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Old 11-04-2016, 11:15   #217
ianch99
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Re: Tax havens exposed in huge law firm leak

Quote:
Originally Posted by Chris View Post
I think those that wish to see tax evasion clamped down on have done themselves a real disservice here.

They have gone after Cameron, whose tax affairs don't even come close to the dodgy dealings of some of those exposed in the Panama Papers, and have now made the story about inheritance tax, which according to a recent poll, 59% of voters think is an unfair tax (regardless of whether it affects them personally).

Meanwhile a lot of very rich, genuinely corrupt individuals are laughing it up.
I think you are spot on here. When it comes down to it, Cameron has broke no laws and let's face it, who wouldn't expect a Conservative PM to have a bit of money stashed away.

The real issues are:

- how interested are the Tories in closing down the legal but unpopular* offshore tax saving vehicles that the 1% benefit from
- how much does the PM and his Chancellor really think they are "all in it together"
- (and this is the clincher) why the Tory press are hounding the PM over what is, when you stand back, a non-story in terms of wrong doing

I am thinking the Tory press are using this Panana leak to wound the PM and spin out this issue for as longer as possible to try and weaken the Remain position. Damage Cameron and you potentially damage Remain ..

* unpopular in the sense that the vast majority of tax payers have no choice in paying their taxes where the 1% have "options"
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