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Mikhail Liebenstein

Dispatches To Make Allegations Against Ministers Over Tax

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http://www.dailymail.co.uk/news/article-1321217/Channel-4-explosive-row-millionaire-Tories-tax-dodge-investigation.html

This has to be the TV event of the week, if indeed Channel 4 don't bottle it under the threat of a legal action. They will need to be 100% on their facts, as otherwise they'll just discredit themselves and frankly they'll have done everyone a disservice, - in which case legal action by the ministers named is justified.

But if the tax allegations are true this will be dynamite.

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As for minister Hammond he should learn to keep his mouth shut about his lawyers.

If allegations are made and a writ does not follow that will tell you all you need to know about the probity of these persons... Clearly not the brightest thing to have said and I bet his Tory mates will are loving him for it..... :P

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If they've made edecisions as Ministers for personal benefit, that's corruption.

As for the rest of it, what's the news? Trust Funds are a well known device and in any case people drawing money out of them pay tax.

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Channel 4 continuity announcer, Monday 18th October, 8pm:

"Now, in a change to the advertised program, Dispatches investigates the decline of the red squirrel in Northumberland."

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As for the rest of it, what's the news? Trust Funds are a well known device and in any case people drawing money out of them pay tax.

Same as arranging finances between man and wife to minimise tax liabilities. It's within the rules so not even noteworthy.

Lazy journalism to throw some big figures around, make subtle insinuations, and whip up a bit of jealousy.

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If they've made edecisions as Ministers for personal benefit, that's corruption.

As for the rest of it, what's the news? Trust Funds are a well known device and in any case people drawing money out of them pay tax.

Um, if you're a government minister, you're in a position where any share trading could be a conflict of interest. As in, be seen to buy/sell shares in X while working on legislation favourable/unfavourable to X. Hence trust funds, putting a minister's investments at arms length, are AIUI pretty-much obligatory.

We've seen how damaging it got when a highly corrupt government took advantage of property not being subject to any such rules.

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Same as arranging finances between man and wife to minimise tax liabilities. It's within the rules so not even noteworthy.

Lazy journalism to throw some big figures around, make subtle insinuations, and whip up a bit of jealousy.

This would be true, it should be a non issue, were it not for the fact that the Liberals had made such a song and dance about going after tax avoidance as if it were tax evasion at their annual conference so recently.

Hang on.

:ph34r:

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This would be true, it should be a non issue, were it not for the fact that the Liberals had made such a song and dance about going after tax avoidance as if it were tax evasion at their annual conference so recently.

Hang on.

:ph34r:

...good point ....do the Liberals understand the difference between managing your tax with common sense and evading tax.....?... :rolleyes:

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...good point ....do the Liberals understand the difference between managing your tax with common sense and evading tax.....?... :rolleyes:

And, of course, there are no grey areas whatsoever. the Cayman Islands being the industrial, financial and trading capital of the planet and hence the correct place to report profits..

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I think the Chancellor's event on Wednesday is will be the watershed that decides the future of the coalition. If the Lib Dem grass roots don't like it, then we're probably only months away from another general election.

Edited by blankster

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I think the Chancellor's event on Wednesday is will be the watershed that decides the future of the coalition. If the Lib Dem grass roots don't like it, then we're probably only months away from another general election.

Doubt it.

Libdems know that it only a sheer fluke and Cameron's incomptence that has put them in Government. Not likely to be repeated without proportional representation.

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So Hammond transferred the shares to his wife before the election, to avoid a tax he wasn't responsible for treating and he's therefore guilty of wrong?

Edited by Andy D

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So Hammond transferred the shares to his wife before the election, to avoid a tax he wasn't responsible for treating and he's therefore guilty of wrong?

...no.....for other things in life maybe ...but not this..... :rolleyes:

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Um, if you're a government minister, you're in a position where any share trading could be a conflict of interest. As in, be seen to buy/sell shares in X while working on legislation favourable/unfavourable to X. Hence trust funds, putting a minister's investments at arms length, are AIUI pretty-much obligatory.

We've seen how damaging it got when a highly corrupt government took advantage of property not being subject to any such rules.

Yes ministers tend to put shares into a trust and resign directorships and so on.

But not with property as we have seen, and the Milibands gained massively from the property bubble they helped create.

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Apparently not on here. :lol:

No, I was unaware of it until now, I have Medal of Honor to play - like to imagine some of those x-rays are politician piggies biting it B)

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How they find time to do anything actually on behalf of the country is one of the great mysteries. Maybe that's one of the reasons the UK is where it is now quite apart from the conflict of interest shared with their buddies. Likely quite a few in Labour and LibDems as well.

Don't worry they will wield the sword of truth (and dodgy expenses - still not resolved after all this time) and answer their critics even if only from the Cayman Islands.

Edited by billybong

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Sorry but this program was a non-event, it had no chance of rocking the coalition.

It focused on Coalition MP's using the tax system to minimize their liabilities in a perfectly legal way. Everyone minimises their expenses as far as possible.

I evade VAT by not buying any food items that are subject to it. Quick get the fast food police around to give me a good kicking.

I use an ISA account to put savings into so I don't pay tax on the interest, oh no I am a criminal. Oh hold on wait a minute I'm not because its legal.

MSE journalism in this country is a waste of time. A Brilliant example of this was the BBC News coverage of the problems in France they made it look like a small student riot, when the camera started to show something on fire and some more serious events they cut the piece short.

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How they find time to do anything actually on behalf of the country is one of the great mysteries. Maybe that's one of the reasons the UK is where it is now quite apart from the conflict of interest shared with their buddies. Likely quite a few in Labour and LibDems as well.

Don't worry they will wield the sword of truth (and dodgy expenses - still not resolved after all this time) and answer their critics even if only from the Cayman Islands.

Just been reading a piece about Blair walking off (stole) with 76 ministerial gifts which belong to the country unless he pays market price for them (minus £140.00).

Amongst the others, he disappeared with 12 watches and 3 guitars, one signed by Bono (similar one fetched "over £90,000 at auction in New York")

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I was actually quite pleased by the programme. The worse Dispatches could find was people making appropriate tax planning They must have looked around for all sorts of illegality, and the best they could do was find people making appropriate tax planning and, in George Osborne's case, to pick one, simply being the beneficiary of tax planning done by his father 20 plus years ago.

Total tosh ..... what they are doing is entirely legal and in fact, extremely sensible. Compare and contrast to thieving [Asian and Labour in particular] Peers.....

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  • 145 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
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      • up 5%



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