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Do you remember the Domicle debate?

October 10th, 2008

Do you remember the domicile debate and how almost all accountants argued that we had to keep our favourable tax treatment so that all those bankers, private equity operators and hedge fund managers would stay in the UK to create wealth for us?

Don’t you just wish that we had abolished the rule? Don’t you just wish that those bankers and their friends had all fled, taking their accountants with them?

Think how much better off we would be today if we had won that debate.

One can only hang one’s head in sorrow at the cost The accountancy profession has imposed upon our country.

Richard Murphy Domicile

  1. Tony Probert
    October 10th, 2008 at 16:06 | #1

    :mad: I have been advocating international regualtions for years now because I feared the consequences of neoliberal deregulated markets.
    Unfortuanely my worst fears have been recognised.
    What really annoys me is that I - who is not an economist - foresaw this problems yet so-called experts in industry, commerce and government didn’t!

  2. Rob Lewis
    October 10th, 2008 at 17:42 | #2

    Well said.

    By the way, in all seriousness, isn’t it about time somebody out there tried to get Richard on the honours list? It’s that time of year, you know.

  3. October 10th, 2008 at 18:10 | #3

    Well, Richard, please don’t expect me to call you ‘my lord’, or ’sir’. I’d much rather have you performing a useful role on the ‘inside’.

    Carol

  4. October 10th, 2008 at 18:15 | #4

    I think this one has gone far enough!!

    And my sources in government suggest I’m still not popular in some parts…..

    Amazingly (candidly)

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