Here's an interesting paradox. Angel Gurria, OECD boss said today when talking about corporation tax that
taxing the "man on the street" wasn't economically desirable or even politically possible, so for many finance ministers the only option was "to cut, cut, cut more, rather than have a proper balance between revenue and the expense".
Of course, what he is saying is that we are suffering austerity because we can't tax companies. Or, in the case of the UK, of course, because we won't.
But at the same time as I have also noted today the OECD has said the UK should continue with austerity.
Does this mean the OECD has really given up the fight on corporate tax abuse despite the rhetoric?