Monbiot Man

George Monbiot seems to have stirred up something of a hornets’ nest amongst tax lawyers and apologists for the Tories and Mini-Tories with his recent Guardian article about the proposals to change the way in which the UK taxes overseas profits of companies registered here. When it gets to the stage where people are blogging back atcha and calling you “Moonbat”, while simultaneously trying to suggest it’s no big deal, really, this tends to suggest to me that you’ve hit a nerve.

I don’t read The Guardian, and have absolutely no brief for Monbiot - the only letter I ever wrote him remains resolutely unanswered to this day - and I was only alerted to the piece by a tweet on Twitter that was re-tweeted by someone I don’t even follow, so I could well have missed it. As it was, I had to read Monbiot’s article a few times for the implications of it to sink in, but I freely admit that, as someone who failed O Level Maths, numeracy is not my strong point (or perhaps I should say, as Jack Straw did when having his collar felt over his expenses, “accountancy is not my strong suit”.)

Opinion seems divided over whether Monbiot has a point, or whether he is simply over-egging the pudding for effect. All kudos to him, I guess, at least for even bothering to read the adjustments the government is planning to the tax acts of 1988 and 2009! Personally, I glaze over faster than a lump of pork in cranberry jelly just thinking about it. Others have argued that it is just the UK bringing its method of taxing the profits of overseas subsidiaries in line with the rest of the EU. [I have remarked before that it never ceases to amaze me how we always have to harmonize with the rest of the EU, rather than them harmonizing with us, but let that pass for now.]

The net effect of the proposed changes will be to hand big businesses, multi nationals who can more than afford to shoulder the burden of their fair share of getting us out of this mess, a £100M tax break, just at the time when the Government is telling us we are all in it together. Clearly, some of us are “in it” more than others. Some of us are in it up to our necks and sinking fast, while others are allowed to skip gaily over the piles of ordure that lie in wait for the poor, the disadvantaged, the disabled and the unemployed, and continue merrily on their way.

And that is really the point behind all of this. What these companies are doing, aided and abetted by HMRC, may well be legal. But that doesn’t make it moral, it doesn’t make it right. It doesn’t make it right that libraries and swimming pools and community centres are closing left right and centre while for the bastards in stripey suits, it’s still “trebles all round”.

Any moral government, any government that even purported to care about the people of this country, would not be looking to add yet more loopholes to a taxation system that already resembles a moth-fancier’s string vest. They would be saying “these people can afford it, so proportionately, they should give more than a bloke on ESA in a tenement in Newcastle”.

This is what UK Uncut, with its excellent campaigns to blackguard and shame the tax avoiders into paying something more like a fair share, are all about, and more power to their collective elbow. I wish they were in Parliament, in opposition, right now, instead of the feeble and supine Labour Party.

But, whether Monbiot is wholly right or wholly wrong, or – as I suspect – somewhere in between, but definitely onto something, I suppose it comes as no surprise to find that the Tories are doing something divisive, unfair, and beneficial to big business. Something that was in no-one's manifesto, either, come to that. I do, however, remain amazed at how long the Liberal Dimwits will continue to allow themselves to be bitch-slapped by Cameron and Osborne. Talk about an abusive relationship!

Unfortunately for them, at the next election, whenever it comes, the electorate won’t believe they simply “walked into a door again.” They won’t believe anything the LibDims say. Vote Lib Dim, get Tory. Once bitten, twice shy, Lib Dims, bye bye.