FatSuperman
Well-known member
- Feb 25, 2016
- 2,922
Taking the individual out of it
'Entirely legal' is rarely the case. Its just what gets said a lot. These types of schemes are operating in a deliberately created grey area and can only be declared 'entirely legal' if and when they have been tested in court. Not sure if this one has.
The tax code is deliberately complex and can be interpreted in different ways. Strangely the richer you are the easier it is to hire people to interpret it to your advantage. So while the tax code is surely flawed, there is still a big element of individual responsibility as to how you choose to use it, when you are rich enough to have the choice.
Despite being a PAYE pleb, I am vehemently against the position many people take on this, this morality about tax reduction is ridiculous.
The government are very keen to make this sort of thing seem an 'ethical choice' issue... Lewis Hamilton (and other non-black people that don't seem to get mentioned) have chosen to avoid tax (using perfectly legal loopholes that thousands of others use). But it is in fact the government's duty to provide an unambiguous solution. If the tax code is complex, it is the people responsible for it want it that way. And it's bloody obvious why that would be.
It's the same with the COVID response. The narrative is all about the individuals not doing the right thing - they are choosing to risk us. When it's really the response that is lacking.