Monday 6 November 2017

Bearded-face lie by Corbyn

If someone with lots of money puts cash into an off-shore tax haven, that doesn’t create a tax deficit, which other people will have to fill – as the prime-minister-in-waiting would have us believe. If it is done legally, there is no impact on the government’s income as the Treasury has no expectation of receiving income from the money and, therefore, no deficit is created.

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