ChatterBank2 mins ago
People Being Lambasted For Reducing Their Tax Burden.
Why all the pious posturing from the likes of Corbyn and McDonnell?
Is it now a crime in this country to save money?
As it stands the people named in the Paradise Papers have done nothing wrong - they have saved money through entirely legitimate means, so bloody good luck to them.
There is not a single tax payer in the UK who, if offered a completely legitimate way to pay £50 tax rather than £100, wouldn't grasp it with both hands (if they say they wouldn't they are either liars or there's something wrong with them) so I really don't see the difference.
As is usual when we're talking about people who have so much more money than most, this boils down to jealousy.
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Is it now a crime in this country to save money?
As it stands the people named in the Paradise Papers have done nothing wrong - they have saved money through entirely legitimate means, so bloody good luck to them.
There is not a single tax payer in the UK who, if offered a completely legitimate way to pay £50 tax rather than £100, wouldn't grasp it with both hands (if they say they wouldn't they are either liars or there's something wrong with them) so I really don't see the difference.
As is usual when we're talking about people who have so much more money than most, this boils down to jealousy.
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Answers
My neighbour told me he was buying a smaller car because he'd pay less road tax and spend much less on petrol, most of which is tax of course. He said he was going to put the money he made on selling his old car into a tax efficient ISA. Immoral tax-dodging scumbag or what?
10:59 Tue 07th Nov 2017
//They're inextricably linked though...//
In that specific case yes, but the morally objectionable part of it isn't tax avoidance - which is what the question's about. It's the abuse of power to facilitate tax avoidance. An illegitimate means to achieve a legitimate end.
If I deliberately ran someone over so I could get through the lights when they were still green, going through the green lights wouldn't be illegal or wrong. It would be the deliberate running over that would be the problem.
In that specific case yes, but the morally objectionable part of it isn't tax avoidance - which is what the question's about. It's the abuse of power to facilitate tax avoidance. An illegitimate means to achieve a legitimate end.
If I deliberately ran someone over so I could get through the lights when they were still green, going through the green lights wouldn't be illegal or wrong. It would be the deliberate running over that would be the problem.
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