In all of its discussions of “fiscal equity” over the last six years neither the Town Council or the Town Manager as ever uttered a single word about the impact of their proposed “fiscal equity” actions on the residents of the less well off communities from which they propose to steal property tax revenues. The Atherton Town Council should balance its focus on "fiscal equity" with a commitment to social responsibility — here is a good role model "The most striking new entry this year is the Harry Potter author, JK Rowling. We have established that Rowling is fully resident for UK tax and paid just under £47m on her £100m-odd of royalties and other earnings for 2018-19 through the self-assessment system. "She eschews tax havens and corporate structures intended for any legal tax avoidance. Part of the reason for this simplicity is that Rowling, as she once wrote in The Times, wanted her children to grow up in “a culture as old and magnificent as Britain’s” rather than “living in the limbo of some tax haven” and associating only with the children of “greedy tax exiles”. She has also spoken of the debt she owes to the welfare state. Her first Harry Potter tale was written while she was living on benefits. “When my life hit rock bottom, that safety net, threadbare though it had become under John Major’s government, was there to break the fall,” Rowling has said. “It would have been contemptible to scarper for the West Indies at the first sniff of a seven-figure royalty cheque.” “ https://www.thetimes.co.uk/edition/the-sunday-times-magazine/sunday-times-tax-list-2020-denise-coates-jk-rowling-t2n5bpg76 Peter in the UK Received on Sun Jan 26 2020 - 07:16:47 PST
