David Cameron has to resign.

[PirateSmile]

If there is any evidence he has had even one penny of benefit from his father's dodgy tax arrangement, surely Cameron has to go?
He's saying 'it's a private matter' whilst presumably working on his notes for next month's conference on cracking down on such tax scams. You really couldn't make it up. He will no doubt plead ignorance but that's no defence. He is the PM. He should know he's benefiting from is essentially large scale fraud.
Are we really going to let him get away with this?

home no need to be snarky.

Good to see you using your new word candykane

Thank you home I like it, it has a very pleasing sound

A wee bit of interesting research into wealth and income distribution in the UK.

<a class="break-all" href="http://webarchive.nationalarchives.gov.uk/20160105160709/www.ons.gov.uk/ons/dcp171778_368612.pdf" rel="nofollow" target="_blank">webarchive.nationalarchives.gov.uk/20160105160709/www.ons.gov.uk/ons/dcp171778_368612.pdf

I think levelling the playing field in terms of education or wealth redistribution through the income tax system has little effect.

The things that make a difference are comprehensive IHT, CGT and curbing the exponential increase in wage differentials which has arisen over the last 20 years.

Even once DC publishes his tax return it will not give any understanding of his financial affairs as his "income" is managed rather than "earned".

howmanyminutes what you describe is a pure form of socialism which has not been terribly successful when practiced in various nations. Even in Soviet USSR for example there were corrupt elites etc. I wonder if it's just against human nature to seek equality rather than costing more than thy neighbour? Depressing I know

Even in Soviet USSR for example there were corrupt elites which is exactly why there are so many super rich Russians now.

Should be "coveting" more than thy neighbour obvs

sleepwhenidle why is it suspicious, he sold when he was about to become PM if he is the sort of genius who knows exactly when he is going to become PM and can somehow manipulate worldwide investments to hit the CGT threshold a few days before then that is the sort of genius who should be running the country.

I don't think people are advocating socialism.
They are advocating social justice though.
Why would anyone advocate social injustice?
Unless of course it financially benefits them.
Which results in others being unfairly disadvantaged.
So no. Not socialism. Fairness.

I think you're confusing me with a different poster cd, someone said it was suspicious that his inheritance was just below the tax free maximum, I was saying that this isn't suspicious or a coincidence, it would have been planned exactly that way, perfectly legally (and arguably sensibly)

cd
I think the suspicion is he extracting the right amount to avoid CGT.
That there is more elsewhere.
As there was little oversight and regulation, there is suspicion m.
As a totally unfounded cynicism view, my suspicion is that there is more money hidden elsewhere. It's just a suspicion.

I wasn't saying you are advocating socialism. Just that what you described- the bit about equality of opportunity in education, and the fact that we are not content with having "enough" but always want more- is in fact what socialism is on an intellectual / theoretical level. It doesn't work in practice though, at least if hasn't so far.

No one is saying it has home

The demo is on RT now

HowManyMinutes - Blairmore is an investment fund, that's exactly what people were doing with their money. It isn't just a bank account where you put money to earn interest without paying tax on it, the money is used with the intention that it will grow. It owns or has owned shares in Google and Amazon among others at one time or another.

It's entirely possible it has invested in Tesla, or possibly even Paypal, which is how Elon Musk made his money to start with. I don't know if it does, or did, but it could have - it will depend on the risk strategy and profile of the fund. Musk isn't using all his own money, he finds investors to back his projects, and some of those will be investment funds like this one.

So the Blairmore investment fund had shares in companys that are notorious for "Tax avoidance" but of course its all legal so prefectly ok but a jobbing builder does a couple of cash jobs and they are criminals. That just about sums up the situation!

An awful lot of pension funds have or had shares in Google, Amazon, Apple and other companies like them, because they provide returns. It's not only offshore investment funds.

" if the priority isn't just to make the most money."

This does seem to be the priority for many people using investment schemes though. Isn't that what pension and investment schemes are for? And the whole point of capitalism.

Is the issue that these funds exist in the first place, or just that our PM has money invested in them?

I'm not saying that all this is right BTW. I just think that even if DC was to resign, it wouldn't stop this from happening. The govt. may have taken steps to change the law surrounding this, but more loopholes will be found to work round it.

As an aside, AFAIK there are 'ethical' investment funds but my cynical side thinks that 'ethical' is not much more than a marketing ploy in some cases at least.

Using pensions again to minimise

Ok, so he resigns. Then what happens?