British tax dodgers will soon find a way round the Chancellor's latest attempt at a clamp-down. Like this, perhaps There is no limit to people's ingenuity.
Living in Monte Carlo would not be my cup of tea, but people are mobile. If governments try to tax them, they will dodge. Land, on the other hand, is fixed and cannot be removed to a tax haven or hidden. If governments base their revenue-raising on land holding, then they will not lose their revenue through tax avoidance.
If you see this and have the Chancellor's ear, could you remind him, please?
I wrote to my MP on two entirely separate issues recently. The first was to do with the replacement for the Inter City 125 train, which at £2.6 million per vehicle, is twice as expensive as it ought to be. The second concerned the benefits of a switch from business rate and Council Tax to a tax based on site values. In both cases, the replies were full of spurious, unsubstantiated assertions and completely flawed arguments. This is typical. You will not get an iota of sense from the government on any area of public policy at all - finance, economics, trade and employment, agriculture, housing, health, transport, energy. All junk. If you write to your MP you will invariably receive answers that are an insult to your intelligence, no matter what subject you are writing about. Of course they cannot understand statistics. They are innumerate. Whitehall is staffed with idiots with a high IQ. Look at their IT projects. And mind your purse, they will have that too.
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