Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
And more seriously, much of the theoretical "tax outflow" is due to skewed measurements by London propagandists.

Just because a company HQ pays tax in the London region doesn't mean it earns it's profits there. Likewise, just because a company receives subsidies to run a railway line in the North of England doesn't mean that the money doesn't largely go into City Institutions and CEO pockets in London.

by Metatone (metatone [a|t] gmail (dot) com) on Mon Jun 12th, 2006 at 06:22:00 PM EST
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