Tim Worstall

It is all obvious or trivial except…

 

 

Erm, no Compass laddies, not quite

April 11th, 2009 · 2 Comments

Did you know that over 15 times as much money is lost through tax avoidance at the top than is lost to benefit fraud at the bottom? That’s £15BN of public money lost to a powerful elite who can afford to pay tax advisers:

No, you’ve really not quite grasped this. That’s £15 billion that Parliament has deliberately decided not to collect in tax by writing the tax laws in certain specific ways.

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Tags: Tax

2 responses so far ↓

  • 1 dearieme // Apr 11, 2009 at 3:15 pm

    Of course they’ve grasped it, Tim. They are just practising to deceive.

  • 2 John Page // Apr 11, 2009 at 3:30 pm

    And of course the government’s claim that we lose £800m a year to benefit fraud is false. It’s at least £2bn.

    By the way, the anti-fraud minister is one Tony McNulty. His platitudes about successful benefit fraud convictions – usually plentiful – seem lately to have become rare. I wonder why.

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