Avoidance
Ordinary people have little to no opportunity of evading the taxman. We are obliged to pay our dues. In any case, paying one's required taxes is surely part and parcel of being an honest citizen. Those roads, that hospital, those schools, that air force, those services - they all cost money and it is surely only right that we should each pay our fair share. However, this kind of egalitarian thinking seems to be an anathema to a lot of seriously wealthy people. They appear to believe that it is their God-given right to bend the tax rules, to evade, to dodge, to sequester, to utilise tax havens. They walk a narrow line between lawfulness and illegality - often employing fancy lawyers and consultants to exploit loopholes. It is an unpleasant kind of social irresponsibility though some might simply call it selfishness or greed. Thank heavens not all wealthy people conduct their financial affairs in this reprehensible manner. Britain's Chancellor of the Exchequer is a fellow cal...