Quote Originally Posted by Barry Dragon View Post
Not sure why this gets much attention. His father created a vehicle to invest in USD stock, not an illegal tax avoidance scheme.

There are so many more newsworthy stories where things are very wrong. This is not one of them. Seems to me to be a distraction technique by the press that are owned by people who are doing dodgy tax deals. Don't get distracted from the real story.
Quote Originally Posted by Barry Dragon View Post
But surely the story SHOULD be about the mega rich avoiding tax NOW, not someone dad who died 5 years ago. You are all being subject to the press avoiding the real story, and you are all falling for it. The focus should be on these schemes and the people using them now.

Its the press playing the public for suckers and avoiding the real story. The important story of getting these people to actually pay their tax in a fair way. Dont get distracted by the press, the ones who are part of this problem. Focus on the problem now.
Quote Originally Posted by Barry Dragon View Post
As far I can can extract from whats out there. He held shares in a scheme his father setup. He paid tax on the dividends he received from the company, and when he disposed of the shares the capital gain (split between the 2 of them) was below the capital gains tax threshold so no tax was payable. So he has not directly avoided any tax.

Its as good as a non story. Especially compared to the levels of dodgy tax avoidance uncovered. Its purely an anti tory rhetoric. Completely avoiding the real story.
Quote Originally Posted by Barry Dragon View Post
For me there is a bigger story, one being covered up by this story. Thousands of rich , much richer than cameron, using these schemes themselves. That is what needs covering. Yes cameron has dug himself a whole with his response, but the problem is much bigger much more important than him holding some shares. Would he get the same attention if he held shares in google, tesco, or apple?

Its a distraction technique played out by the people guilty of far worse. Focus on the real problem, not something that flatters your hatred of the tories.
​Wow, it looks like you have a few theories of your own going on there, if I said the same sort of things it would be complete loonacy according to you, hypocrite.