Did George Osborne lie in 2012 about his earnings and getting a tax cut?


Remember this? It’s from January this year.

This Writer doesn’t believe a word of it – and I don’t think anybody else should, either.

There is no reason for George Osborne ever to have been unclear in his explanations of his own tax returns.

He has chosen to be.

Therefore, we must conclude that he has something to hide.

The amount of evidence is building up to an impossible level.

I think we need an independent public inquiry into MPs’ earnings – not their tax returns, but the amounts they have pocketed overall.

George Osborne may have lied about his earnings in 2012 when he claimed his earnings were less than the threshold for the top rate of tax of £150,000.

The question has arisen after Osborne revealed a summary of his earnings for the last financial year – showing his total taxable income reached £198,738 over 2014/15.

But Osborne hasn’t released information on previous years, and that’s where questions have arisen.

In an interview in 2012, when asked if he would benefit from a cut in the top rate of tax, Osborne claimed his earnings did not reach £120,000. That was the year Ed Miliband challenged cabinet members to raise their hands if they would personally benefit from cutting the 50p tax rate.

Osborne told BBC Radio 4:

I’m not a winner from this Budget. My salary is less than (the) £150,000 threshold… I’m not personally affected.

Asked if he was a 50p tax rate payer, he added: “I’m not actually, no.

Assuming he earned no dividends income that year, Osborne was still likely getting an income from renting out his London home, which would take him above £150,000.

But a Treasury source told the Daily Mirror last night that the Chancellor was talking about the previous tax year, even though he sounded like talking in the present tense.

The Chancellor and his office were absolutely clear about his status as a taxpayer, and that he was talking about the previous tax year.

Everyone can see every detail of his earnings today because of the unprecedented transparency he has now offered – the first Chancellor ever to do so.

But Osborne has only released his summary from last year, not since he was Chancellor.

Source: Did George Osborne lie in 2012 about his earnings and getting a tax cut? | Political Scrapbook

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5 thoughts on “Did George Osborne lie in 2012 about his earnings and getting a tax cut?

  1. Pete B

    Its funny this lot are always quoting “Hard Working Taxpayers,”when they themselves avoid paying Tax.I doubt the hard working bit also.The only place this lot will get blister’s is on their pampered bottoms through sitting on them all day.

  2. Terry Davies

    hes probably the most deceitful MP who had the responsibility for the UK economy.
    Osborne is undoubtedly in that post because he is s yes man to Cameron and senior tories. hes a scrounger who has made policies to benefit himself and cronies. noticeably his performsnce as an MP before he started as chancellor is surely significant. Did he pay his due tax and have offshore shares???
    has he been exploiting tax loopholes he created as chancellor, did he create them for cronies? did these cronies fund the tory party are these cronies receiving tax payers money legally, but using it to fund the tory party illegally.
    These are sample questions which need answers from the tory party MPs with necessary evidence produced.
    this will indicate if a tory MP with integrity sits in Parliament or the Parliamentary seat of government should continue to be the gravy train for which it is currently and unacceptably renowned.

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