3 ms·
David Cameron's position is tenuous on this hypocrisy. The OP downplays it, the Cameron family fortunes derive from a major tax avoidance scheme for the wealth
by deepnet 11y ago
David Cameron's position is tenuous on this hypocrisy.
The OP downplays it, the Cameron family fortunes derive from a major tax avoidance scheme for the wealthy.
Ian Cameron's Blairmore Holdings partnered with Panama's Mossack Fonesca for 30 years - to legally hide monies for the wealthy.
His family, allegedly, may still run / profit from this major tax avoidance scheme for the wealthy - now based in Ireland, home of the 'Dutch Irish Sandwich' tax avoidance scheme Cameron attacked Google & Facebook for using. *
It is not impossible that Cameron may yet inherit it, ( he has declared inheriting £300,000 from his fathers estate ) yet lambasts others for tax avoidance.
He has so far refused to answer questions about 'family business'.
He is planning legislation to curtail tax avoidance - which is legal.
Potentially a conflict of interest.
The Panama leaks suggest that the Blairmore board may have met in the UK which would make this illegal tax evasion. *
* http://www.theguardian.com/news/2016/apr/04/panama-papers-david-cameron-father-tax-bahamas http://www.theguardian.com/news/2016/apr/04/panama-papers-da...
Meanwhile George Osbourne, UK chancellor of the exchequer, (who taxes the nation) refuses to answer whether he has benefitied from offshore tax avoidance - terminating interviews.
http://www.bbc.co.uk/news/uk-politics-35980409 http://www.bbc.co.uk/news/uk-politics-35980409