Frankly, this bothers me far more:
"A new generation of Britain's super-rich are moving to the Riviera to avoid the Inland Revenue, largely thanks to tax loopholes which allow them to commute to work from Monaco. Such well-known residents as the recently-knighted retailer Philip Green and the Easyjet founder Stelios Haji-Ioannou have been joined in this tax haven by a new class of astonishingly-wealthy hedge fund managers, property developers and internet entrepreneurs.
The Guardian has traced more than 650 directors of British companies who give their current address as Monaco, and the top 10 residents there with UK interests alone control family assets worth more than £13.5bn.
The crucial tax loophole, dating from the steamship age, allows non-residents 90 days a year in Britain, plus the day of travel out and the day of travel back. This means businessmen can fly in on Monday morning, work four days, fly out on Thursday night, and do this for most weeks in the year without breaking the rules.
One of those involved says: "You can even fly in one day and out the next, and it doesn't count at all, provided you don't do it too often."
The tax authorities have also allowed non-residents, since 1993, to keep a UK house without losing their status. Coupled with the laptop and a mobile phone, this makes it easy to run a British business from Monaco.
Traditionally, elderly Britons used to sell up their firms and retire to Monte Carlo with the proceeds, which were free of capital gains tax in return for a minimum of five years residence spent playing golf and lazing in the sun. Many still do this.
But now they are being joined by the thirty- and forty-somethings who treat the crowded principality more as a British suburb. There is zero income tax to pay on their dividends, and the Sûreté Publique will hand out a residence permit in return for evidence of a hefty deposit in a Monaco bank, and a willingness to pay sky-high prices for property."
These money-grabbing scumbags avoid tax here and tax loop-holes make it perfectly legal for them to do it. They are far more odious in my view because they have more money than they could ever know how to spend, yet still seek to consciously find ways to avoid having to pay a single penny of it over to the Exchequer.
It's perfectly true that the law is written by the rich for the benefit of the rich.
It stinks to high heaven.