Thread by @nobigfish

1. Let's talk about hypocrisy in government, let's concentrate on those privileged individuals who have recently held the position of Chancellor of the Exchequer. Those holier than though millionaire ministers who like to tell us to pay "our fair share". A thread🧵
#LoanCharge

2. Let's start with a previous Chancellor @PhilipHammondUK who seemed to think the tax rate for him while Chancellor was 0.4%. How does that stack up against what struggling families were paying? #LoanCharge
thisismoney.co.uk/money/news/art… via @MailOnline

3. @PhilipHammondUK had a preference to organise his tax affairs to pay the minimum, legal yes but relevant to this thread when you see how he supported #LoanCharge legislation to pursue people, who also acted within the law, to the point of suicide getsurrey.co.uk/news/surrey-ne…

4. @PhilipHammondUK spoke out when a corp got a retrospective tax bill “I’ve had a very clear indication ... that this gov will not be issuing any further notices under the retrospective tax”.
I guess #LoanCharge victims don't have the same lobbying power. reut.rs/1L0NeLG

5. @PhilipHammondUK said this in @HouseofCommons "another taxpayer in similar circumstances will receive treatment similar to his; & he is entitled to be protected from retrospective or retroactive legislation." .How his tune changed regarding #LoanCharge. publications.parliament.uk/pa/cm200506/cm…

6. Is @PhilipHammondUK a hypocrite? He certainly seems to be guilty of that when it comes to #LoanCharge. Happy to hound innocent people to the point of suicide with retrospective tax legislation changes to demand tax that was never legally due while paying the minimum himself.

7. Let's move onto our next Chancellor @sajidjavid. Was Sajid a hypocrite when Chancellor? 🤔 I think you may be ahead of me. He was OK with using offshore trusts when he was a city banker to avoid tax. But he supported the #LoanCharge, one rule for me, dailymail.co.uk/news/article-2…

8. @sajidjavid felt it was OK to use an offshore trust while working at @hmtreasury. He was also OK to bankrupt people & push them to suicide with the #LoanCharge for using similar arrangements that were legal 🤦‍♂️. Is the @CommonsTreasury
OK with that? independent.co.uk/img/shortcut-i…

9. @sajidjavid said in @HouseofCommons in speech below that it is basic human instinct to hold onto as much of your money as possible & tax avoidance is legal. He forgot this when dealing with the #LoanCharge that retrospectively made arrangements illegal.

https://twitter.com/LCAG_2019/status/1159838681848373250?t=fjLwOnoU2AejkRoXbuv14w&s=19

10. Is @sajidjavid a hypocrite? He is when it comes to #LoanCharge. Comfortable with his own offshore trusts but not happy when similar arrangements are sold as legal to ordinary hard working people. When that happens it's OK to take their money in a retrospective grab.

11. Which brings us to @RishiSunak, when Chancellor was named as a beneficiary in offshore trust funds. If that is OK for Sunak how can he justify #LoanCharge victims being pursued retrospectively for what were similar legal arrangements? #NeverRishiSunak
independent.co.uk/news/uk/politi…

12.Not to mention @RishiSunak's wife avoiding up to £20m in UK tax. What? Keep his wife out of this? She acted legally? Tell that to the 9 families who had someone who acted legally but have now been pushed to suicide with #LoanCharge by Sunak.
#NeverRishi
theguardian.com/politics/2022/…

13. What about @RishiSunak's green card? Why did he hold onto it for so long when an MP & Chancellor? It seems very fishy Rishi. Did it give you a tax advantage? I guess we will never know as you elites are protected from HMRC unlike #LoanCharge victims.
nationalworld.com/news/politics/…

14. Is @RishiSunak a hypocrite? He certainly is when it comes to paying tax. A Chancellor whose family are up to their ears in tax avoidance. He refused to engage with representatives of #LoanCharge victims resulting in a 9th suicide last week. What a hypocrite.
#NeverRishiSunak

15. Which brings us to our current Chancellor @nadhimzahawi, you would think by now we would get someone decent, wrong. Seems to me Zahawi didn't want to pay tax on his holdings in YouGov & had the shares held offshore in Gibraltar 🤷‍♂️
#LoanCharge
independent.co.uk/news/uk/politi…

16. We haven't heard @nadhimzahawi's opinion on #LoanCharge since taking up the role of Chancellor. But is he a hypocrite? Probably, how can you be involved in tax avoidance, even if legal & be Chancellor? He is probably like all the others & would not help Loan Charge victims.

17. We have had 4 Chancellors in the last 6yrs, all involved in tax avoidance, all supporting punitive legislation for ordinary workers who used schemes now caught by the #LoanCharge. 6yrs of hypocrites. They have been in charge of this legislation that has now caused 9 suicides.

18. It seems @PhilipHammondUK @sajidjavid @RishiSunak @nadhimzahawi & @MelJStride @Jesse_Norman @lucyfrazermp are OK with legislation that causes suicide #LoanCharge. If tax avoidance was meant to carry the death penalty then most of the @HouseofCommons would also be on death row

19. They all know about the suicides but put their careers first over everything else. This must stop in politics, they should be here to help and protect people not let them be pushed to suicide by @HMRCgovuk.

#LoanCharge

https://twitter.com/loanchargeAPPG/status/1547947530742206464?t=43HCjVXT6HfgeLg6TkbDfA&s=19

20. Tax avoidance in the UK will always be a thing until @HMRCgovuk get their house in order. Whatever you think no legislation should be retrospective and cause 1 suicide let alone 9.
If you want to know more on #LoanCharge read this old thread.

https://twitter.com/nobigfish/status/1190689868306931713?s=19