The Curmudgeon

YOU'LL COME FOR THE CURSES. YOU'LL STAY FOR THE MUDGEONRY.

Saturday, April 12, 2014

Think of it as an Investment, Chaps

Having spent four years kicking the proles, the Chancellor now seems to feel confident enough to address some of the actual causes of the late financial meltdown; or at least to make some sort of show at doing so. With all of thirteen months to the election, Osborne has suddenly discovered that tax-dodging by rich people is a Bad Thing; and, as might be expected, has found that the wogs are to blame. Various crown dependencies "have not done enough in the past to be transparent", but Osborne, the Cecil Rhodes of global finance, has booted them into line, and has even dashed off a statute making it a criminal offence to omit declaring offshore income. Apparently nobody had thought of it before; but there are, after all, even more poor people to kick now than there were in 2010, so we should all be jolly grateful that the Chancellor found the time. With a bit of luck, he might recover nearly as much from his chums as he has lost in selling off the Royal Mail or spent on defending executive bonuses against a cap.

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