zirk.us is one of the many independent Mastodon servers you can use to participate in the fediverse.
Literature, philosophy, film, music, culture, politics, history, architecture: join the circus of the arts and humanities! For readers, writers, academics or anyone wanting to follow the conversation.

Administered by:

Server stats:

753
active users

Emeritus Prof Christopher May

Here's Torsten Bell setting out the simple argument that it is more cost-effective for the HMRC (and tax authorities, in general) to audit & investigate the rich than the poor, for the very simple fact, the rich.... have more money.

The returns on audits & face-to-face discussion with tax enforcement teams earn a massive & positive return... which its seems finally the HMRC has recognised.

Time to get the wealthy to pay what that actually owe us!

theguardian.com/commentisfree/

The Guardian · The rich will pay up when prodded. So let’s make tax-collecting great againBy Torsten Bell

@ChrisMayLA6 I mean, it’s basic finance.

If you need to save money, you don’t start by looking at the smallest items in your budget.

I’ve always assumed HMRCs disproportionate focus on the less well off was a combination of Politics & Low Hanging Fruit.

Much the same “conservative” mindset that’s guided the Benefits system under the Tories, for similar reasons, with similar outcomes.

@ChrisMayLA6 @cmsdengl I remember my father, as a local councillor, telling the Community Tax (AKA Poll Tax) office to stop wasting multiple 50p postage costs and hours of staff time chasing an underpayment of £4.