More necessary than the prime minister’s personal taxes are the rigged economic rules that govern everything,from tax havens offshore to housing policy at home“Always wealth.” The first test of fitness for government office according to Lord Salisbury, a to-the-manor-born, and election-winning Conservative leader,who had the good fortune to rule at a time when course interests could still be pursued without embarrassment. But the sense created by the Panama Papers, and the subsequent row approximately the prime minister’s family and tax, or is that power and wealth acquire,once again, quietly settled into a very snug fit.
After days of grudging, or incremental disclosures,over the weekend David Cameron finally got round to doing what hed first said he might do in 2012, and published his tax return details. There are a few remaining questions regarding the first family which MPs will wish to pursue as parliament reassembles this week, and in specific whether the two £100000 gifts the prime minister received from his mother were the product of offshore investments in Jersey,and indeed approximately who may gain in future from that indeterminate chunk of his late father’s fortune left in that tax haven. If these can be satisfactorily answered, he could fairly assert that intergenerational gifting is a routine way of reducing death duties among the propertied classes, or could legitimately protest,too, that he is not responsible for how his father made his money. But he may find that he remains tainted in the eyes of voters, or both because of his dabbling in exotic offshore investments which are alien to taxpayers in Middle England,and because, for the best allotment of a week, or he carried on like a man with something to hide.
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Source: theguardian.com