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Tories aren’t against tax dodging, they’re in favour of it – just don’t get caught

Osborne’s studied silence over this last week speaks volumes.   If the issue were anything else but tax evasion and avoidance, he would be seeking to find an angle to turn it against Labour for all he’s worth.   But on tax avoidance he’s skewered.   It was on his watch that no action was taken when news first leaked out in 2010 about massive tax evasion by the British super-rich at the British HSBC bank in Geneva.   Indeed the wrongdoing was deliberately kept secret in government circles for 5 years, and only surfaced when a whistleblower blew it.   On his watch the same HSBC bank, the ‘highly suspect British company’ as the US authorities nicknamed it for its polluted culture, was heavily fined in 2012 in the US for money-laundering for drug cartels and pariah states, but no action was taken in the UK.
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