Tax Havens

I'm becoming more and more convinced that the Labour Party isn't Cameron's main enemy

twitter.com/arron_banks

www.huffingtonpost.co.uk/entry/arron-banks-ukip-takeover-reveal_uk_57067bfae4b0ad0f20cb2267

I don't really understand the rivalry between the various BREXIT groups. It seems to be more about who would be in power if they win. Much as I loathe Cameron and Osborne (and most of the Cabinet), I prefer them to the alternatives if there's a power vacuum after a BREXIT vote (a bit like Iraq).

I find it a bit weird that nobody seems to be following up on the other people who were named in the Panama Papers, which makes me wonder who is really behind all the publicity about Cameron. Could it be that this is a 'stab in the back' campaign?

Why is nobody picking up on this man, who was named?

www.theguardian.com/politics/2016/mar/27/arron-banks-the-millionaire-hoping-to-bankroll-uk-into-brexit

My personal opinion of Cameron is that he's weak and slimey, but I've always thought that. He promises things to win votes without any long-term planning, doesn't answer questions directly and lies.

Party politics is a dirty business. I believe we have some good MPs, but democracy has been corrupted by money. The government would do well to consider abolishing or at least severely restricting ALL political donations - for its own sake. This would mean that politicians would be responsible to their constituents, not those backing them financially.

This is what Barack Obama said, and I agree with him.

"Barack Obama, who has long bemoaned tax havens, including in the books that he wrote before he entered the White House, has found precisely the right tone this week. Making an unscheduled appearance in the briefing room, he did not downplay the problem, but instead talked it up as “huge” and “important”. There was no labouring of the distinction between tax evasion and avoidance, no pained insistence that there was nothing inherently wrong with investing offshore. Such pleading would have lost the 99% who have never had any need to shunt their money across the ocean. Instead, the president explained that the real concern was not law breaking, but rather “that a lot of this stuff is legal, not illegal”. "

The problem is that it is legal, not whether it is legal or illegal.
All the time his dad was looking for somewhere better to put his business in order to dodge UK tax, Cameron was making the law.

Why is it roses, that you want to be fair to Cameron and his dad, but not to the taxpayer who pays by PAYE, or the council tax payer who is losing his library and is having to pay more for a bedroom he doesn't have just because people like Cameron's dad tried to dodge the taxes that his money should have paid?

It might be legal, but it isn't moral?
Why do you insist on sticking up for Cameron?

And so to bed, it's very late.

Nope, I live in Oxfordshire djen ( as you know.) No wrongdoing by Cameron has yet been proved ( fact) and there are wealthy business men who invest in all sorts of things but are not tax dodgers. The truth will come out, but I understand why you and others 'long' for wrongdoing to come out...... Because they are Tories!
Toffs/wealthy/ etc etc therefore must be bad?
I think that fairness should be the watchword....to everyone, no matter what political party they are from, and nobody can be blamed for the sins of the Father, ( if indeed there has been any sin.)
So I repeat, his mistake has been in not being upfront about having had shares, and from nothing else.

www.taxresearch.org.uk/Blog/2016/04/07/would-you-be-proud-of-your-dad-if-hed-run-a-business-based-in-a-tax-haven/

Deserves repeating. He messed up by saying he was proud of what his dad had done. Are you his mum, roses? She lives in Berkshire.

To say until any wrongdoing is proven is just silly. If Cameron had his way, none of this would have come to light. Thank heavens for people who think ethically and responsibly.

Why was his father a wealthy businessman?
Could it be because he was a tax dodger?

He went to Eton because his father was a wealthy business man, and until any wrongdoing is proven, it's fruitless for all to get their knickers in a twist about it.

Exactly, and perhaps everyone else should hold their fire until then.

www.independent.co.uk/voices/if-cameron-wont-benefit-from-his-fathers-offshore-trust-perhaps-he-got-through-eton-on-a-paper-round-a6973161.html

"Asked to confirm whether David Cameron’s family still had any money invested in Blairmore Holdings Inc, the Prime Minister’s spokesperson said today it was “a private matter”.

HMRC has told The Independent it could not confirm whether or not the affairs of Blairmore Holdings would be investigated.

However, Jennie Granger HMRC’s director-general of enforcement and compliance has said that tax inspectors have asked the International Consortium of Investigative Journalists to share the leaked data with HMRC, and pledged to “closely examine this data”.

This means there is a possibility that Blairmore Holdings’ tax affairs could come under scrutiny."

Nobody knows whether everything was legal or not. Ian Cameron was one of five directors of Blairmore. No idea who the others were, but HMRC will be able to find out, I hope.

It seems to me that Cameron's only mistake was not to have said directly, last week, that he used to have shares but sold them(and of course paid the capital gains tax on them.)

It doesn't matter a jot about ratings at the moment, it will only matter in 2020.

As capital gains tax IS paid when shares are sold where is the tax avoidance in that?

Today's even better news; Corbyn's rating is above Cameron's.

Of course we know it. Every apologist for Cameron's clan tells us at every opportunity.
It does not stop him being a big hypocrit.
Newsnight was a waste of time tonight, having Rachel Johnson on.

If he resigned they would choose a new leader to be PM from the Conservative Party, and somebody would step in as a temporary measure until the new leader was chosen.I doubt he would go before the EU referendum though he will step down sometime in the next couple of years( if we chose 'out' of the EU he may choose to stand down later in the year I guess.)

No ab, I really do not think that everone does know this!

I think everyone knew that Rosesarered , but if he was to resign is there a deputy Tory leader ?

When the shares are sold, capital gains tax is paid.

Does anyone realise that offshore accounts are perfectly legal, it is not an offence to have investments and shares, and not an offence to be wealthy!

all this hopeful wishful thinking going on.If Cameron resigned ( he won't, and why the heck should he) another Conservative leader would take over, no GE until 2020.

I love Jimmy Carr's tweet.
He says he's going to keep it classy, and says it would be morally wrong and hypocritical to comment on another individual's tax affairs.

Nellie. Why do you think people have off shore accounts? What are the benefits ?