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Friday, April 05, 2013

The Real Artfull Dodgers

In an effort to balance their books the British owning class have had their subservient government slash all sorts of welfare benefits. Putting limits on government employees wages and introducing the bedroom tax are just a couple of the measures they have dreamt up. There is one benefit recipient they seem unable to deal with though - the tax-dodging rich. Millions of internal records have leaked from Britain's offshore financial industry, exposing for the first time the identities of thousands of holders of anonymous wealth from around the world. 'The leak of 2m emails and other documents, mainly from the offshore haven of the British Virgin Islands (BVI), has the potential to cause a seismic shock worldwide to the booming offshore trade, with a former chief economist at McKinsey estimating that wealthy individuals may have as much as $32tn (£21tn) stashed in overseas havens.' (Guardian, 3 April) We don't suppose these millionaires have to worry too much about trivialities like bedroom tax. RD

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