Labour’s tolerance does not extend to the rich  

New Labour was keen to preach toleration for various minority groups, but their friendly theory never did extend to Tories or the rich. Their recent witch hunt of selected Non Doms is a case in point. There is one thing much worse than seeing rich people avoid paying UK tax on their foreign earnings – and that would be to see them leave the UK or not come here in the first place, meaning they would not pay any tax at all here. I see nothing wrong with tax rules, presided over by both parties in government, that allow rich people with substantial overseas business interests and homes abroad to pay tax abroad on those, if they pay UK tax on their businesses and investments which they do base in the UK. It’s a win win for the UK taxman, as they come here, create jobs and companies here, and spend money here, paying tax on all those activities like the rest of us. ...