Monday, 27 February 2012

Slimy Ken Livingstone Gives Taxman the Slip

Red Ken, notorious ex-Mayor of London and Labour candidate to take the job back from Boris Johnson, is fond of denouncing Tory tax cuts.
He refers to "rich bastards" who avoid tax and snatch pennies from the bleeding mouths of the poor. Yet all the time it seems that Red Ken is a master of the art of avoiding tax himself. He earns hundreds of thousands of pounds for speeches and personal appearances, then gets it paid into a company rather than to his own bank account. Guess who the two shareholders of the company are? Ken and his wife. Doing it this way means they only have to pay the minimum rate of tax, instead of the 40% higher rate of personal income tax.
Mr Livingstone has pocketed £50,000 that would have gone in tax if he had paid the full rate.
http://www.telegraph.co.uk/news/politics/london-mayor-election/9105977/Ken-Livingstone-uses-loophole-to-save-50000-in-tax.html

There really is no end to socialist hypocrisy. When the Thatcher government reduced the top rate of tax from 85% to 60% there was an outcry of Labour faithful saying this was insufferable greed on the part of the bosses and rich. YET NOW IT SEEMS THAT EVEN 40% IS TOO MUCH TAX FOR RED KEN TO PAY.
The socialist attitude is always that tax is a good thing in itself - never mind how the money is spent, never mind if it is wasted, never mind if a company shuts because it is not profitable, "tax the rich bastards" is always their motto at least in public. When they are the rich bastards their attitude to tax changes significantly.
"Don't do as I do, do as I say" is Ken's way of looking at it. He doesn't give a damn about working people who have to pay tax even when they are earning £8,000 p.a.
Red Ken is not the only two-faced Labourite - Tony Blair avoids paying millions of pounds in tax by very similar methods, getting all his immense earnings from smirking in public paid into a series of companies. He is rumoured to have settled vast trust funds on each of his children, but of course I don't know about that and couldn't possibly comment.
Voters in London should think twice before letting Red Ken and his team of looney lefties, minority militants and Muslim ranters get their foothold back in the administration of London again.
There is only one party that has long advocated raising the threshold so that people can earn £11,000 per year without paying tax. THAT IS UKIP.
Let's hope the people of London have got the good sense to vote for UKIP candidate Lawrence Webb as their new Mayor.
See http://www.mayorwatch.co.uk/interview-lawrence-webb-ukip-mayoral-candidate/201219124
.
.
.
.
.
.
.

No comments:

Post a Comment