Ben Chu has a neat comment in the Independent this morning about the launch of the Fair Tax Mark. He says:
One of the sillier accusations which gets levelled at politicians and campaigners who draw attention to tax avoidance by multinational firms is that they are somehow “anti-business” or “anti-free market”.
An eloquent response came yesterday with the rolling out of the “Fair Tax Mark” by Ethical Consumer magazine. This is effectively a seal of approval for firms that show themselves to be transparent about their tax arrangements.
The mark will give people the knowledge they need in order to make decisions about where to spend or invest their money.
What could be more pro-business and pro-market than that?
Not much, candidly.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Rather short article!
Says all that’s needed though!
A free market in so far as possible, is a fair market. All people need to be effective within it, so great differences of wealth will undermine any equitability; also all need to be fairly informed. The TAX Justice mark is a step in the right direction to a fairer market which is synonymous with a Real Free Market. Do we now have a free market?
I find it odd. Free market proponents see nothing wrong in covert personal data accumulation, aggregation and mining. Corporations hold it is positively beneficial to trade my data even though my permission is neither sought or granted. And yet, they jealously guard against even the briefest glimpse behind their expensively constructed PR curtain. They will rapidly reach for the phone to call for their expensive lawyers to protect their ‘commercially sensitive’ information with gagging orders. They engage in ever more labyrinthine deceits engineered by ethically moribund tax advisors to hide their profits. It’s odd that my data is ‘public’ but transmuted into their private property by virtue of collection and yet theirs is private always even when held by a public body like HMRC.
When does this Fair Tax Mark start? Can someone apply for it now, or are the doors yet to open?
Right now
We can enquiries any time