The Chancellor, George Osborne has entered the tax dodging debate by declaring cash payments to plumbers and the type ‘morally wrong’. He has some cheek as both the coalition and previous governments have fallen over themselves to help create and encourage the system whereby the rich pay hardly any tax at all.
Last week it was reported that £13 trillion is lost every year through loop holes and off-shore arrangements and that HMRC know about around £350 million is known to be lost through tax dodging but they can’t be bothered trying to recover it. One only needs to buy a copy of the wonderful investigative magazine, Private Eye, to see how much assistance Vodafone received to dodge tax, and Barclays and the list goes on and on and on. On a recent trip to India George Osborne even tried to advise against the retrospective tax that the Indian government were trying to settle with Vodafone.
Imagine that the chancellor wants to crack down on normal people who by enlarge DO pay tax! I would rather not be lectured on morals by politicians.
Bubbly
The Chatterjis Blog 