HMRC supercomputer takes Big Brother to another level...

Yeah, go after the people whose fraud is minimal; never go after the big guys whose fraud heralds decades of austerity.

Going after multinational Tax Evasion would benefit the Exchequer orders of magnitude more that going after small traders; but small traders don't fill party coffers with brown envelopes, do they?
Likewise the super rich, one super-rich tax evader will be defrauding the Exchequer of more than whole football stadiums of small-traders.

All such fraud should be tackled, and punished, but go after the ones causing most harm first.

This link is from America, but I am willing to bet the numbers play out roughly the same here in the UK.

The report found that as an average "everyone" under-reports taxable income by 4% to 5%.
Whereas the top 1%ers were under-reporting taxable income by up to 21%.
And this was just from random audits audits of approximately 5% of the top 1% earners.

Similar patterns were seen in the Nordic Nations, and of course the Panama Papers showed that not only were UK residents doing the same but that the UK FSS was instrumental in facilitating this huge global tax evasion scandal.

There's an easy way to cut through most of this:

1. massively simplify the UK Tax Code, to make it both harder to commit Tax Evasion and easier to detect it;
2. massively increase the penalties for Tax Evasion, starting by quadrupling tax liability on evaded wealth;
3. and for any case where Tax Evasion amounted to more than £10,000 a mandatory prison sentence;
4. all corporate Tax Evasion should see the "responsible person(s)" banned from holding executive level positions at any company in the UK for 5 years;
5. any FSS Institution found to be facilitating Tax Evasion to be subject to 2% higher corporate tax for 10 years.


Benefits: 
1. Overpaying of benefits, either by error or fraud was £3.6 Billion.
2. Underpaying of benefits, that is paying people less then they have a right to, was £3.3 Billion.
3. Net loss of £0.3 Billion, which against the whole Benefits Bill is just 0.1% - effectively a rounding error.


All The Best

There are people defrauding the "system" at every level of course, but the high earners, in my experience, usually employ accountant/s to manage their tax affairs. Of course they pay the minimum tax possible but they usually do so within the law - such as by taking their income as capital gains for example. Sunak manages to pay about 20% tax on his millions, whereas most of us pay about 30% in income tax. 

However my experience of small traders is that most of them offer to do the job cheaper for cash - and some demand cash only. I'm guessing, but I suggest that they do so to avoid tax. And the benefits system in the UK is a joke. If a govt sets up a department to give away money the fraudsters form a long queue, but the chacks on fraud are minimal. That's why they're currently losing about $b billion a year in fraud and error - and that's just what they know about! 

There are people defrauding the "system" at every level of course, but the high earners, in my experience, usually employ accountant/s to manage their tax affairs. Of course they pay the minimum tax possible but they usually do so within the law - such as by taking their income as capital gains for example. Sunak manages to pay about 20% tax on his millions, whereas most of us pay about 30% in income tax. 

However my experience of small traders is that most of them offer to do the job cheaper for cash - and some demand cash only. I'm guessing, but I suggest that they do so to avoid tax. And the benefits system in the UK is a joke. If a govt sets up a department to give away money the fraudsters form a long queue, but the chacks on fraud are minimal. That's why they're currently losing about $b billion a year in fraud and error - and that's just what they know about! 

The spying will be done with your own computer hardware. Here is a video explaining what an "NPU" chip does.

www.youtube.com/watch?v=PnG66fHKRw0

This guy knows his shit and is trustworthy by the way.

The guy does not do conspiracy theories. He is a computer engineer who sells products that protect your privacy when using a computer or mobile. The video is not unduly long. He has to describe the different systems being deployed. You can not learn everything instantly on twitter.

Oh don't be silly. I listen to him regularly and learn a lot this way. Sure he is selling a few products, but why do you condemn him as a liar? It's a horrible prejudice you have against capitalists.