Murph always insists that his £120 billion tax gap cannot be entirely closed. He thinks that a bit of it can be but obviously not all of it. Here’s Corbyn:
Detailed analysis conducted in 2014 by left-leaning economist and tax expert Richard Murphy indicates the government loses £120 billion in tax revenues annually. The £120 billion figure is made up of £20 billion in tax debt, £20 billion in tax avoidance and £80 billion in tax evasion.
Corbyn says this revenue could double the National Health Service’s (NHS) budget. He says Britons cannot expect a progressive tax system unless tax laws are robust and enforceable.
The NHS costs £120 billion a year. Jezza is assuming that all of that tax gap can be collected.
Man’s even madder than the Lord High Tax Denouncer.
The box of frogs called and want their reputation back.