The Prime Minister made headlines this week for calling comedian Jimmy Carr’s tax avoidance scheme ‘morally wrong’.
Mr Carr quickly apologised for what he called a ‘terrible error of judgment’, and said his ‘error’ came about when his financial adviser told him there was a legal way for him to pay less tax.
Meanwhile, Mr Cameron is taking flak for not criticising tax-avoiding Tory supporters, including Gary Barlow, and Downing Street is reportedly moving away from plans to make senior ministers’ tax returns public.
"I met with a financial advisor and he said to me: 'Do you want to pay less tax? It's totally legal.' I said: 'Yes.' I now realise I've made a terrible error of judgment … Apologies to everyone. Jimmy Carr."
Privately, senior Tories are concerned that Cameron's comments on Carr were a tactical mistake because they gave journalists a green light to investigate the tax affairs of Conservative ministers, MPs and donors.
On Tuesday, the PM described Carr's tax arrangements as "straightforward tax avoidance". He said it was unfair on the people who pay to see Carr perform that he is not paying his taxes in the same way that they do. The K2 tax-avoidance scheme Carr is said to have used enables members to pay income tax rates as low as 1%.
Click here to find out more! By James Lyons 7 Comments 22 Jun 2012 00:00 Morally wrong?: PM told to close loopholes that allow super-rich to avoid paying £4billion tax a year
PM silent on cronies such as father-in-law Lord Astor and donor Lord Ashcroft who have used tax havens Tweet that: Jimmy Carr's K2 Tax Scheme comments on Twitter Tweet that: Jimmy Carr's K2 Tax Scheme comments on Twitter Getty/Twitter: Jimmy Carr
David Cameron last night faced a furious backlash for refusing to condemn the tax affairs of his rich pals while attacking Jimmy Carr.
The PM was silent on cronies such as father-in-law Lord Astor and donor Lord Ashcroft who have used tax havens. Labour's John Mann said: "Are they morally wrong too?. Carr apologised.
Against a backdrop of cuts that threaten jobs and livelihoods, struggling Britons will agree with David Cameron that Jimmy Carr’s tax avoidance was morally wrong.
But the PM was last night branded a hypocrite for singling out the comic when his own wealthy family and cronies have used similar schemes that mean the country misses out on £4.5billion a year.
And hard-up families being stripped of their child benefit will be furious that Mr Cameron’s rich pals are allowed to get away with paying just one per cent tax while doctors, nurses and police face the axe.
Originally posted by dr treg
About a year ago it was suggested Cameron has a personality disorder (PD) - the narcissistic PD.
Tony Blair a former UK politician is also thought to be a victim and denies wrecking local work forces with mass Polish immigration into the UK for cheap labour.
Somehow the UK sheeple are now voting personality disorders into top policy making positions where policies are made to injure the same voters.
It is uncertain how this state of affairs developed apart from a corrupt UK media.
Originally posted by tombangelta
reply to post by Wide-Eyes
I personally agree with what he's doing.
All I see around me in the uk is thick scum who don't care about education
And have no work ethic.
Starve them all to death or force them to grow crops.
We are far to lenient on dense individuals who think they are owed
Originally posted by FOXMULDER147
People seeing this as "taking from the poor" are completely missing the point.
It's an attack on welfare culture (key word "culture"). That is, the "great unwashed" - those who leave school, sign on, and are quite content to eat Pringles all day while watching TV. Completely unmotivated because it's so easy to collect welfare.
And those complaining about immigrants... well, now our lazy nationals will have to get up off the sofa and fight those immigrants for jobs. And it's about time they did.
Labour turned the UK into a nation of couch potatoes. Cameron is trying to fix this mess.
And all many of you see is an elitist Oxford boy "taking from the little man". Please.
In a major speech, the Prime Minister will indicate that out-of-work families will not qualify for extra benefits if they have more children and that young unemployed people may be forced to live at home under plans to cut the welfare bill by another £10 billion.
He will say that unemployment benefit may be “time-limited” and the £26,000 cap on welfare handouts for each household may be further reduced. Universal benefits for pensioners such as the winter fuel allowance and television licence will be protected, he will say, despite pressure from Liberal Democrats and Iain Duncan Smith, the Work and Pensions secretary, for them to be means-tested.
In the speech he will say: “We need to think harder about who receives working-age welfare. If it is a real safety net, then clearly it’s principally for people who have no other means of support, or who have fallen on hard times. But there are many receiving today who do not necessarily fall into these camps.