Fart in lift Inquiry sounds bum note
Having a situation where the obscenely overmonied get away with not necessarily paying their full tax whack might look like something that the sane should not be attempting to defend. But as Labour have seized the high ground, either the Tories and their followers lose face by admitting that Miliband was right all along, or they must take an adverse stance and somehow spin it as economically sensible.
There was, though, as Captain Blackadder might have observed, only one thing wrong with this idea - it was bollocks. Balls said “might”, not “will”, and CCHQ edited out him saying “But I think we can be tougher and we should be and we will”. CCHQ then lied about the edit. The Fawkes rabble span this as “Watch Balls Undo Labour’s Big Non-Dom Policy”. This was most obedient of them. But it was still bollocks.
He goes on “Well other independent experts have taken him to task on Twitter for a basic error [no citation, no surprise there], most countries have double taxation treaties (DTCs). If you pay tax in one country on your earnings, you can’t be taxed again in another jurisdiction – the UK has over 100 such treaties”. Did anyone say otherwise?