Greedy for money |
Yes, naturally, both Tories and New Labour said the non-doms rules benefited the country - incentivising them to spend extremely large amounts of hard-earned cash on houses, servants, cleaners, Rolls Royces, millionaire meals, etc. Watch the wealth trickle down. OK, sure, Ed Miliband has talked fairly passionately about cracking down on tax havens abroad (Cayman Islands, Bermuda, British Virgin Islands, etc). There is no particular reason to doubt his sincerity, especially given that he is more reliant on union funds than either Tony Blair or Gordon Brown. But the main point is that Britain itself has become one vast tax haven, where the wealthy, rich and well-connected get to enjoy an obscenely privileged existence. One law for the rich, another law for us. Even more crucially, both the Tories and New Labour shamelessly sold their souls - assuming they ever possessed such a thing in the first place - to multi-millionaires and newspaper proprietors.
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