Make tax work!
Protect public finances, shut down tax havens
Citizens pay taxes. Some unscrupulous companies -- including financial institutions that have been bailed out by the taxpayer -- have been shown to have employed the best accountants in town to use tax havens to avoid tax. One fund manager admitted that private equity managers paid less tax than their cleaning ladies! It’s unfair and unacceptable. The money lost to tax havens could help plug the hole in the public finances and create tens of thousands of jobs. The domestic tax system is broken. As the rich pay less inequality grows. International taxation has failed to keep pace with global challenges.