Tuesday 28 February 2012

Banks And Tax

We hear today of naughty bankers (are they ever anything else?) who have tried to avoid £500 million in tax. Naturally, bankers are fair political game, no-one ever came to any harm having a go at bankers. And £500 million is a lot of money.

But why the outrage? Why the headlines? When the head of the HMRC dines at expensive restaurants with large corporates and then has meetings at which Vodaphone are let off £4 billion in tax and it doesn't make headlines, you have to wonder. Yes, Four, billion, pounds. Oh and he was quite generous to Goldman Sachs too, but that too seems to have slipped past.

Funny what the papers think outrageous these days, knowing they set the 'outrage agenda'. Is it coincidence that newspapers are so strangely biased at a time in their history when they don't really do journalism any more? So much easier to just write what ever you are told. And politicians won't talk to you again if you are beastly about them.

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