Tuesday, April 10, 2012

Shocked he’s shocked ?!

George Osborne: I'm going after the wealthy tax dodgers

Mr Osborne told The Daily Telegraph: “I was shocked ...." Maybe shocked to find out they're netting out at 90%. Shortly after he was on the phone shouting at his accountant ? Not sure how fiddling with income tax will stop the loop holes of getting "dividends" ? "Several of them offset the cost of business mortgages or borrowing on buy-to-let properties against their income tax bill, while others took advantage of relief on donations to charity."

Posted by doomwatch @ 11:10 AM (1974 views)
Please complete the required fields.



11 thoughts on “Shocked he’s shocked ?!

  • mark wadsworth says:

    Why not cut everybody’s income tax rate to 10% and make up the shortfall with …. ….. Tax?

    Reply
    Please complete the required fields.



  • general congreve says:

    In other news, Chief of Police shocked to discover burglars have been breaking into houses.

    Reply
    Please complete the required fields.



  • There is a significant difference between Tax avoidance and Tax evasion – next he’ll be telling us he’s shocked to find pensioners sheltering their cash in ISA’s and National Savings products thus avoiding unnecessary Tax.

    Reply
    Please complete the required fields.



  • I was shocked to find out that he is so naive.

    Reply
    Please complete the required fields.



  • What Jack C says.

    From the article…“I was shocked to see that some of the very wealthiest people in the country have organised their tax affairs, and to be fair it’s within the tax laws, so that they were regularly paying virtually no income tax. And I don’t think that’s right.”
    OK, so who are the idiots, George? The people that make laws which don’t work or the people that try to minimise their tax liability?

    Reply
    Please complete the required fields.



  • No mention of those who can receive capital gains instead of salary income and pay the lower rate of the former. No mention of offshore tax avoidance and evasion.

    Osborne’s reaction reminds me of the movie Casablanca. The collaborationist police chief is allowed to win in Rick’s casino – part of the cost of doing business for Rick. When the Germans make it clear they want Rick’s place closed down and it’s incumbent on the police chief to find a pretext for doing so he declares that he’s “Shocked. Shocked! to find gambling on these premises”.

    Reply
    Please complete the required fields.



  • Isn’t this George just telling the masses what he thinks they want to hear ?

    Just another red herring along with banker bonuses and so many others to avoid at all costs mentioning the real problems .

    Reply
    Please complete the required fields.



  • George
    I am shocked that you are shocked, to avoid being shocked further I suggest that you have a chat with that Lord Belize chappy that allegedly financed your party in exchange for an ermine hoodie, I have heard it suggested that he might know a teensy little bit about not paying tax. If you cant find him due to his not being resident and/or sitting in the lords, then you could ask yourself how a witless elitist like you can be stinking rich, shoorly this could not be due to systems (doubtless entirely legal ones) for preserving wealth from the deflationary effect of taxation in the past? If you cant get a sensible answer from yourself, then ask the rest of the cabinet, they have a bob or two between them and you never know , some of them might know the name of a few firms of accountants that might specialize in minimizing tax bills for a fee, all doubtless entirely legally. If after all of this you are still shocked then I think you may as well accept that you are in the wrong job and go back to interior design and wallpapering.

    Reply
    Please complete the required fields.



  • iguana – I was thinking of that tax dodger’s beneficence towards the Tory party when I suggested that GO was shocked – shocked, in the way that the police chief was shocked.

    Reply
    Please complete the required fields.



  • George Osborne is ignorant? What a waste of an education. Still, most of us knew that anyway.

    Reply
    Please complete the required fields.



  • Osborne in the 2012 budget:

    “We’ll be getting five times more money each and every year from the wealthiest in our society,” he said.

    Well, well. 5 times nothing is still nothing!!!

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>