“So, eventually you just give up and delete commentary you find difficult to answer.

I suppose we can hardly expect you to believe in the free exchange of views when you so clearly believe in confiscatory taxation.”

According to Murphy’s Law that makes Morrisons and their accountants ethical.

I trust Morrisons’ shareholders are now calling their CFO and asking WTF is going on? He is clearly incomptenet if he is paying more tax than he needs to.

Like I said before, you’d think that just one sub, editor, or legal would have thought, “you know, maybe we should just have a tiny, little look at our own accounts before putting this to press…”

Here’s another fun statistic for you:

Tescos retained profit 2007: £1.9bn
Total director’s pay: £19.6m
Dir’s pay as % of profit – 1%

Guardian Group profit 2007: £64m
Total dir’s pay: £5.4m
Dir’s pay as % of profit: 8.4%

See – statistics are FUN!

But there is such a thing as ‘negative tax’, call it subsidies, tax breaks, corporate welfare, whatever.

I wonder, how would the G’s true tax bill look if you were to minus off all the hundreds of millions it gets for advertising these crappy state sector jobs? Probably negative. So they are the biggest tax avoiders of all, really.