A former employee of HSBC recently leaked data that revealed 106,000 of the bank’s clients in Switzerland held secret accounts with the bank for the sole purpose of avoiding taxes. The leak revealed that the clients came from over 200 countries and were hiding over $118 billion dollars in the accounts. The data also revealed that HM Revenue and Customs failed to prosecute citizens who they knew were liable for unpaid taxes. Proponents of prosecution believe the government should take a more active role in monitoring people’s taxes and those caught evading taxes should be subject to stiff fines or jail time. Opponents believe that the people who evaded taxes were not breaking any laws since their funds were stored in Swiss bank accounts.
86% Yes |
14% No |
81% Yes |
7% No |
4% Yes, we should strongly disincentivise those who move money out of the country |
7% No, only in cases of evading not avoidance |
2% Yes, and fine them double the amount they avoided paying |
See how support for each position on “Tax Evasion” has changed over time for 1.8m UK voters.
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See how importance of “Tax Evasion” has changed over time for 1.8m UK voters.
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Unique answers from UK users whose views extended beyond the provided choices.
@92M28HD2yrs2Y
No, the system should be reformed to prevent the ability to do so rather than trying to chase after the fact - that’s just a road to massive wastes of time & resources
@92HS22D2yrs2Y
No, only in cases of evasion not avoidance, but government should actively seek to close down avoidance loopholes
@97ZSBF91yr1Y
Yes, and work with the EU and US to crack down on this internationally
@9JFLZDV3mos3MO
Only if the money is “hidden”, if the individual reports all money held overseas it should not be taxed.
@9CMCDL510mos10MO
Yes if the evasion is wilful and substantial. Otherwise it is a waste of money
@9CLP6GT10mos10MO
Yes if the avoidance or evasion is wilful.
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