Strange Silence of the Taxaholic

Richard Murphy is the left-wing accountant who is wheeled out by the Guardian as a rent-a-quote “expert” on tax whenever they want to justify demanding higher taxes.

He is in reality just another left-wing, poisonous advocate of the legalised looting of the productive classes.  His hypocrisy was exposed when he gave the Guardian a clean bill of health despite them taking advantage of a legal loophole to avoid paying a single penny in tax when GMG made £300 million in profitsTax justice indeed.

Murphy & MynersMurphy was also silent on GMG’s use of a Caymans Islands special purpose vehicle to avoid capital gains and has not breathed a word of condemnation of Lord Myners’ personal use of offshore tax havens to protect his assets.

Lord Myners, until a few months ago the chairman of GMG, is supposed to be the minister for tackling tax havens.  There is hypocrisy on so many levels on the Guardianista left…




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Quote of the Day

John Curtice on fiscal policy:

“Attitudes to taxation and spending are basically counter-cyclical. If a government comes in and tries to reduce spending and taxation, after a while people will get worried about the state of public services. If a government increases taxation and public spending, after a while they’ll get concerned about increasing taxation…. In as much as there are lots of ideologues out there who think the state should be this proportion of GDP, they’re all wrong. Because the public’s view is counter-cyclical to the recent experience. It’s basically impossible to satisfy the public.”

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