Friday, April 08, 2016

David Cameron: Tax Cheat

So it turns out that, after days of unconvincing efforts to dodge the topic, David Cameron is a tax cheat:

David Cameron has finally admitted he benefited from a Panama-based offshore trust set up by his late father.

After three days of stalling and four partial statements issued by Downing Street he confessed that he owned shares in the tax haven fund, which he sold for £31,500 just before becoming prime minister in 2010.

In a specially arranged interview with ITV News’ Robert Peston he confirmed a direct link to his father’s UK-tax avoiding fund, details of which were exposed in the Panama Papers revelations in the Guardian this week.

Admitting it had been “a difficult few days”, the prime minister said he held the shares together with his wife, Samantha, from 1997 and during his time as leader of the opposition. They were sold in January 2010 for a profit of £19,000.

[Emphasis added]

So he was benefiting from this foreign trust all the time he was an MP, right up until he became Prime Minister.

Meanwhile, it turns out that he also personally lobbied the EU to exempt such tax-cheat trusts from a Europe-wide crackdown on tax evasion. I wonder why?

The fact that he tried to cover it up for so long tells us that even Cameron believes his behaviour is shameful and reprehensible. He's a cheat and a liar and a scumbag, and unfit to be an MP, let alone Prime Minister.