Wednesday, 3 March 2010

Mr One Per Cent?

Or even Lord One Per Cent?

If that really were all that he gave, then no one would notice, not even the Conservative Party itself very much. That the Tories are bankrolled by the eye-wateringly rich is not news. Nor is the active disinclination of such people to pay tax. But that party's labyrinthine financial arrangements, especially where either or both of abroad and marginal seats are concerned, is justly the stuff of legend. The media know that this is a huge story but cannot yet say exactly how. They are allowing us to draw the right inference in anticipation of full disclosure, should they ever be able to make it.

In any case, the biggest scandal here is not even the presence in our legislature of a man who avoids tax (again, nothing new there), but the presence in our legislature of a man who declares somewhere else, even if it is one of the Queen's Realms, to be his natural home. That is not the case with, for example, the members of Unite. But then, nor is the tax avoidance.

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