It’s reform not thievery we want

It’s fairly typical of the mentality of the Lib Dem’s that they choose to target a certain group whilst accusing them of doing something perfectly legal, something which the government via its convoluted robbery with menaces tax collection system encourages.

BBC.

Individuals with assets of more than £1m face a new crackdown on tax avoidance, Lib Dem Treasury Chief Secretary Danny Alexander has revealed.
The number of people working in the Affluence Unit (AU) of HM Revenue and Customs is to increase from 200 to 300, to cope with the additional workload.
Previously, the unit only scrutinised the tax affairs of people with assets and property of more than £2.5m.
Mr Alexander told the Mail on Sunday the wealthiest “should pay more”.
Lib Dem leader Nick Clegg said at his party’s conference on Saturday that the party wanted more tax on unearned wealth.

First off this is the same Danny Alexander who conned the Treasury out of over £100,000 by flipping his home back during the expenses scandal.

Second, avoidance is not illegal, it’s pretty much a civic duty if you can manage it the Lib Dem’s as ever forgetting just whose money it actually is.

Our tax system has evolved to a certain extent by allowing loopholes in it to encourage investment in certain areas, it was known as tax breaks, there are other bits and bobs too covering necessary expenses including laundry costs. All in all though it’s a bit of a dogs dinner and certain specialists at the high end of the market will for a price advise their clients as to the best way to set up their finances so they pay the absolute minimum of taxation, the savings made more than covering the cost of hiring an accountant. Often enough it’s the accountants who know the system better than government ministers or even the treasury itself and one of the loopholes they’ve exploited is the offshore business account which only pays a fraction of the taxes a mainland based account would.

It’s all perfectly legal and the requisite taxes are being paid yet the Lib Dem’s are determined to go after anyone doing a legal activity rather than amending the system itself. They’re especially targeting unearned wealth as in inherited wealth such as those living in houses that they got from deceased relatives, though what business it is of theirs who owns what is beyond me.

The thing is, percentage-wise the wealthiest do pay more, even if they are exploiting the system, what the Lib Dem’s appear to want is for them to pay more than their fair share, or rather more than the system allows and instead of reforming the system they’re choosing the path of punitary one off raids.

It’s just another offshoot of the politics of envy which we’ve come to see embodies the thinking of those on the left of the political spectrum with regard to anyone having more money than they do.

Again and again we see those in power targeting those who are not breaking the law rather than reducing the size of the state and reforming the tax system itself to be more fair with regard to some form of flat rate or land value tax covering everything rather than the complex system of personal, corporate and value added mess we have today.

Though perhaps first we ought to be rid of the den of thieves that keep being elected year after year…

10 comments for “It’s reform not thievery we want

  1. ivan
    September 23, 2012 at 11:59 am

    The increase in numbers of any public sector department is the main reason the country is in the mess it is.

    Rather than increasing numbers they should be cutting them by 66% and the gold plated pensions as well, then maybe they would be able to reduce taxes and leave the population with money to spend, or save, as they like.

    • September 23, 2012 at 12:14 pm

      I agree – it’s not so much a problem of unearned wealth as unearned income in the public sector.

  2. Derek
    September 23, 2012 at 12:42 pm

    So called unearned wealth is often the result of investing in industry in this country. If you tax private capital out of the system, (as many socialists want) you will not have the high risk investment in new companies that the country needs. This simple truth is well beyond the comprehension of the poor old mentally challenged Lib Dems.

  3. September 23, 2012 at 1:14 pm

    Time and again they are showing and proving that they no longer have a right to use the word Liberal in their party name.

    They are social democrats, plain and simple, with some such as Cable and Alexander going so far as to show they are communist light, taking us on the road to the integrated EUSSR.

    Again and again we see politicians speaking and acting as if all the nations wealth belongs to them, not those who create or save it.

    The question for conference should not be how much tax should people pay, but turn it around and ask, for every pound I earn, how much should I be allowed to keep.

    Then you will see their belief system exposed in the raw.

  4. Single Acts of Tyranny
    September 23, 2012 at 4:20 pm

    Presumably they are looking for thieves to promote to the cabinet as that seems to be the Lib-Dem way.

  5. Bunny
    September 23, 2012 at 5:04 pm

    Unearned wealth? Some bloke went out to work to pay the mortgage on the house, the recipient probably contributed in some way. Just because a property is bequeathed to someone it is in no way unearned wealth.

    • Single Acts of Tyranny
      September 23, 2012 at 5:58 pm

      Indeed. Lib-Dem logic being; your dad earned the money and bought the house fair and square but, he didn’t leave it to us, but never mind, there’s always the tax system.

  6. Brian, follower of Deornoth
    September 23, 2012 at 7:44 pm

    How much did that filth Laws embezzle?

  7. Greg Tingey
    September 23, 2012 at 8:33 pm

    As an ex-Liberal (Democrat) party member, I’m sickened.
    I let my membership lapse, after they had made so much of education in their manifestoes, only to discover that a local councillor was not only an arrogant bully, but functionally illiterate, with it.
    Um.

    In other words, they are identical to the tories & NuLieBour ….

  8. September 24, 2012 at 9:48 am

    What they are doing is positioning themselves for a second term but with the Labour party, implementing a command economy.

    They are betting that the Labour vote – despite the in-built advantage the LDs have protected for them by wrecking the boundary changes – will stiffen up but not enough to give them a majority. The LDs will then attempt to save themselves by reversing hard in to Labour after a century in the wilderness, re-colonizing the party they always regarded as wayward ungrateful children.

    Weakened by the rigged boundaries, their own stupidity in cutting up their core vote, and their own nauseating cadre of posh boys who think they know best and would rather be part of a European permanent elite than work to make this country free and decent, the Tories will enjoy being in opposition. All of the money, none of the responsibility. They’ll do a splendid token job. Anybody who attempts to do more than that – they are looking at you, Gove – will be surreptitiously thwarted. Look what happened to David Davis and James Paice.

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