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Posts Tagged ‘Vince Cable’

The Secretary of the Treasury, Tim Geithner, is infamous for conveniently forgetting to pay tax on $80,000 of income and then getting kid-glove treatment from the IRS when his crime was uncovered.

Not only did Geithner avoid even a slap on the wrist, he was confirmed to head the department that includes the IRS. So you can understand why a clever person came up with this t-shirt mocking the Treasury Secretary.

But it appears that Geithner’s elitist disdain for the law is shared by high-level left-wing political figures in other nations. Here’s a very similar story from the United Kingdom, where a cabinet official got caught for not complying with the value-added tax.

Here are some excerpts from the UK-based Independent.

Mr Cable was hit with a £500 penalty from HM Revenue and Customs (HMRC) after the blunder over a VAT bill of up to £15,000 on his media work. The Business Secretary – who has criticised firms which seek to avoid tax – admitted it was a “bit embarrassing” that his VAT liability “wasn’t spotted earlier”. But he insisted that he “made no attempt to avoid tax” and the “oversight” had happened in good faith. Downing Street said it regarded the incident as “closed”, adding that Mr Cable retained the Prime Minister’s full confidence.

If you recognize Mr. Cable’s name, there’s a good reason. He is member of the parasite class in England most associated with the push for higher tax rates on capital gains – which led to a clever set of posters attacking his destructive proposal.

Makes you wonder if there is some secret fraternity of politicians, with initiation rites involving the chant: “Taxes for thee, but not for me.”

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