Here’s another example of the OBR shrugging its shoulders at coalition policy.
© The Financial Times Ltd 2015 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
It was worth listening to Today this morning if only to hear Lord Ashdown under siege over the issue of Sir Philip Green and his tax status. The Lib Dem peer was asked about how the government could seriously talk about battling tax avoidance given the recent hiring of the retail tycoon as an efficiency czar: As the interviewer asked:
“If this government was really serious about tax avoidance it would not have employed, would it, Sir Philip Green, who is also accused of avoiding taxes, perfectly legally…but there he is, advising the government on waste. If the Lib Dems really had power in this government he wouldn’t be there would he?”
Ashdown said he would not criticise the appointment. He then rattled off a list of the many changes achieved by the coalition (pupil premium, tax breaks for low-income families, etc). It was as if he didn’t want to discuss the tycoon at all.
But the Lib Dems do seem to be facing both ways on the issue of tax at the moment. Yesterday Danny Alexander announced a new £900m to spend on tackling the issue. But how does this square with hiring Sir Philip? Read more
|About this blog||Feedback||Commenting|