the deficit

4194 days ago

Slashing the Deficit by “cutting tax evasion” – The sums do not add up

A decent man asks me why I do not focus on cutting tax evasion to slash the deficit and save the UK from bankruptcy? Fair point. But I am afraid that the sums do not add up. If only life was that simple. Deluded lefties often confuse tax evasion with tax minimization and that is the problem. The former means breaking the law. It is wrong. The latter means using the system to your maximum advantage in order to pay as little tax as possible and it is neither illegal nor wrong. Why should you pay more tax than you should on money you earn?

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