The art of socialising loses (discounts) and the craft of privatising profit..Labour's biggest non-union donation is from PwC – a firm accused of "promoting tax avoidance"
The problem for the ‘ little people ‘ who pay their taxes as Prem Sikka the Professor of Accounting at Essex University points out is the ‘ cosy arrangement between big business and those who are supposed to be collecting our taxes.’
Brooks first effort “Plundering the Public Sector” and latest book “The Great Tax Robbery” set out in jaw-dropping detail the culture of a “revolving door” of staff secondments between the ‘Big 4’ accountancy firms (such as PwC), HM Treasury and HMRC to set up and run schemes like PFI, simultaneously acting as advisors to both the public, and private sector partners of PFI deals, and then being rehired to clean up their own mess
John Miller, formerly a senior partner in audit firms and head of the accounting industry peak body that is now CPA Australia, said the leadership of the profession no longer had the same clout as it did 30 years ago, when he and the Institute of Chartered Accountants collaborated with the government to stamp out the widespread corporate rorting. Miller said the infamous "bottom of the harbour" tax schemes back then were "no more scandalous" than some of the aggressive tax minimisation strategies used by multinational companies today Corporate wolves dressed up as sheep : sophisticated bottom of the Sydney Harbour type schemes