Obscene tax breaks for Olympic sponsors

coca-cola is bad for your health

coca-cola is bad for your health

London 2012: Official food McDonald’s. Official drink Coca-Cola. Official chocolate Cadbury’s. Official diseases obesity and type 2 diabetes.

McDonald’s do not just serve junk food, they dodge UK tax.

Adidas do not just source their consumer junk from sweatshops, they dodge UK tax.

Coca-Cola do not just serve sweet sugary syrup laced with high fructose corn syrup, pollute drinking water in India, engage in human rights abuses in Latin America, they dodge UK tax.

What do all three have in common apart from dodging UK tax?

All three are high profile sponsors of the unwanted London 2012 Olympic Games.

Imagine seeing the headline of this article on the front of your paper in the final countdown to the Olympic opening ceremony. As the eyes of the world focus on London, this is the perfect opportunity to expose the greed of the corporate sponsors who will be dodging tax during the games.

The UK’s winning Olympic bid included huge tax breaks for sponsors. As a result, massive multi-nationals like Coca-Cola, McDonald’s and Adidas stand to make a tax-free fortune. The UK could be losing tens of millions in this tax swindle.

Public pressure has forced McDonald’s to forego their tax windfall. Whether they can be believed or trusted is another matter and it is no excuse to now eat at McDonald’s.

Now it is the turn of Coca-Cola. They’ll be supersizing their profits at the Olympics, expecting to sell 23 million drinks. There are many reasons not to drink Coke, obesity and type 2 diabetes to name but two, but let us also make sure that they’re paying their tax.

If signatures on a petition can scare McDonald’s, let’s now turn the heat on Coke. Please sign the petition calling on Coca-Cola to pay their tax and ask your friends to do the same:

https://secure.38degrees.org.uk/olympic-tax-dodging

The petition will be handed in at Coke’s London headquarters this Friday.

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