Can @RichardJMurphy actually read?

I love this headline from the Telegraph:

We’re coming for you, Danny Alexander warns tax dodgers

Concerted action on tax avoidance and evasion will raise almost £4billion for the Treasury this year, Danny Alexander will claim.

Now that’s interesting. HMRC are adamant tax avoidance is only £5 billion a year. Are they really saying they are going to almost eliminate it? Or is this tacit admission that my estimate of tax avoidance of £25 billion is much more accurate?

Mr. Alexander is, as he says he is, talking about both avoidance and evasion.

Ritchie then talks about avoidance only.

Eh?

13 thoughts on “Can @RichardJMurphy actually read?”

  1. The £4billion largely comprises lump sums each of which is made up of collecting several years’ tax evaded (or avoided by schemes that HMRC and the courts decide are unacceptable) plus interest.
    So Murphy is wrong twice – once for confusing “avoidance and evasion” with “avoidance” and once for equating an accumulation of tax over years plus interest with a single years lost tax.

  2. One of the surest measures of Richard Murphy’s intellectual helplessness (and professional incompetence) is that, despite being a Chartered Accountant, he is unable to properly distinquish between to of the most elementary concepts of taxation:

    Tax Avoidance (tax reduction by legal means), and
    Tax Evasion (tax reduction by illegal means).

    He is simply beneath contempt.

  3. it is also interesting that Danny Alexander considers anyone with income on £50k a year as ‘wealthy’ and deserving yet more taxation, while Gordon Brown considered them poor enough to need tax credits

  4. I do think someone should go over to his blog and let him know. It’s funny watching him get all huffy about it.

    You’ll notice I don’t do so myself. It’s because I went there once and read more than one entry and had to go and have a half hour walk and a pint to calm down.

  5. @ sam
    Most of us who point out his worst errors (we don’t bother about trivia) are barred. So if you want ” someone should go over to his blog and let him know” you will have to do it yourself (preferably under a pseudonym, as he is too lazy/stupid to notice)

  6. This is “tax justice.” He throws around both terms interchangeably without assuming a distinction between either, so this shouldn’t be a surprise.

  7. “he is unable to properly distinquish between to of the most elementary concepts of taxation”

    I can remember at least two occasions when he confused debt and deficits.

  8. What an absolute cretin- no other word for it. I look forward to him being installed at the TUC’s insistence as Chief Economic Advisor to the next Labour PM – people keeping money under mattresses and black markets look certain to thrive in ‘Murphy’s Britain’!

  9. “This is “tax justice.” He throws around both terms interchangeably without assuming a distinction between either, so this shouldn’t be a surprise.”

    Excellent point.

  10. ” I look forward to … people keeping money under mattresses and black markets…”
    The silver lining the Murphy cloud may hide.
    Once people get the habit of the black economy it’s almost impossible to root out. Every authoritarian attempt to curtail it drive more & more into it. The only effective method is reduction in taxes & regulation until there’s no particular advantage. It’s not only a Labour government this’d hurt, it’s any government that follows them.
    It’s the sort of creative destruction needed to give a chance to push the reset button on the whole bloody mess.

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