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Old 21-09-2010, 09:36   #1
Osem
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Join Date: Oct 2006
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Are you like a 'benefit cheat'...

... as defined by Danny Alexander?...

Quote:
"Just as it is right to ensure that every benefit is fully justified, so we must ensure that every tax bill is paid in full. There are some people who believe that not paying their fair share of tax is a lifestyle choice that is socially acceptable. Just like the benefit cheats, they take the resources from those who need them most. Tax avoidance and evasion are unacceptable in the best of times but in today's times it is morally indefensible."
http://www.bbc.co.uk/blogs/thereport...x_immoral.html

Mr Alexander seems to feel that anyone who legally mitigates their tax liability via the rules set out by government is on the same level as those who evade tax by, for example, illegally not declaring income or claiming benefits to which they're not entitled. Is he right?

I wonder what his views on his own actions with respect to Capital Gains Tax liability are:

Quote:
......Mr Alexander admitted that he took advantage of a loophole to legally avoid paying CGT on the sale of the south London property for £300,000 in June 2007....
http://www.telegraph.co.uk/news/news...-on-house.html

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