in order that US corporations can get rich.
Now Jessops has joined the list of high street bankruptcies, with the sad loss of jobs in York, Leeds, Bradford, Sheffield, Hull, Harrogate and Scarborough. It has gone because, like shops up and town the country, it could not stand up to the unfair competition from operators such as Amazon.
Corporations such as Amazon, Google, Starbucks, and many others pay almost no tax and practically no VAT so they are able to undermine the high street. How can anyone compete against organisations that can charge 20 per cent less because they pay no tax?
Next in the firing line is HMV. If they go under there will be no major outlet for DVDs and music CDs in York. After them it will be clothing retailers.
Christian Vassie, Blake Court, Wheldrake, York.
Comments(5)
YorkJester
says...
2:20pm Thu 17 Jan 13
HMV failed because they chose to ignore the massive impact that digital downloads and streaming had on their market share, they refused to accept that they would have to scale back their operations and take a less prominent role in the high street.
Jessops has went under because they have failed to develop their online market place, given their high profile brand they could have dominated online camera sales if they invested in the online market place.
It's easy to blame someone for the entire nations problems when they are doing something immoral like tax avoidance, its harder to accept that some businesses are just dinosaurs in a modern world.
bolero
says...
4:40pm Thu 17 Jan 13
k/gp/help/customer/d
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00792760.
Just thought I'd try to set the record straight rather than make unqualified accusations.
Richard Feynman
says...
9:52pm Thu 17 Jan 13
You're welcome.
jorvik
says...
10:23am Sat 19 Jan 13
bolero says...
2:07pm Thu 17 Jan 13