Some people believe London, or more specifically, the City’s Square Mile, is the money-laundering capital of the world, and has been for quite some time. Never having had dirty money to launder, I couldn’t possibly comment! Dirty laundry, well that’s an entirely different matter, and since I don’t wash my dirty laundry in public, it is not up for discussion here. As a matter of fact, the City of London’s Square Mile is in fact 1.12 square-miles in circumference. Perhaps the extra bit is where the money laundering takes place?
Meanwhile, while the world’s stinking rich and corrupt continue to wash much of their blood money in my town, Britain’s Chancellor of the Exchequer, George Osborne, announced in his recent budget sweeping new enforcement powers for HM Revenue & Customs, allowing them to raid bank accounts and cash Isas in order to recover debts. The move is part of the Government’s crackdown on tax evasion. Now that’s funny, funny because it’s always the little fellow who gets collared. Among other things, it is thought an extra £285 million a year will be collected from eBay sellers who don’t declare their profits. It seems to me the Government believes it is entitled to a cut of every pound of profit. I don’t believe it is, ever! I understand undercover VAT officers have been known to visit car boot sales in order to record vehicle number plates belonging to professional traders. If the Government takes away a citizen’s ability to provide for his/her family during hard times, how is one expected to survive? I don’t want to be put in the position where I must beg or steal, do you?