Conservatives: Who funds them, and what's in it for them?

[johnofgwent]

I am not an accountant or specialist. But it is an open secret that the wealthy exploit loopholes to avoid or evade paying their dues.

Apologists for them are rather contemptible in my eyes.

Besides, how about addressing the elephant in the room here? The actual question at the heart of this thread? Who funds the Tory party and what is in it for them? You are evading that to waffle about  the righteousness of tax dodging.

I explained quite clearly what the motive is with my first intervention here. You have yet to acknowledge or even address it. And insteads you prefer to be either one of those trying to take us for fools, or are actually one of the fools.

I suggest that you address my points instead of going off on tangents about the righteousness of tax avoidance. That is irrelevent to buying politicians to ensure they serve your interests. Even if those interests are different from most of the people's....

Here it is again....

Well, I would freely admit those with rather a lot more disposable income than me who choose to give it to the Tory party do so in hope of keeping more of it than they would under Callaghan and Healey under whose Fiefdom I got my first income tax demand before I had the right to vote.


Listening to Cameron before he ran away from the result of his premiership however, I would question whether any but the top 5% felt they got their money's worth.


Those like the property speculator who had his employees put their names to his donation to Blair, however, saw their generosity fund HIS avoidance schemes not theirs.


I know where his missus stuffed some of the loot beyond these shores at the time, but I confess I hadn't myself realused the advantages of having a house seller put their house in the hands of a personal service company and then sell me that PSC and its assets. Damn and Blast given what my Ltdco had in its bank and the fact such purchases were allowed by the articles of association ....


I wouldn't have been hit by capital gains tax OR inheritance tax either. It's clear I'm going to be carried out of this house feet first and my daughter was a director .....

[Nick]

Taking all taxes together that is a nonsense figure plucked out of the air.

Your average Joe only pays 2 types of earnings related taxes, PAYE and NIC's. Both are calculated by percentage so how is it nonsense? Because you want it to be?
There is around 50% of workers that have completely removed from any tax bracket.

Instead of complaining about the rich why don't you improve your lot and try and join them? 

[srb7677]

And seeing as the top 5 percent earners put 90 odd percent into the coffers why shouldn't they be looked after? I'd certainly be looking after them.

Taking all taxes together that is a nonsense figure plucked out of the air.

There is a difference between looking after people and allowing them to buy influence and preferential treatment disadvantageous to the rest of us.

If you cannot see the inherent corruption involved in wealthy people buying our politicians, then it is an obvious waste of time engaging with you. You obviously have your head cemented into the sand so rigidly that no amount of common sense will shift it.

[Nick]

I know it is not just about tax loopholes. It is about ensuring their own interests are looked after, and that nothing much gets done that is ever against their interests.

And seeing as the top 5 percent earners put 90 odd percent into the coffers why shouldn't they be looked after? I'd certainly be looking after them.

[cromwell]

The problem with Steve is, he deems fair dues as about 70%.

20% flat rate for everyone: earn a grand pay £200, earn a million pay £200,000. How is that not a fair system?

If only it were that simple,there are people and businesses who earn a fortune and don't pay a penny

[T00ts]

I don't think the prime concern for donors is buying loopholes or not it is helping a certain ideology to succeed. The so called rich pay a far higher %age of their earnings so this seems to me more than fair for those who complain. The Unions have always 'been on the side of the working man' and donate to Labour for that purpose. For me Labour has never really cared about the working man except maybe at the beginning, it is only about power and frankly the green eyed monster. I have yet to see any Labour Government manage to make this country successful and to my mind have always rushed it to the bottom. It suits them to have those who look with envy at those who are successful and I believe that if we look honestly at it there have been very few 'poor' Labour leaders.

The mindset of Conservatives is that those prepared to take the risks, employ people thus keeping them and their families afloat, looking on it as a responsibility while taking most of the risks in the process, should reap fair rewards. I grant there are those who are not perfect but then that's true on both sides.

Without those who create wealth there is nowhere for those who don't want or have the drive for that responsibility, to gain anything. The wealthy cannot manage without a workforce but then a workforce is absolutely lost if there is no-one brave enough to employ them. Donating to retain that ideology is another service to the Nation as I see it.

[papasmurf]

12 million documents. I'm still on page 21. You?

I get regular email updates from the ICIJ.

[Barry]

Have you read the Pandora papers yet?

12 million documents. I'm still on page 21. You?

[srb7677]

Funding a party isn't always about tax loopholes.
Invites to dinners where they meet influential people, fame, questions asked. That is what's in it for them.

I know it is not just about tax loopholes. It is about ensuring their own interests are looked after, and that nothing much gets done that is ever against their interests.

[Nick]

Who funds the Tory party and what is in it for them?

Funding a party isn't always about tax loopholes.
Invites to dinners where they meet influential people, fame, questions asked. That is what's in it for them.

[srb7677]

I've not said anything if the sort. I'm waiting for you to tell me these terrible loopholes and what they mean.

I am not an accountant or specialist. But it is an open secret that the wealthy exploit loopholes to avoid or evade paying their dues.

Apologists for them are rather contemptible in my eyes.

Besides, how about addressing the elephant in the room here? The actual question at the heart of this thread? Who funds the Tory party and what is in it for them? You are evading that to waffle about  the righteousness of tax dodging.

I explained quite clearly what the motive is with my first intervention here. You have yet to acknowledge or even address it. And insteads you prefer to be either one of those trying to take us for fools, or are actually one of the fools.

I suggest that you address my points instead of going off on tangents about the righteousness of tax avoidance. That is irrelevent to buying politicians to ensure they serve your interests. Even if those interests are different from most of the people's....

Here it is again....

The Tories have always been funded primarily by the wealthy. They do it to the tune of millions to ensure that the wrong tax loopholes don't get too effectively closed, and that they don't have to put up with annoyances like mansion taxes or wealth taxes. In order to guarantee the funding, the Tories keep their donors sweet to ensure the money keeps coming in. Which is why the wealthy give it after all. It is an investment designed to ensure that any Tory government looks after their interests.

Of course, when Labour is run by reliably principle free centrists, a few wealthy donors might bung them a few million too as an added insurance policy. Not wanting to lose such money, Labour centrists will be loathe to do anything that upsets their own wealthy donors too much. Which is exactly why some rich people see value in giving to Labour.

In essence they are de facto paying our politicians to look after the interests of the wealthy elites. It is tacitly understood by everyone that this is a condition of such donations. Those trying to tell us otherwise are taking us for fools. Those believing otherwise actually are fools.

[Nick]

The only caveat being you pay your fair dues and don't adopt  the "it's only the little people that pay taxes"

The problem with Steve is, he deems fair dues as about 70%.

20% flat rate for everyone: earn a grand pay £200, earn a million pay £200,000. How is that not a fair system?

[papasmurf]

I've not said anything if the sort. I'm waiting for you to tell me these terrible loopholes and what they mean.

Have you read the Pandora papers yet?

[cromwell]

Well I have always thought that if you make lots of money in a lawful manner good luck to you and spend it on what you like again so long as  it's legal.

The only caveat being you pay your fair dues and don't adopt  the "it's only the little people that pay taxes"

The hypocrites like Cameron the coward piss me off,criticising Carr whilst behaving in the most reprehensible manner himself,his actions speak for themselves and it ain't pretty.

[Nick]

And in any case, saying that the other lot is just as bad does not make it alright and is a pitiful defence.

I've not said anything if the sort. I'm waiting for you to tell me these terrible loopholes and what they mean.