Humbug in perspective

A correspondent sent me this yesterday, apropos the Panama “revelations”

“I paid £200k for my house in 99. Now its worth £600 big ones. How much work did I do? None. How much tax did I pay? None. How much benefit did I receive? Rather a lot – All the increase in price plus improved location value. Now, multiply that by 23 million home owners and you have a nation of benefit scrounging tax avoiders who make Amazon Google and all the wealthy and powerful together look like minnows in comparison. And this nation of regular folks elected every single government who make it all legal. I’m not saying its right or wrong. I’m merely pointing it out for the ‘living’ among us to observe and shed a blinding light on.”