{"id":3095,"date":"2009-02-05T13:13:55","date_gmt":"2009-02-05T11:13:55","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/2009\/02\/05\/the-tax-havens-on-our-doorstep\/"},"modified":"2009-02-05T13:13:55","modified_gmt":"2009-02-05T11:13:55","slug":"the-tax-havens-on-our-doorstep","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2009\/02\/05\/the-tax-havens-on-our-doorstep\/","title":{"rendered":"The tax havens on our doorstep"},"content":{"rendered":"

The Guardian has another blog<\/a> under the above title, addressing the issues of Jersey, Guernsey and the Isle of Man.<\/p>\n

I have commented as follows:<\/p>\n

\n

It is worth noting that both Jersey and Guernsey face economic crisis at present.<\/p>\n

I have shown why Jersey is at risk of going bust here<\/a>.<\/p>\n

The situation has got worse since the credit crisis has emerged.<\/p>\n

Guernsey has to see massive economic growth to fill its budget gap as a result of introducing a 0% corporate tax rate. There is no chance at all it will happen.<\/p>\n

The Isle of Man is different. The UK gives it a tax subsidy of more than \u00a3200 million a year to be a tax haven.<\/p>\n

That is our money given to the Isle of Man to let them undermine our tax system.<\/p>\n

The details are here<\/a>.<\/p>\n

We can stop the latter abuse. We'll pick up the tab when Jersey and Guernsey sink. Have no doubt at all: this is a UK domestic issue that our politicians have to tackle.<\/p>\n

<\/p><\/blockquote>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

The Guardian has another blog under the above title, addressing the issues of Jersey, Guernsey and the Isle of Man. I have commented as follows:
 Read the full article…<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,6,7],"tags":[],"class_list":["post-3095","post","type-post","status-publish","format-standard","hentry","category-guernsey","category-isle-of-man","category-jersey"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/3095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=3095"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/3095\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=3095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=3095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=3095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}