Get Red Pepper's email newsletter. Enter your email address to receive our latest articles, updates and news.
Last Wednesday UK Uncut Legal action won the right to challenge the legality of the ‘sweetheart’ deal between HMRC and Goldman Sachs, which saw the banking giant avoid paying £20 million in tax. The judge agreed that UK Uncut had ‘an arguable case’ and that it was in the public interest for the deal to be judicially reviewed.
This is an important victory for all those campaigning against the systemic nature of corporate tax-avoidance. An estimated $11 trillion is stashed away in tax havens by the world’s richest (more like the 0.001 per cent than the 1 per cent) to avoid paying tax to national governments. Indeed the Goldman Sachs tax deal is a tiny drop in the ocean of corporate tax avoidance, as a new film produced by UK Uncut’s Daniel Garvin about the impact of the cuts and the alternative shows.
The Missing Billions is a 24-minute documentary interposing hard-hitting facts and figures of tax evasion and the UK coalition government’s cuts with narratives from those affected – from a disabled campaigner describing the devastating reality of cuts for the most vulnerable to those fighting to save public services in their communities. It underlines the unpalatable reality of living in a society governed by a political elite that spends £850 billion bailing out the banks and then forces the public to pay for it.
But it is not all doom and gloom. The Missing Billions highlights both the very real alternative and the struggle that is being fought against the cuts. It demonstrates how, if there was the will from the political elite, there is certainly a way to avoid cuts to public services. In the film John Christensen, of the Tax Justice Network, explains how tax havens represent a fundamental contradiction of globalised capitalism – whilst corporations and the finance industry operate in a deregulated global economy, tax systems are enforced nationally. Thus, multinational companies gain ever increasing profits whilst paying ever diminishing tax bills. In just 24 minutes this film outlines how rather than imposing austerity governments could crack down on tax avoidance and evasion.
The outcome of UK Uncut’s legal case against the £20 million tax avoidance of Goldman Sachs will set a precedent for future legal action against tax evasion. To understand the significance of this case everyone should watch this brilliant new film.
You can watch The Missing Billions here http://vimeo.com/44017057
Visit www.ukuncutlegalaction.org.uk to read more about the campaign, donate to support their legal costs or to order hard copy DVDs of the film.
Grace Blakeley investigates the curious case of Carillion: how the company’s slow decline and abrupt liquidation reveals the nature of modern capitalism.
The collapse of Carillion could be a watershed moment. Let's seize it to end economically disastrous outsourcing schemes. By Cat Hobbs.
Campaign groups highlight UK complicity in Saudi Arabia's human rights abuses.
Three founders of Momentum talk to Ashish Ghadiali about the two years that have transformed their lives and the fortunes of the British left.
Andrew Smith from Campaign Against the Arms Trade gives the run-down on one of the UK's most profitable - and most deadly - industries.
The real story behind the fire in Grande Synthe’s Linière refugee camp, Dunkirk. From 'Bordered Lives – How Europe fails refugees and migrants' by Hsiao-Hung Pai
Javier Pérez De La Cruz writes about the working class Berlin neighbourhood wrung dry by gentrifiers.
Across the world, thousands of protesters are taking on the planet’s biggest fossil fuel companies. We should support them – and if we can, we should join them. By Kara Moses
Students are suffering the effects of financial instability, stress, and slashed mental health services. Mark Crawford reports.
They're not defending free speech - they're just seeking to shore up their own power, writes Ilyas Nagdee
Jeremy Hunt is poised to flog the last of the NHS
Peter Roderick sounds the alarm on an 'attack on the fundamental principles of the NHS'.
Viva Siva, 1923-2018
A. Sivanandan, who died this week, was a hugely important figure in the politics of race and class. As part of our tributes, Red Pepper is republishing this 2009 profile of him by Arun Kundnani
Sivanandan: When memory forgets a giant
Daniel Renwick calls for the whole movement to discover and remember the vital work of A. Sivanandan, who died this week
A master-work of graphic satire
American Jewish cartoonist Eli Valley’s comic commentary on America, the US Jewish diaspora and Israel is nothing if not near the knuckle, Richard Kuper writes
Meet the frontline activists facing down the global mining industry
Activists are defending land, life and water from the global mining industry. Tatiana Garavito, Sebastian Ordoñez and Hannibal Rhoades investigate.
Transition or succession? Zimbabwe’s future looks uncertain
The fall of Mugabe doesn't necessarily spell freedom for the people of Zimbabwe, writes Farai Maguwu
Don’t let Corbyn’s opponents sneak onto the Labour NEC
Labour’s powerful governing body is being targeted by forces that still want to strangle Jeremy Corbyn’s leadership, writes Alex Nunns