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Article

19 Feb 2011

Author:
Guardian [UK]

Corporate tax avoidance: Impoverishing the public

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Activists operating under the banner UK Uncut have taken to occupying stores whose owners and bosses have been avoiding tax. Today they move on to the organisation of a "bail-in" of Barclays branches, setting up schools, forests and libraries within the banks – an agitprop gesture to highlight the link between threatened services and the financiers that activists reckon could save them by paying their fair share...Barclays is an iconic case for making the point, seeing as bankers' determination to minimise their contribution to public funds is matched by the lavishness of the benefits they have enjoyed at public expense.