The Lefty press are tripping over themselves to reveal all the Tory companies who are doing tax avoidance. Big Whoop. Tax avoidance is legal, tell us something we don’t know. It’s all a massive smoke screen.The worst crime in politics is preaching about something while doing it yourself. Ken Livingstone made his reputation bashing bankers and was then revealed to be using a legal tax haven. It didn’t do a lot for his reputation, and he lost the election.
Ed Miliband was launching a full-on, red blooded attack on tax avoidance. Legal or not, he squeaked piously, this is an evil practice! Open your books or face international sanctions. What a hero!
It was then discovered that Ed has been taking donations from Price Waterhouse, who gives advice on tax avoidance on an industrial scale.
Ed’s credibility is in tatters and the moral high ground has been whipped from under him. It appears he needs to put himself on his own blacklist. He is demanding that companies open their books, but oddly, he will not present his own tax returns. He viciously attacked IDS for saying the truth, that he himself appears to have indulged in tax avoidance.
Make no mistake, Ed Miliband is up to his neck in major trouble. He is in freefall. Of all the political sins, hypocrisy is the worst, said Dan Hodges accurately Let’s see Ed can get away with refusing to show his tax returns indefinitely. It’s going to take a lot more than the Labour smoke screen of listing all the Tories and Tory companies who have done legal tax avoidance to get him out of this one.