In June 2012 I wrote about the howls of moral outrage emanating from David Cameron about Jimmy Carr's tax avoidance scheme.
Cameron boldly proclaimed to the world that Jimmy Carr's tax arrangement "isn't morally right".
I also noted:
"I would also remind the Prime Minister that raising a hue and cry over tax avoidance (eg in the form of the investigation of civil servants on off payroll schemes) is all very well, but what happens when your proud boasts to end these schemes come to nowt?.....In July 2012 I wrote:
...Cameron has got himself well and truly stuck on top of the Savage Mountain (aka K2), not only will his "promises" to deal with these schemes come to nowt, but he has effectively declared open season on every Tory MP, every Tory candidate and every Tory donor. The media and other interested parties will pore over their finances with a fine tooth-comb, and one by one every single tax avoidance scheme (that the PM finds "immoral") will be made public (I guarantee there are hundreds of Tory MPs and Tory donors etc using these such schemes).
Cameron has lost touch with reality, in a desperate attempt to grab a soundbite and pander to the anti avoidance lobby.
To repeat what I said yesterday:
"Avoidance is a perfectly normal human thing to try to do, the politicians are not in a position to lecture the rest of us on "morality."A politician lecturing us on morality is as natural as a cat walking on its hind legs."
"David Gauke said that the government will name and shame wealthy people who use "aggressive" tax avoidance schemes. Gauke went on to say that companies offering such products will be forced to hand over details of their clients."Fast forward to 2016, and it transpires that Cameron had a modest holding in an offshore fund (set up by his father) which he sold in 2010.
Now of course there is nothing illegal in that. However, to have spent some years venting his spleen against tax avoidance makes him look a tad hypocritical does it not?
As I have noted on several occasions on this site, politicians who rage against tax avoidance will one day find that their public moralising will come back to bite them on their arses; as a politician lecturing us on morality is as natural as a cat walking on its hind legs!
Tax does have to be taxing.
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