Tag Archives: taxes

Tax avoidance

Exhibit A: Wealthy hiding $21 trillion in tax havens, report says

The “super-rich elite” are hiding more than $21 trillion US in tax havens around the world, an amount roughly equal to the combined GDP of the United States and Japan, according to a new report.

Exhibit B: Paying a plumber cash in hand morally wrong, says Tory minister

“Getting a discount with your plumber by paying cash in hand is something that is a big cost to the Revenue and means others must pay more in tax,” Gauke said.

(hat tip to Duncan Black)

If you’re feeling cognitive dissonance, remember that people who hire plumbers aren’t the sort of “job creators” whose taxes we’re supposed to cut.

 

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