Steve Batkin - Saturday. 9.2.2019: How Much Tax Do The Super Rich Really Pay? Private Company Asks For Massive Tax Rebate! For many years the British media have told the British public the rich pay most of the tax in Britain; actually the rich don't pay as much as what we've been led to believe. For example the oil and gas industry have long been receiving billions of pounds in tax relief to encourage investment: Shell Oil a company long associated with the global banking families particularly the Rothschild family has in recent years asked the British Chancellor of the Exchequer for another rebate -- in fact a colossal tax rebate and needless to say it's been agreed! Britain's financial press has quoted £24 billion minimum but this could rise much higher to possibly £70 billion. The private company Shell Oil has said the money will be used to decommission oil and gas infrastructure which is not required anymore because production has fallen, only profitable production equipment will be kept in the future. Shell Oil and the British Government have considered selling some assets to smaller companies who claim they can make a profit; the other option is to just sink the whole lot! There is so much scrap this would create an environmental disaster. Of course the banking dynasties have friends in the British treasury: how could we forget former Chancellor of the Exchequer George Osborne being exposed by the Daily Mail newspaper for his close relationship with the Rothschild family, turning up for holidays in Corfu at both the Rothschild's exotic villa and their expensive yacht anchored in the Mediterranean. To suggest Mr Osborne was and still is compromised by this family will of course be described by much of Britain's media as 'conspiracy theories' and the emerging possibility of a libel case! Britain's current Chancellor of the Exchequer Phillip Hammond when coming into office said he wants to carry on with Britain's massive tax breaks for the shareholders' of the privately owned oil and gas industries.
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