Cameron in the kacky?

[SLUDGE FACTORY]

I'll take your word for it

I knew we would find some common ground

You are know known as a liberal , I would name one but they have all vanished

[Feedback]

FYP as you glossed over a fairly important part of the situation but anyway. Let's take Cameron out of it and just talk about the British PM and the rest of the Cabinet as figures rather than people or their party.

Do you think, because of the position of influence they're in, that their own finances should be open to some scrutiny? My view is that the UK is lucky that the press is allowed to investigate and publish potential conflicts of interest. If they turn a blind eye in this case and others, then what incentive is there for the government to govern in the best interests of the country and not just themselves?

And does the amount matter? If it's only about 30 grand, peanuts for the big corporations, then does that make it ok? To me, I don't think it does.


EDIT: In short, there are some very corrupt governments out there and I don't think the UK is one of them. This type of press investigation is what keeps it (relatively) clean.

You say it was a tax avoidance scheme as if that was the intended purpose, but I'd been sent this today and it seems to paint a different picture

https://www.politicshome.com/news/uk...nd-was-not-tax

For those that like their research will find that a lot of these unit trusts were based in jurisdictions and were done so for proper business reasons, whatever that means. The article suggests the FT is a good place to start and that is where I had a look. From what I've read here the issue around Blairmore is the fact its beneficial owner was shrouded in secrecy, a bit like Langstone, but that doesn't mean that Blairmore avoided paying any taxes that were properly due in the UK.

If our PM came clean at the outset this would have already run its course. Because Cameron circumvented the issue and initially spoke with a forked tongue, trust has disappeared so where there might be nothing underhand in all of this, his previous behaviour now creates an impression that may be too hard to shake off and thus damage his political reputation.

[Barry Dragon]

You clearly speak for yourself mate , if I became rich most of it would go to charity for the homeless and mentally ill

Not everyone is greedy once they get some dosh

I dont speak for myself. I am not ignorant enough to claim what I would do if I had loads of money.

And your right plenty of rich people donate to charity.... to avoid paying tax. Its a common tax avoidance measure. Dont trust those that donate loads to money, they are normally doing it to make themselves feel better for other dodgy practices.

[GRUMPYS DEN]

No sharp cookie mr Rees mogg, sharp cookie

Whose he?
Why don't you get back to work now and let me go through my offshore portfolio-I'm bantered out for now Josef.

[SLUDGE FACTORY]

Your mixing it up. Tax avoidance is LEGAL, tax evasion is illegal. Where is the line separating the 2, well that depends on how clever your accountant is. You have mixed up legal procedures (as the rules stand) and some illegal practices.

He did pay tax on the funds made from the wealth from the trust, he paid dividend tax.

Putting funds abroad and growing them is legal. Hiding the money abroad is illegal. The trust his dad setup is 100% legal, not moral, but legal. Another case that was on the panama program where a guy who made money through property investments by putting it through a nameless company is apparently legal too, but barely, and could be investigated to be illegal evasion of tax.

Tax avoidance measures can be as simple as using the marriage allowance, its legal. But there is no clear line between whats legal and whats illegal, that can be made to look legal. Thats what needs attention.

Yeah and guess which prime minister said he was going to sort it out ?

I will give you a clue .....his name is David Cameron .....who was as guilty as anyone of playing around the blurred lines

[SLUDGE FACTORY]

Whose he?
Why don't you get back to work now and let me go through my offshore portfolio-I'm bantered out for now Josef.

Jacob Rees mogg

Until next time

The right hon j. Stalin

X

[jon1959]

Ooops, its not going away ... Cameron really under the cosh now.

I'm sure the lines of 'right and wrong' are a little blurred, but nevertheless the guy has found himself in a situation where he now reeks of hypocrisy, and also appears to have been avoiding telling the full truth. Not good for a PM...

I bet he wishes everyone just went back to talking about him with his todger that pigs head again ..

Will be interesting to see how/if he gets out of this one.
And terrifying as to what might follow if he doesn't. Frying pan .. fire.
Lucky ol' Britain ..

One of the unusual things about this story is the way the Tory press are giving Cameron a shoeing. All about Brexit innit.

He must be reeling after a decade of fawning press support. Getting a small taste of what Milliband, Corbyn etc have to put up with.

[GRUMPYS DEN]

Jacob Rees mogg

Until next time

The right hon j. Stalin

X

I'll send you a card from the BVI.

[Colonel Cærdiffi]

Ooops, its not going away ... Cameron really under the cosh now.

I'm sure the lines of 'right and wrong' are a little blurred, but nevertheless the guy has found himself in a situation where he now reeks of hypocrisy, and also appears to have been avoiding telling the full truth. Not good for a PM...

I bet he wishes everyone just went back to talking about him with his todger that pigs head again ..

Will be interesting to see how/if he gets out of this one.
And terrifying as to what might follow if he doesn't. Frying pan .. fire.
Lucky ol' Britain ..

I'd love to know what Cameron had to do to get that story to go away. Clearly he had made an enemy of someone he shouldn't have. There was talk of releasing a picture of the incident at one point, but now it's all quietly gone away.

[Elwood Blues]

I'd love to know what Cameron had to do to get that story to go away. Clearly he had made an enemy of someone he shouldn't have. There was talk of releasing a picture of the incident at one point, but now it's all quietly gone away.

Perhaps the fact that was probably a load of junk helped!!

[City123]

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.

If it wasn't set up to avoid tax, why set it up in a tax haven?

[jeepster]

I'd love to know what Cameron had to do to get that story to go away. Clearly he had made an enemy of someone he shouldn't have. There was talk of releasing a picture of the incident at one point, but now it's all quietly gone away.

The pig made a complaint.

[SLUDGE FACTORY]

Perhaps the fact that was probably a load of junk helped!!

Christ its Maggie rushing in to defend the pig stuffer , what a surprise

Be very afraid of pip by the way , I did say pip not pig elwood

[Elwood Blues]

Christ its Maggie rushing in to defend the pig stuffer , what a surprise

Be very afraid of pip by the way , I did say pip not pig elwood

Oh dear God I was not defending him.

Calling me Maggie was a bit pathetic my politics are not hers.

[GRUMPYS DEN]

Oh dear God I was not defending him.

Calling me Maggie was a bit pathetic my politics are not hers.

If you disagree with Sludge by his definition that makes you a Maggie or a Norman lol.Humour him!!Nice enough so they say.

[the other bob wilson]

On a purely party political level, I've enjoyed seeing the Conservative Party squirm since Monday, but I can't help thinking that a lot of what she says in this piece

http://www.theguardian.com/commentis...over-up-labour

is true.

[Croesy Blue]

I dont speak for myself. I am not ignorant enough to claim what I would do if I had loads of money.

And your right plenty of rich people donate to charity.... to avoid paying tax. Its a common tax avoidance measure. Dont trust those that donate loads to money, they are normally doing it to make themselves feel better for other dodgy practices.

I'm shocked so many people know all the intrinsic details of uk tax law but not the difference between 'your' and 'you're'

[SLUDGE FACTORY]

Oh dear God I was not defending him.

Calling me Maggie was a bit pathetic my politics are not hers.

You vote Tory

Watch out for pip

[SLUDGE FACTORY]

If you disagree with Sludge by his definition that makes you a Maggie or a Norman lol.Humour him!!Nice enough so they say.

A Tory is a Tory , never trust a Tory , ever

[surge]

And who thinks it's just a) Cameron who has been hypocritical on this or b) profiteering off a scheme which would and should be described as "morally wrong"?

Getting Cameron to resign will not be the same as getting those in Westminster to treat this as a serious issue when it's a serious possibility that they and so many of their friends are doing exactly the same thing. We can stop those tax havens under UK sovereignty though and demand a greater transparency as we were the ones who prevented it.

[Elwood Blues]

You vote Tory

Watch out for pip

Yes I am worried about PIP.

But which party breached the dyke by changing Incapacity Benefit into ESA and bringing in the whole concept of interviewing virtually all recipients and all the angst that has caused.

If Labour hadn't done that I reckon the coalition would have found it much harder to convert DLA to PIP.

[gnasher]

Anyone on here know Croesyblue's thoughts on the Cameron scandle?



If so please keep them to yourself.

[ZZ Jack]

Prime minister admits to cashing in some shares and paying all taxes due. He also admits to having no offshore investments. Shame on him!

But it's good fun watching him squirm.

[Vimana.]

Well .. yesterday he seemed to be in a very tight corner.

Today he has said ' hey .. these poor responses of mine and the other stuff, y'know being a hypocrite and stuff - well ...umm...err blame ...me! '

And that seems to have alleviated that spot of bother.

[jeepster]

Well .. yesterday he seemed to be in a very tight corner.

Today he has said ' hey .. these poor responses of mine and the other stuff, y'know being a hypocrite and stuff - well ...umm...err blame ...me! '

And that seems to have alleviated that spot of bother.

Once a wanker