November 12th, 2012

Hodging Her Bets

“Are you lying to your shareholders” barked Margaret Hodge as she had her moment in the limelight chairing a Public Accounts Committee hearing this afternoon with representatives Google, Starbucks and Amazon – three global companies that pay huge amounts of tax in the UK, but perfectly legally and sensibly reduce their tax bills.

Hodges’ mock incredulity, amateur dramatics and Vaz-esque playing to the camera would have carried more weight if she had not been busted over the weekend profiting as a shareholder from her family firm that paid just 0.01% tax in the  UK last year. Were Stemcor’s directors lying to her as a shareholder? Or is Hodge just a spectacular hypocrite?


145 Comments

  1. 1
    It's only someone elses money says:

    Politicians… Hypocrites? What????

    • 6
      Margaret Hodge says:

      We just make the f’ucking law, right?

      • 29
        V1le Labour ruined my Country says:

        What do you expect from a Labour politician?

      • 72
        Anonymous says:

        Tax is an expense, so if it can be avoid by big firms it creates unfair competition for small companies. In an international market one cannot stop companies moving profits around.

        So cooperation tax should be based on turnover not profits. It is hard to avoid turnover in a country, so tax them around 4% of turnover.

        • 84
          smoggie says:

          The tax authorities can stop them “moving profits around” they just need to ensure any expenses paid to foreign affiliate companies are legitimate and reasonable. Taxing turnover is unfair because HMG shares in the risk of a company if it taxes as a percentage. If a company makes a loss why should HMG make a profit?

          • Anonymous says:

            Take PAYE two people earning the same would be in two different situation their expenses will be diffident one might be paying rent while other might have inherited a house.

            When non of these are taken account in PAYE what is wrong it taxing turnover. It is the simplest way to tax companies administration charges will be minimum for both sides.

    • 7
      Peter Grimes says:

      Course the fat cow is a hypocrite – she is a discredited ZaNuLieBor politican.
      Discredited becase she was the architect of a cover up of paedophilia in care homes in the council of which she was the head.

      • 129
        George But Dim says:

        She has fingers in more than one P.I.E. Mad as a Hattie! She treats business as though it is child’s play.

    • 19
      Socialists = Sociopaths says:

      Hypocrisy and Mendacity – it’s in Libor’s D-N-A.

    • 26
      Sir WW says:

      Avoiding tax is rational
      If you’re a multinational
      But if you’re Margaret Hodge
      It’s a dodge.

    • 30
      I see no difference between an MP and a lump of shyte? says:

      And they want the public to have more faith in them they say.
      Slimy, mendacious, egoistical w a n k e r s.

    • 31
      Sophie says:

      Hodge should publish the last ten years of her tax records.

      If she has nothing to hide then she will of course want to show that she has not profited from legal tax avoidance.

    • 39
      Tuscan Tony says:

      If you plan on outing all hypocritical socialist politicians it’s going to be a long week, Fawkes.

      • 86
        smoggie says:

        Better to list only those who are not. Indeed that could be a job for Silent Bob.

      • 93
        Anonymous says:

        Take out the word “socialist” Tony & replace with “thieving” and it’s going to be an even longer week.

    • 52
      Dudley Zoo says:

      Like many Labourites they preach socialism, yet practice full on corporatism

    • 54
      The Land of the Politically Correct and Mendacious says:

      Hypocrisy is mother’s milk to politicians

    • 83
      In A Flap says:

      as long as avoidance is legal then good on all those who benefit from it, however the hypocrisy issue is another story

    • 114
      Walter Mitty says:

      It’s the rich wot gets the pleasure ….

    • 145
      Anonymous says:

      I have never forgiven her for ridiculing the guy who was ‘in care’ in her London Constituency when she was responsible for Social Services….Bad Person

  2. 2
    Sue Doughty says:

    nah, she knew already

  3. 3
    Kebab Time says:

    She is a hypocrite, maybe StarBucks should question her?

  4. 4
    Old Tory Bigot says:

    Petards. Own. Hoisted by. You know.

  5. 5
    Owen says:

    Just a lying cow

  6. 8
    Adam n Eve's uncle says:

    She doesn’t use google Starbucks or amazon so let her ask as over dramatically as she likes, she may get a part in a BBC soap, or a part in the soap that is the BBC. (shakes fist and head and tuts).

    • 87
      Anonymous says:

      Why the hell don’t any of these people appearing for questioning by parliamentary commitees do their research on the members & hit back into them when someone like Hodge makes an insulting remark about them? If one of the Google,Starbucks or Amazon reps had turned the question back to her as “Were Stemcor’s directors lying to you as a shareholder in your family firm that paid just 0.01% tax in the UK last year?” she would have been demolished & shown up for the hypocrite that she is.

      • 121
        Living in 98 percent white Merseyside (with a view towards 99% white N. Wales) says:

        With my extra benefits (solid as the Rock of Gibraltar) and my compo I’ve spent about three thou at Amazon in the past few months. All on books, so am I right in assuming that the Exchequer will get no VAT out of me?

  7. 9
    Ian C says:

    spectacular lying labour multi millionairess who like the other millionaires on the labour benches, front and backbench, say one thing and do the opposite themselves.

  8. 10
    Michael Fucking Parkinson says:

    I’ve met 100s of interesting people

    • 35
      Over 50? Here's how I can screw you says:

      The professional Yorksnire man. What a turd.

    • 58
      The Sleeper says:

      Many years ago I was attending a Sports awards do…and happened to have Parky on my table. My Son had asked me to get sportspersons autographs,so I duly gathered as many as I could. Parky eventually asked me if he wasn’t important enough to be also asked for his autograph,and I explained that my Son ,aged about 8 , wanted those of interesting sports people.

      He then told me to fuck off.

      Nice one Parky.

  9. 11
    Rip van Wrinkle says:

    Now let’s think.

    This Hodge woman. Isn’t she also the woman who was Islington Council leader in the ’80′s when there was a child abuse scandal?

    How this woman has the effrontery to be seen in public let alone be seen being this hypocritical is simply unbelievable.

    When the revolution comes….

  10. 12
    NFC says:

    As a shareholder I would be quite happy if the company I had invested in had managed to limit its tax liabilities, and so would she, stupid cow!.

    • 13
      Plato says:

      The Labour party advises its donors on how to avoid inheritance tax. What does Maragret think of that?

      • 24
        Labourunionsbbc we are one says:

        Margret? Are you on friendly terms with the wrinkled, hypocritical old hag by any chance?

      • 45
        Maragret says:

        I am afraid I don’t think much of the spectacular hypocrite. However, I am quite happy to discuss my views on knitting weekly and marvelous patterns I have collected over the last three decades.

      • 55
        Justin poofy boots says:

        Can I be philosopher queen, Ducky?

  11. 14
    lollol says:

    Cairo-born Hodge nee Oppenheimer must be one of the most shameless creatures in Westminster. It’s just point-blank, in yer face, downright blatant hypocrisy but does she care? No, she couldn’t give a flying fuck.

    No doubt she’ll be voted back in again in 2015.

    • 17
      Joss Ayinglike says:

      If you say ‘Madge Hodge’ very quickly twenty times, it sounds like ‘Tax Dodge’.

    • 23
      Rat's arse says:

      Agree entirely lollol. I keep asking the same question……….. why oh why do people still vote Labour?

      Now, we have Yvette Scooper-Bollox spouting on about Abu Whatsisname not being extradited, although this has gone on since 2001 ! What did her government do in all this time? Sweet F.A. What a self-righteous bwitch she is!

  12. 15
    The proverbial curate's egg says:

    Democracy has officially been replaced with hypocrisy. If it wasn’t for the likes of Guido we would all blissfully ignorant thinking our MPs are thoroughly decent. They are rotten eggs. They look fine on the outside but thoroughly poisonous and odious inside. Hodge always comes across as if butter wouldn’t melt. Oh what fools we are.

  13. 16
    Matei says:

    From reading this blog, I gather that the author(s) take the view that tax avoidance and paedophilic abuse are perfectly acceptable.

    • 139
      *facepalm* says:

      Absolutely nothing at all wrong with minimising tour tax bill whether you’re an individual or a corporate.

      A companies objective is to maximise shareholder/investors wealth and paying tax is antithetical to that.

      Interfering with kids is absolutely not ok, whatever gave you that idea?

  14. 18
    genghiz the kahn says:

    An over promoted, over rated advocate of double standards, do as I say, not as I do Janus faced ZaNuLabour Hoon.

  15. 20
    Labourunionsbbc we are one says:

    Just you wait ’till this weeks PMQs, the opposition party will be asking questions demanding answers about this Hodge woman (if woman it is) and her tax busness.

    I can’t see the BBC letting this one drop either.

    • 111
      Annuver 'oliday says:

      MP’s are having ANOTHER recess as of the 13th, so no PMQ’s this week.
      What do these people actually do apart from spout platitudes, look ugly, smell of dried pee, and thieve?

  16. 21
    Ex Ex Ex Ah! Monika says:

    Bin Laden’s ‘right-hand man’ Abu Qatada will be back on our streets TOMORROW after winning Jordan deportation appeal.
    No doubt he’ll be appearing on BBC News wearing a ‘free’ poppy.

    • 27
      lollol says:

      He’s going to be presented as the new DG

    • 71
      The Land of the Politically Correct and Mendacious says:

      “No doubt he’ll be appearing on BBC News wearing a ‘free’ poppy.”

      This frenzy of Poppy wearing by the BBC and politicians especially LABOUR politicians is de-rigeur for anyone in the public eye these days….BUT those of you who have long memories should cast them back to the early years of Labour when anyone wearing such or daring to fly the cross of St George was branded a “Little Englander” and by definition a closet racist….Multiculturalism was King in that greatest of failed Labour policies……”Cool Britannia”……

      • 95
        Ex Ex Ex Ah! Monika says:

        They are even wearing them in The Jungle !!!

        • 122
          Living in 98 percent white Merseyside (with a view towards 99% white N. Wales) says:

          I didn’t get the chance to buy one. No-one was rattling a box outside Tesco and Iceland, unlike last year, didn’t have any collection boxes at the checkouts.

  17. 22
    Sir WW says:

    It would be dead easy to make multinationals pay a fair amount of tax in the UK if anybody really wanted to. They just have to abandon the daft, fantastical “arm’s-length” fiction and adopt a system ‘unitary taxation’, which taxes multinationals as multinationals. It won’t happen, though.

  18. 28
    Our Lawyers have succesfully argued our lehal system up its own arse! says:

    Human rights legislation = Evil masquerading as Justice.

  19. 34
    Raving Loon says:

    Corporation tax is a silly idea anyway since the tax incidence falls on individuals not corporate entities.

    • 43
      Anonymous says:

      So, a corporation can make £1bn profit and pay nothing, but a cleaner can earn £10k and be liable? Yeah, that’s less silly.

      • 61
        Sir WW says:

        The idea is you tax the money only when it is paid out of the company to individuals. As long as the company re-invests the money in productive capacity it is economically better to let it do so rather than feeding it to a national bureaucracy.

        • 124
          Anonymous says:

          Don’t bother. Explaining important facts like the principle of taxing the individual and corporate reinvestment are just annoyances that get in the way of bashing the capitalist pigs and the evil tories.

  20. 37
    Owen Jones (Metrosexual) says:

    Sorry I was in Starbucks Googling things to buy off Amazon for Christmas.
    What she say?
    …another coffee please Adrianovich.

  21. 38
    She can't be thick 'cause says:

    Hodge is a supporter of homeopathy, having signed an early day motion in support of its continued funding on the National Health Service.

  22. 40
    The BBC says:

    If it was a Tory, it’d be #1 news item all day to take attention away from Newsnight.

    However we have declared it a non-story, so nothing to see here, move along now.

  23. 42
    Anne Arquist says:

    Hodge was the one who wanted to charge for parking in Richmond Park in spite of enormous opposition. She’s another politician whose head is not in the clouds but stuffed somewhere else.

  24. 44
    Liarpoliticians says:

    When will Hodge be investigated over child abuse accusations in the borough she worked in, and did nothing about, before she became an MP.

  25. 46
    Read all about it... says:

    Hodge was council leader for Islington Council and it was she who turned down the request of whistleblowers Liz davies (a social worker) and her manager, David Cofie for resources to be directed towards an investigation. Later, senior council officers told Liz Davies and David Cofie to stop their investigation.

    http://www.guardian.co.uk/politics/2003/jul/06/children.childprotection

  26. 48
    Bob Diamond Standard says:

    Yea sure Hodge is a hypocrite but sorry Starbucks do not pay large amounts of tax. Lets see they pass on VAT paid by the froth drinkers to HMRC, they ever so generously pay business rates (so one up on charity shops) , they pay employer NI contributions but corporation tax – no.

    • 74
      Mark T says:

      they also pay a lot of rent and their employees pay a lot of tax and NI as well. The ‘dodges’ they use are to pay a fee for use of the starbucks brand – which clearly has some benefit as for reasons known to themselves some people like the stuff. Secondly they source their coffee in a way that may lead to transfer pricing questions. All this talk of tax on turnover is totally misleading. Food and Beverage you’ll be lucky to get a double digit margin, so £3bn of turnover is maybe £180m of profit, so possibly £60m of tax…over 10 years. It is dwarfed by all the other taxes, rents, costs of goods sold etc. But this is all a massive smokescreen to stop us focussing on the important issue which is not why we aren’t taxing enough, but why we are spending so much..

      • 130
        Bob Diamond Standard says:

        So what employees paying tax on their salaries is acceptable in place of employers paying corporate tax on profits – I really have heard everything. Oh and they pay rent as well WOW

  27. 51
    Bob Diamond Standard says:

    and Amazon and Google are just as bad.

  28. 53
    Another Labour cunt says:
  29. 56
    Sig Hansen says:

    When indeed Liarpolitians (40) now there IS another Labour scandal.

    And that one does have legs as does Operation Ore both ignored by the worthy BBC

    WHat is wrong with Cameron and the Conservatives, They are missing the chance with Scotland which has 50 Labour seats, missing the chance with the BBC and letting the Lib Dems mess up the Boundary changes.

  30. 60
    dunstall says:

    Our political class have always been corrupt but this lot,all of them,are beyond the pale.This country is descending into mediocraty at an alarming rate,if this is democracy then Bah Hoo.

  31. 64
    Polly's Villa in Tuscany says:

    Tax is for the little people…not us Millionaire socialists.

  32. 65
    keredybretsa says:

    Don’t do as we do, do what we say! Now one assumes that this lady is intelligent and being so close to her family company, her basic intelligence must ring warning bells somewhere in her head. if they rang she copped a deaf’un that day! Hypocritters!!!

  33. 66
    Give credit where it's due says:

    The BBC DID let through this gem of a joke not long ago.

  34. 69
    I don't need no doctor says:

    Margaret Hodgeocrite.
    Surely she should not be sitting on the Public Accounts Committee, until her tax affairs have been clarified. After all her being on the committee throws that committees credibility into doubt.

  35. 75
    neothesis says:

    Betrayed by the liblabcon? The current Vichy regime of dirty collaborators solemnly promised to deport Qatada, under no circumstances was he going to be allowed to remain in the UK and the regime indicated that was a cast iron promise…they were wrong yet again, in fact they have done everything they could to screw up the effort to deport Qatada, a long term benefit sponge and pathological hate merchant.

    Thanks to May and other dirty collaborators of the Vichy regime we can look forward to Qatada claiming millions in compensation payouts paid for by the taxpayer Qatada would love to murder. Thanks a lot Mrs May and Mr Cameron and all the muppets in the regime, what a wonderful Christmas present on the day we learned yet another British soldier has been killed by the religion of peace and a supposed ally.

    A very merry Christmas will be had by Qatada and his millionaire lawyers who have shared in the taxpayer funded wonderland money tree, a wonderland where money grows trees and falls from the skies like magic, where terrorists can live for free with everything included courtesy of the taxpayers. Of course this free money wonderland is only open to certain people like all of the regime and establishment and terrorists and all the BBC top management.

    This Christmas as we all make do with less and expect higher bills and taxes we will see Qatada looking forward to a no expenses spared luxury holiday period with the expectation of becoming a multimillionaire and all thanks to the Vichy regime.

    • 99
      Rt.Hon.David Camoron says:

      Be fair. I laid a wreath at the Cenotaph yesterday, wearing my best caring expression. The same day yet another soldier got killed in Afghanistan. My thoughts and prayers are with his family, friends and colleagues at this difficult time. I promise to remember his name for at least 10 seconds while I read it out at PMQ.

      There. Haven’t I done a good job?

  36. 77
    Atilla the Hunni says:

    When did Jimmy Mac Alpine die, was it before or after the scallywag exposeure

  37. 79
    I don't need no doctor says:

    The cowardly Tom Watson didn’t show his face in the HOC today. Now why would that be?

  38. 80
    Cam about Town says:
    • 90
      Somerset ex Tory Voter says:

      We don’t want yet another politician paid £100 grand a year to supposedly influence plod. This is yet another PC bollux exercise dreamt up by that tosser Camoron.

    • 92
      Anonymous says:

      Dave — Feck off back to London you cnut and sort the BBC out instead taking photo opportunities in Bristol.

    • 101
      National Socialist says:

      Cameron on a sink estate!

      He’ll be needing smelling salts.

      • 103
        National Socialist says:

        Will he have noticed there’s no horses or people with pink coats on?

        • 108
          Proper Bristols for Us says:

          We’re not too keen around here on PC tossers that promote gay marriage and other pink issues. We be heteros in Bristle my luvver

    • 109
      genghiz the kahn says:

      Is that a Sold Out sign?

  39. 85
    Fenton says:

    What a disgusting screechy performance from Hodge.

  40. 96
    National Socialist says:

    Hodge is skewering Starbucks to try to recover YOUR money.

    Which is more than Lame Duck Cameron is doing.

    He’s complicit in pissing £50 million of YOUR money away each day on the World’s Biggest Quango.

    And we’ve got Quatada and his entourage to feed, and the Bulgarians are coming next year.

    Get a sense of perspective

  41. 106
    Barry says:

    The Chairperson of the PAC Committee, Margaret Hodge
    Says we’ll ensure your tax you cannot dodge
    But when asked about the family firm
    Began to wriggle like a worm.

    Like her fellow chairperson Vaz
    Who a chequered background has
    She don’t want to provide answers
    Which makes them both a right pair of chancers.

  42. 107
    HenryV says:

    My dad is semi-retired and his company made £5000 last year and HMRC want £1000 in tax.

    It isn’t so much the hypocrisy that gets me, more having the front to sit there and ask those questions knowing full well those members of the public who take an interest in politics all know she is a hypocrite. Cow. Tax dodging Labour whore.

  43. 117
    Vera,Chuck and Dave says:

    These stupid MP C unts are really boiling my piss. I dont give a fuck if these companies are paying the minimum tax they legally can and the reason I dont give a fuck is that they EMPLOY people. FFS thats the reason they are here because of the tax breaks. If these fuckwitted MPs dont watch out some of these companies will up sicks and fuck off elsewhere leaving thousands on the Dole.

    What makes it worse is that these same hypocritical fuckers , have there own affairs arranged in a way in which they pay the least amount of tax themselves.
    Remember house flipping for example. But when they do it there is fuck all benefit to the country .

    Please please just piss off you shower of grandstanding oafs !

  44. 123
    Adam Werritty gone but not forgotten completely says:

    Any multinational company thinking about investing in Uk will think twice after hearing that woman today .

    As a chairperson it is not very becoming to say you are getting angry and start pointing your finger . After all she was there to enquire not use the occasion as a soapbox for her own preconceived views .

    A complete waste of time and money .

    If you have a problem with other countries getting more tax take than you perhaps you should be looking at an EU standard tax system with trade tariffs against non EU countries.

    These of course are now the things upon which we have no say as our present Prime Minister leads us I know not where .

  45. 125
    Hodge Podge says:

    Do as I say, not as I do. Plebs.

  46. 128
    Viv Dean says:

    Is Hodge a spectacular hyprocrite?

    Need you ask?

  47. 131
    Blowing Whistles says:

    And Andrew Pierce says on Sky paper review about 10:43 PM – “She’s turning into a real triumph as chairman …”

    Thank you Andrew – and the Daily Mail pay him money as a Hackette!!!

  48. 138
    Classical gas says:

    I’ve got a big fart coming. What market price should I sell it for?

  49. 141
    Spartacus says:

    your choice lady, a fair tax take or No tax take? we can always base ourselves somewhere else.

    surprised none of them told her that multinationals would always gravitate to the lowest tax area.

    probably decided she was too dumb to understand such a concept.

  50. 142
    Attila the Huhne says:

    “is Hodge just a spectacular hypocrite?”

    Judging by her performance, she is spectacularly incompetent.

  51. 143

    Anybody interested in an APP which attaches to your browser and advises you when you are visiting an e-commerce site of a company which either doesn’t pay tax, or doesn’t pay its people the living wage.

    We had a similar facility which warned you when a site you visited was part
    of the alliance trying to change American law to prevent “pirate” downloads of film and music content etc, (and a whole lot else which was “inconvenient”).
    This worked brilliantly, and coding a widget to replicate this function for such recalcitrant firms would be quite straightforward.

    If you’d like to work with us on this or even just offer moral support we’d be really pleased to hear from you.

  52. 144
    Gadfly says:

    Just because businesses sell their products to the UK doesn’t mean they should pay UK corporation tax. By that logic, continental farmers should pay tax in the UK, and our exporters would face corporation tax bills from the governments of other the countries.


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Alexrod says:

It’s money innit.


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