--- In [email protected], "ShempMcGurk" <shempmcg...@...>
wrote:
>
more
> > than
> > > > 10 times any other employee. So if a janitor earns $30,000 a
year
> > plus
> > > > benefits, then the CEO can only have a salary of $300,000 a
year.
> > Seems
> > > > fair enough to me.
> > > >
> > > > Also, let's close down the tax havens.
> > > >
> > > > OffWorld
> > > >
> > >
> > >
> > > 1) which tax havens, specifically, are you referring to?>>
> >
> > All of them.
>
>
> Oh, I see.
>
> So you really don't have an idea of either what a tax haven is or
which ones you are referring to.

All of them

> > > 2) What business is it of yours what a company, an individual, or
a
> > corporation pays its workers and its executives? It's their money,
not
> > yours.>
> >
> > Are you saying that the Royal Bank of Scotland Group which is the
> > largest company in the world by assetts, and which has used British
and
> > American laws, police, military, to advance their eveil work on my
> > planet is their money?
>
>
> Yes, I am. Did they not pay their corporate taxes?>

In March 2009 RBS announced the closure of its tax avoidance
<http://en.wikipedia.org/wiki/Tax_avoidance>  department, which had
helped it avoid £500m of tax by channelling billions of pounds
through securitized <http://en.wikipedia.org/wiki/Securitization> 
assets in tax havens <http://en.wikipedia.org/wiki/Tax_haven>  such as
the Cayman Islands <http://en.wikipedia.org/wiki/Cayman_Islands> . The
closure was partly due to a lack of funds to continue the measures, and
partly due to the huge taxpayer stake in the bank.

http://www.guardian.co.uk/business/2009/mar/13/rbs-tax-avoidance
<http://www.guardian.co.uk/business/2009/mar/13/rbs-tax-avoidance>

> > No it is not, it is my money. The largest company
> > in the world is owned by me. No joke.
>
> I see.
>
> And the part of your brain responsible for claiming ownership to the
Bank of Scotland, is it the same one which claimed that you are an
African-American a while back?>>

I am British. You are not. The British tax payer officially now owns
more than 80% of all RBS group - the largest company in the world by
assetts. The largest company in the world is owned by me. Not you.


> > > 3) When you cut down the pay of the executives, that means that
less
> > income tax will be paid into the coffers of the U.S. Treasury as 40%
of
> > income tax revenue comes from the top 1% of earners. How are you
going
> > to make up for that...borrow even MORE money?>>
> >
> > Lol, you just paid out A TRILLION dollars to save these "go it
alone"
> > companies.
>
> Uh, the government got equity in those companies>

No, you were talking about US companies there I think. They were just
given loans, not equity. If AIG or some company fails, the loans won't
be paid back to the taxpayer The Royal Bank of Scotland Group (ie. Me)
will likely buy up the scraps after American companies fail to perform.
They (the British taxpayer) is already pushing out Canadian companies in
bids to buy up major financials in Australia. I don't agree with the
tactis, I'm just saying, my rich uncle RBS is looking after my future
interests.

OffWorld



  <<in exchange for the billions or trillions of dollars they shelled
out, did they not? If so, then the government is the owner and as owner
they have every right to pay their employees -- including the executives
whatever they want to pay them.>




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