(not satire – it’s UK today!)
Here are just a few of the millionaire government ministers who gave themselves a tax cut today
Lord Strathclyde worth £10m
Philip Hammond worth £7.5m
George Osborne worth £4.6m
Jeremy Hunt worth £4.5m
David Cameron worth £4m
Dominic Grieve worth £3m
Francis Maude worth £3m
William Hague worth £2.5m
David Laws worth £1m-2m
Nick Clegg worth £1.9m
David Willetts worth £1.9m
Theresa May worth £1.6m
Oliver Letwin worth £1.6m
Owen Paterson worth £1.5m
Kenneth Clarke worth £1m+
Sir George Young £1m+
Iain Duncan Smith worth £1m+
Michael Gove worth £1m+
NB Grant Shapps isn’t on the list because it’s his alter ego Michael Green who’s a millionaire, not him.
No doubt some of these people will be helping the economy by spending some of their £100,000 tax cut on bottles of champagne in celebration this evening.
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Note – a few people have rightly pointed out that ‘worth’ is not the same as net income. The problem is that net income is a meaningless figure – it’s whatever their accountant wants it to be. That leaves us with only their (declared) worth to go on. I agree, it’s entirely possible their accountants will declare these millionaires are so ‘poor’ that they’re not entitled to a tax cut.It’s still millionaires voting to give millionaires a tax cut though.
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http://tompride.wordpress.com/2013/04/01/here-are-some-of-the-cabinet-millionaires-who-gave-themselves-a-tax-cut-today/