Thursday, February 12, 2015

Government of the tax-cheats, by the tax-cheats and for the tax-cheats

The problem with the UK's political system? Its major parties are comprised of and funded by tax-cheats:

Conservative donors, peers and a high profile MP are listed among the wealthy who legally held accounts in Switzerland with HSBC’s private bank, for a wide variety of reasons.

Their ranks include Zac Goldsmith, MP for Richmond Park, plus his brother the financier Ben Goldsmith, and a Swiss resident, German-born automotive heir Georg von Opel, who has donated six-figure sums in the past two years.

Peers named in the HSBC files include Lord Sterling of Plaistow, the P&O shipping and ports entrepreneur who was ennobled by Margaret Thatcher, and Lord Fink, who was a party treasurer under David Cameron and has given £3m to the Conservatives.

Zac Goldsmith has, with his brother Ben and their mother Lady Annabel, donated over £500,000 in cash and in kind to the Conservatives.

The Conservatives have raised over £5m from HSBC clients recorded with Swiss accounts, while Labour has also benefited from cash and gifts in kind worth over £500,000, as well as a loan for £2m.

And to cap it all off, the man who oversaw all this tax-cheating at HSBC, Stephen Green, was given a peerage and appointed a Minister.

And then we wonder why tax loopholes are never closed and the rich are never made to pay their fair share. Simple: its because those who would make such a decision have already been bribed not to, if they're not tax-cheats themselves. The whole system is rotten. Bulldoze it into the Thames!