Anyone who argues that there’s ”not enough money” for universal education, healthcare, social welfare and aid programmes is clearly either not paying enough attention, or a shameless liar.
At least £500 billion in corporate tax is dodged globally each year by multinational corporations – enough to pay the UN’s total humanitarian aid budget 20 times over every year .
And the UK with its corporate tax haven network is by far the world’s greatest enabler of corporate tax avoidance. Up to a half of global offshore wealth is hidden in British jurisdictions.
Corporate tax havens represent one of the greatest scams in human history. They are a parasitic feature of a parasitic system, and the UK is very much the bloodsucker’s head.
At the demise of Empire, City of London financial interests created a web of secrecy jurisdictions that captured wealth from across the globe and hid it in a web of offshore islands. Today, up to half of global offshore wealth is hidden in British jurisdictions and Britain and its dependencies are the largest global players in the world of international finance.
The Spider’s Web was written, directed and produced by Michael Oswald,