Bristol Indymedia Film Night: The Missing Billions, A Film by UKUncut

bristol | media and culture | event notice Wednesday August 15, 2012 14:49 by imcvol

Monday September 3rd, 8pm. Entry £3/£4 (But nobody turned away due to lack of funds) While the cuts mean slashes in benefits, the rise in childhood poverty, job losses and the removal of vital services for most of us, it seems the bankers are doing very well out of austerity. The banking sector, bailed out by UK taxpayers to the tune of a trillion dollars is still awarding huge bonuses and raking in mountains of profit. Kerching! However there are billions of revenue that could be used to fund vital services and help to poor. It's just that the UK government has decided that welfare is for the rich and powerful - and so let them off paying billions in taxes. Examples include Vodafone who had negotiated a deal with the UK government, whereby its tax bill of £7 billion was conveniently reduced to £1.25 billion. Goldman Sachs was let off a £10m interest bill, while it recorded profits of $2.1bn in the first quarter of 2012. This film by UKUncut expores the issues and how people are fighting back! The event includes supporting features and local speakers. http://bristol.indymedia.org http://www.ukuncut.org.uk/ http://www.andyworthington.co.uk/2012/06/15/video-watch-uk-uncuts-new-film-the-missing-billions-about-savage-austerity-cuts-and-corporate-tax-avoidance/ http://taxjustice.blogspot.com.es/2012/06/uk-uncut-missing-billions.html