Cable Forum - View Single Post - Osborne advised using financial loopholes to avoid tax and care costs.

Mr Angry · 16-02-2015, 17:03

This.

"George Osborne once advised people to use “clever financial products” that could have helped them reduce care costs and inheritance tax, a video from 2003 shows.

The re-emergence of the footage will be embarrassing for the chancellor as it comes amid controversy about the government’s lack of prosecutions of tax evaders who had accounts at HSBC in Switzerland.

Downing Street has also been criticised over the subsequent appointment of the former HSBC boss Stephen Green as a trade minister and the lack of investigation into the bank’s activities."

Is brilliant.

Almost on a par with the irony of the Tories attack on Ed Balls for saying people should get receipts for work carried out when it was their Treasury Minister David Gauke who most recently mooted the notion when he said "It is morally wrong to pay tradesmen cash in hand".

You couldn't make this stuff up. The political classes are a bunch of numpties who will do and say whatever it takes to convince the electorate that they're the best of a bad bunch and people are stupid and blinkered enough to chant their mantra for them.

16-02-2015, 17:03	#1
Mr Angry Inactive Join Date: Jan 2006 Location: Belfast Posts: 4,785	Osborne advised using financial loopholes to avoid tax and care costs. This. "George Osborne once advised people to use “clever financial products” that could have helped them reduce care costs and inheritance tax, a video from 2003 shows. The re-emergence of the footage will be embarrassing for the chancellor as it comes amid controversy about the government’s lack of prosecutions of tax evaders who had accounts at HSBC in Switzerland. Downing Street has also been criticised over the subsequent appointment of the former HSBC boss Stephen Green as a trade minister and the lack of investigation into the bank’s activities." Is brilliant. Almost on a par with the irony of the Tories attack on Ed Balls for saying people should get receipts for work carried out when it was their Treasury Minister David Gauke who most recently mooted the notion when he said "It is morally wrong to pay tradesmen cash in hand". You couldn't make this stuff up. The political classes are a bunch of numpties who will do and say whatever it takes to convince the electorate that they're the best of a bad bunch and people are stupid and blinkered enough to chant their mantra for them.