Don't give up your day job if that is your conclusion... you won't make it to CID.

What the discussions have concluded is that Cameron has done nothing wrong by investing in an overseas unit trust because the current laws allow any UK domiciled citizen to do so as long as you declare any dividend for income tax and any profit on sale for CGT purposes.... which he did and has been documented on his tax return.

What the discussions have also concluded is that a handful of you somehow feel that what he's done is immoral but apart from shout obscenities at him and other wealthy folk have no real answer to making things better.

Uninteresting.

Why does it make no sense that you cant give away already taxed income?

IHT is the one that makes bugger all sense to me. You've paid tax on the money you earned, then paid taxes on the stuff that you've bought. Why should someone else then have to pay the tax again before they can inherit it?

Quite agree, if you paid tax on it of course. Which might not be the case, given some of the dealings that have gone on. Realistically we need to more towards a tax system that is fair and reasonably transparent and not based on 'arcane knowledge and occulted practices' - Ideally one which more or less means everyone contributes a fair percentage towards the operation of the UK.

Its f**king absurd how many different taxes and duties there actually are.

Even if you haven't paid taxes on it, so long as it was declared and legal or within allowances. Once it's got to the inheritance stage of things it should be too late to try and claim any taxes due, as the person in question is dead.

Essentially my thoughts - this idea that Cameron hasn't done anything wrong because he hasn't done anything illegal is strange.

It is an ethical one though. Especially if you've made a pledge to 'get tough on tax avoidance', and then have been found to have engaged in it (which I'm not sure is the case given he paid all outstanding taxes).