Saturday 6 April 2013

The rich and famous are braced for more revelations

Next week the Guardian and Le Monde will reveal more names of tax dodgers. Already the information is shaking the French government where top Socialists who have been inveighing against tax evasion have been caught with off shore bank accounts. Hypocrisy is specially hateful. Paying your fair whack towards the state's cost is a Christian as well as a social duty. However, sensible societies do not demand so much of a person's income that he sees no point in working. Get much above 40% and you begin to stifle enterprise and reduce the tax take. Evasion is never justified but governments that overdo their demands can't be surprised if people up sticks and move elsewhere. Hence 200,000 French people in England!

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