I refer to the revelation of a legal tax loophole which allows multi-millionaires to either avoid paying income tax at all, or paying just two and a half per cent of their declared income, rather than the 40% which the less well-off are required to pay. As more than half of the Conservative front bench (including David Cameron), is comprised of extremely rich people, there is a high probability that many, if not all of them will be availing themselves of this legal loophole. When asked about it, Cameron said it was deeply immoral and it should be stopped; but, (and I paraphrase), We must take our time to consider the problem and proceed very slowly and carefully No suggestion of a speedy resolution here! So, by forcing the parliamentary route rather than the judicial one on the Libor disgrace, thus almost certainly guaranteeing that much of the financial terrorism in the City will be glossed over: and by virtually ignoring the loophole allowing the wealthy to keep almost all of their money, whilst robbing the poor to cover the costs for the plundering of our finances, multi-millionaire David Cameron is proving himself to be a first-class Prime Minister - providing you are very rich or a city sharpshooter.
As for the rest of us? Well, millions unemployed and over a million children going to school hungry because their parents cannot afford to give them more than one meal a day, says it all. David Lee, Palma