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Reply #101: No need to weep for the Vesteys. [View All]

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Matilda Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-12-05 02:32 AM
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101. No need to weep for the Vesteys.
For most of the last century, they ran one of the biggest multi-
nationals in the world. Huge holdings in the UK, and famous there
for avoiding income tax. Huge holdings in the Northern Territory
in Australia, and famous here for avoiding tax - for 15 years they
exploited a tax loophole and paid no tax at all. Even when the
loophole was closed, like most big corporations they were able to
avoid paying anything like what they really owed. Also have
extensive holdings in Brazil, from where they supply meat to
Macdonalds (this came out in the MacLibel suit in Britain), and
this involved cutting down large areas of rainforest to graze cattle.

This family has ripped off the people of at least three continents
for decades - it's time they paid their dues.
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