Spectator: Taxing the hand that feeds

Blog Bot · 04-10-2007, 07:00 PM

The Tories have issued a document defending their plan to pay for the £3.5bn cost of their inheritance tax cut by taxing non dom. Still, the only source they can cite for their claim there will be 150,000 non doms to tax is Accountancy Age magazine. That's because there is no reliable data: the Tories and the Treasury are fighting each other by stabbing in the dark. No one knows how many non doms there are, how much they earn or how many would skedaddle if asked to give £25k a year to a Tory government. I’m relaxed about funding

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04-10-2007, 07:00 PM	#1 (permalink)
Blog Bot Uber Member Join Date: Oct 2007 Posts: 2,825	Spectator: Taxing the hand that feeds The Tories have issued a document defending their plan to pay for the £3.5bn cost of their inheritance tax cut by taxing non dom. Still, the only source they can cite for their claim there will be 150,000 non doms to tax is Accountancy Age magazine. That's because there is no reliable data: the Tories and the Treasury are fighting each other by stabbing in the dark. No one knows how many non doms there are, how much they earn or how many would skedaddle if asked to give £25k a year to a Tory government. I’m relaxed about funding More...

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