Jimmy Carr must be livid.
David Cameron criticised the comedian sternly when Mr Carr’s tax affairs hit the headlines.
It has now emerged that not only had the Conservative leader been a participant in a similar scheme, but he had only cashed in his interest in it only a couple of years before he chose to pontificate on tax avoidance being “morally wrong”.
This would be the kind of tax avoidance that Cameron now admits provided him a nice dividend for 13 years, along with a profit of £19,003 – more than their original value – when he cashed in his stake in Blairmore for £31,500 in January 2010.
… If he can be believed about that.
And let’s not forget he inherited £300,000 of daddy’s cash after Cameron Sr departed this world, only a few months after those Blairmore shares were sold.
His claims about Blairmore are dubious in the extreme. Cameron reckons it was set up as a unit trust “after exchange controls went so that people who wanted to invest in dollar denominated shares and companies could do so”.
In that case, why did his father choose to base Blairmore in a tax haven, and why is Blairmore so integral a part of the biggest tax avoidance scandal any of us have known?
He’s asking us to believe too much.
There are more questions to be answered. Don’t think for one moment that we’ve got to the bottom of David Cameron’s dalliance with tax avoidance!
But even this tiny morsel provides us more food for thought.
Clearly David Cameron thinks it is perfectly acceptable to do something that is “morally wrong” in secret and then denounce it when other people are accused.
It is also clear that he spent the last few days hoping to escape this scandal without revealing even tax avoidance to the extent we learned today. He wanted to mislead us into believing he had nothing to do with any scheme so “morally wrong”.
His comments about his father display, at best, an appalling lapse of judgement and, at worst, shocking hypocrisy. How else can he be “proud” of his father, the business he established and “all the rest of it”, having told us all that Mr Carr was “morally wrong” to be involved in “dodgy tax-avoiding schemes” that were “not fair on hard-working people who do the right thing”?
It seems unlikely that Mr Cameron knows what “hard-working people who do the right thing” are.
And it is clear that he’s hoping we will leave him alone now.
We must not. It would be morally wrong.
And you know what else would be morally wrong?
Allowing David Cameron the tax-avoiding, lying hypocrite to remain prime minister would be morally wrong too!
David Cameron has admitted he profited from his late father’s offshore investment fund, which was revealed in the Panama Papers as having avoided paying tax in the UK.
The prime minister sold his stake in the Blairmore fund for more than £30,000 just four months before entering Downing Street.
Speaking after almost a week of refusing to comment on the leak but issuing four statements, Cameron said he and his wife, Samantha, held 5,000 units in the Blairmore Investment Trust from 1997 to January 2010.
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