Sunday 16 December 2012

Boris weighs in on Corporation tax

http://www.bbc.co.uk/news/business-20746923

The BBC quotes Boris as saying "I cannot exactly blame the finance directors of these companies for doing their job. Their salaries and livings depend on minimising the tax exposure obligations on their companies." while being interviewed on the Andrew Marr show.

This has a nice ring to it. Apparently Boris isn't backing large heartless corporations that screw law and morality into Escher-like contortions to avoid supporting the government-funded welfare, security and transport initiatives that they rely on for their everyday business. Instead he is supporting the hard-working finance officer who is just doing his job.

However, I think London's erstwhile Mayor might find that the population of Britain expect him to conscientiously fulfil his own duties as well. As an M.P. we expect him to stand up for the good of the nation rather than just those individuals and companies who can afford the best lawyers. The job of Parliament is to close those loopholes that allow Corporations to shirk their tax burden, not to throw up its hands and claim that it is the way of the world and shouldn't be criticised.

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