UK Non-doms

Even more interesting — and depressing — was the resulting ‘controversy’ about the pledge, which seemed to revolve entirely around whether Miliband’s policy would result in more or less tax being gathered by the Inland Revenue. This is another illustration of the extent to which neoliberalist iron has entered the souls of the political elite. At base, the non-dom issue isn’t about the pragmatics of taxation; it’s about whether something is morally right or wrong — whether there should be one law for the rich and another for the rest of us. Even if there were a net loss to the Exchequer, the loophole should be closed for the simple reason that it is iniquitous.

Just because it’s the right thing doesn’t mean it’s easy or free.

Via memex