Mark Wadsworth: CF&P: Tax havens: Myths versus Facts

This video is a fun way of whiling away ten minutes. I could argue with details, but he does make some good points:

Which tax do you think is more damaging to the UK economy? A tax on ...
	... the net profits of all businesses, after deducting all expenses, which raises GBP40 bn p.a.
	... the gross margins of half of businesses, before deducting salaries, which raises GBP80 bn p.a.

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Mark Wadsworth