So Lord Swraj Paul has fallen into line with Ashcroft. However Lakshmi Mittal has given even more – some £4 million pounds to the Labour Party tax free – shouldn’t he or the Labour Party pay tax on that sum?
Guido has identified £10,596,751 in non-dom donations to the Labour Party from donors who have avoided paying UK taxes, that is an average of £16,403 per constituency. There are, as Lord Paul himself says, more donations and donors not yet identified. If donors had to pay taxes at the higher rate of 40% like ordinary voters the exchequer would have not been cheated of £7,064,500.
Labour’s 1997 manifesto promised to put a stop to all this…