Tuesday, 11 December 2012
Margaret Hodge’s hypocrisy.
Congratulations to Hodgy-Wodgy, the Labour Member of Parliament, for the sharp rap over the knuckels she recently gave Starbucks and other wicked multinationals for their entirely legal tax avoidance efforts.
But there is just one fly in the ointment: Margaret Hodge herself is one of the country’s leading tax avoiders. The corporation in which she has a holding worth several million paid 0.25% tax on its profits in the UK.
Plus she is making strenuous efforts to ensure her children pay the minimum possible inheritance tax on the several million she will leave them. See here, here and here.