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Tax Havens

(835 Posts)
whitewave Tue 05-Apr-16 08:38:06

We can't possibly let this slip by!

Tory on Radio 4 this morning arguing that we can't tackle the "treasure islands" that we have sovereignty over as it will lose people jobs!
I was astounded. So it is fine for the Steel workers to face penury but not those who help the wealthy to hide their money.

DC implicated - won't be long before GO is mentioned.

durhamjen Sat 09-Apr-16 10:27:21

Rachel Johnson spent a lot of time saying she could not comment on things because of her brother. That's why it was rubbish. No point in having someone on who cannot respond to many questions.

What Tony Benn did was what anyone in this country can do who owns a house worth more than £650,000. We know exactly what he did because it was in the open and in this country. Unless, of course, in your prejudice against him, you know differently, niggly.

We do not know how much Cameron's dad left because some of it is still in secretive jurisdictions and therefore not subject to UK law. Unless again, in your prejudice, you know differently, niggly. Cameron is certainly not telling us.

If any Labour MPs or backers are caught out in this, I will be just as vociferous in my condemnation. Haven't heard of any yet, though. I am sure if there are any, you will find them though, niggly.

nigglynellie Sat 09-Apr-16 10:26:53

So David Cameron is suddenly responsible for what his father did or didn't do?! How on earth do you work that out dj? I'd be really interested to know. Of course avoiding tax is theft from receiving/paying in cash for casual work, to careful tax planning through a tip top accountant. It's not the amount that's the problem but the intent. Maybe some of us have done the former? ( or even the latter!!!) God forbid of course!!

durhamjen Sat 09-Apr-16 10:17:04

There is a very interesting article by Suzanne Moore in the Guardian.
She says that not paying taxes is a form of theft, even if it is legal. "
The acceptance of a caste system whereby the likes of David Cameron and George Osborne rule us and we are not allowed to question the finances of this elite has to stop. We all pay taxes to train doctors and maintain the roads they are driven on. The idea that this elite does not use the services that are provided is simply not true."

Another interesting fact in her article, to do with 2010, is that just before the election, Jeremy Hunt, then culture secretary, reduced his tax bill by £100,000 through a deal that meant he transferred his companies' office buildings.
Of course, I can now see the people who will say why shouldn't he?

Well, he shouldn't have done because he was doing it to pay less tax, pay for fewer doctors, pay for fewer potholes to be filled in.

What is tax?
I think it's a mark of a civilised society, a society where everyone pays their fair share depending on the money they earn, not on accountants and lawyers being able to earn more than the average person earns in a year on just one transaction to enable Cameron's dad to dodge paying taxes in the country his son professes to love.

I noticed in today's news that Mossack Fonseca are trying to close offices down. A bit stupid, really.
Fortunately the police noticed and raided the office in San Salvador.

www.theguardian.com/news/2016/apr/09/panama-papers-police-raid-mossack-fonsecas-office-in-el-salvador

Anniebach Sat 09-Apr-16 10:11:28

obieone, I decided many years ago to rewrite this request to love the sinner and I follow - try to understand the sinner in place of love the sinner

nigglynellie Sat 09-Apr-16 10:08:14

No, ab, that's just the point. As I said in a previous post, I have no trouble at all with Tony Benns tax avoidance arrangements, in fact I can perfectly well see that it would be sensible to carefully plan to preserve and protect family wealth.. My problem is that while nobody on the left seems at all put out by it, dj actually approves!! but when it's Ian Cameron basically doing the same thing there are howls of rage why?!! Hilary Benn and his siblings benefited by their parents prudence, as did David Cameron and his. Why is it ok for the Benns but not the Cameron's bearing in mind neither parents broke the law?!
Why was newsnight rubbish because Rachel Johnson was on it? Is there some reason that she should be banned. Surely not prejudice dj?! Heaven forbid!!!!

Anniebach Sat 09-Apr-16 10:08:10

As just a few seem to think Benns will is of interest . I think I would have done the same as Caroline Benn. A couple could have a very happy marriage yet often when one partner dies a second marriage follows , the second husband/wife is then entitled to inherit

My mother in law married a widower , his first wife had worked for most of their married life in nursing. They had two daughters and three grandchildren. My mother in law and her second husband made wills leaving the house - the house he and his first wife had bought - to each other. My mother in law has made a new will, she chose to leave the house to her daughter and me , not from affection but as the widow of her son. The daughters from the first marriage are not mentioned. I demanded she change her will and leave me out of it, if she refused I would give my half to the two daughters . The first wife adored her daughters and I am angry they will not benefit from the hard work of their parents. She is now to leave all to her daughter and sons younger daughter and grandchildren of her sons elder daughter. I have not spoken to her for over seven years , what she is doing is so wrong.

No more to say on the wills of the Benns, just I would do the same as Caroline.

Sorry for going off topic

obieone Sat 09-Apr-16 10:03:00

Having read durhamjens post better of 01.08am, the problem really is an international one. Of all parties.

obieone Sat 09-Apr-16 09:59:48

Do you have evidence that David Cameron lies daphnedill?

For what it is worth, it wouldnt surprise me, but I think I am right in saying that on the internet, you have to be right to be able to say that.

Ab, H must be one of the hardest people to try and love.

I am trying hard to see the difference between legally avoiding tax, and legally avoiding tax offshore.

From what I can see, this whole subject is not a party issue at all but a national one.
I would not like to be the way of Norway but it does have its advantages.

rosesarered Sat 09-Apr-16 09:54:10

So vote in the EU what you think is right for the country, not what the PM says.

rosesarered Sat 09-Apr-16 09:53:02

Can ANY PM be trusted on all matters?

rosesarered Sat 09-Apr-16 09:51:44

IF any wrong doing by him personally comes to light, that is a different matter.

rosesarered Sat 09-Apr-16 09:50:06

You don't need to be his Mother to point this fact out.

rosesarered Sat 09-Apr-16 09:49:40

There seems to be a touch of hysteria about all this and a hint of paranoia, a bit of a non story is right, regarding Cameron selling his shares. As I and jingl and others have pointed out, tax was paid on his shares when sold, like all shares.

jinglbellsfrocks Sat 09-Apr-16 09:45:21

Cameron declared the income and paid full tax on it. This is a non-story. The fact that he got rid of the shares before the election was probably because he knew this kind of political back biting could easy flare up.

Anniebach Sat 09-Apr-16 09:42:00

Spoor attempt to divert from the topic Rosesarered. My comment on hitler was in response to hating the sin and loving the sinner , perhaps a thread on this would be of interest.

I am quite aware that people have a personal choice when voting. There are people who will read Camerons blurb and so I ask, can he be trusted

This man had those shares when he was a MP, he didn't have to declare them so chose not to. He sold them just a short time before the 2010 election, he would have been fully aware that if he were to win the election he would have to declare the shares - coincidence , I don't think so.

rosesarered Sat 09-Apr-16 09:07:43

On the EU, it is what he personally believes, others in the Party do not, same as in all the parties.You have to make your own mind up, not believe just one politician.

rosesarered Sat 09-Apr-16 09:05:43

Hardly a 'weak' response on my part ab simply a more polite one.
yes, Benn could do the sensible thing, but anyone else ( not Labour) does corrupt things, what a hoot.
And now a first mention of Hitler........

Anniebach Sat 09-Apr-16 09:00:42

Cameron was evasive over his oversea shares, if they were all above board why did he sell them a few months before the 2010 election, why didn't he declare them when he was a MP.

Can he be believed over his claims we would be better to stay in the EU , can he be trusted to tell the country the truth

Anniebach Sat 09-Apr-16 08:54:03

obieone, hate the sin but love the sinner is one of the most difficult things asked of Christians. Can one love Hitler?

obieone Sat 09-Apr-16 08:40:45

Loathe what people do by all means. But never loathe a person, love them.
We are all fallible.

Anniebach Sat 09-Apr-16 08:32:13

Niggle, you are so troubled by Tony Benns will yet you have no problem with Ian Camerons will, not possible for anyone to read because he made his will in another country , I question a will which is hidden away far more than a will made in this country.

Plus this thread is on tax havens not a married couple making their wills in the UK

Anniebach Sat 09-Apr-16 08:24:14

What a weak response Rosesarered, my concern is Cameron is Prime Minister, may seem a small matter to you but not to many.

daphnedill Sat 09-Apr-16 08:15:47

Funnily enough, niggly, you might be surprised if you knew more about my politics. I don't think anybody in real life would call me a left winger. Never mind!

Yes, I do loathe Cameron, Osborne and Hunt, etc. No, I don't know them personally, but I do know enough about their values from their actions to know that I loathe them. Nobody is forcing them to make the decisions they do.

nigglynellie Sat 09-Apr-16 07:28:24

Why do you left wingers keep on about loathing people?! I'm not wild about the labour party particularly in its present format, but I don't think I 'loathe' them! Why ask roses if she's DC's mother because she lives in Oxfordshire?! ! What sort of ridiculous question is that?! Childish is a word that comes to mind!

nigglynellie Sat 09-Apr-16 07:21:18

You're probably right! Labour members apart from the odd bleat do seem to be keening very quiet!! (wonder why?!!) Oh I see dj. when it's Tony Benn it's sensible planning, approved by you! When it's Ian Cameron it's a hanging offence particularly for his son, neither of whom acted illegally! Your hypocrisy is quite astounding!!