Like all good socialists, Red Ken is lining his own pockets whilst criticising others for doing the same....
KL is hardly a Socialist, by almost any definition you choose to use. But the fault doesn't lie with his method of avoiding the higher rate income tax as such, but rather with the entire company taxation system which allows individuals
working only for one employer to avoid income tax. In his case, you can argue he's earning money through fees
from a number of sources, and is thus - by anyone's definition - self-employed. His argument is with those who work for only a single employer but who seek to have the entire salary paid as fees to a company. That's disingenuous at the very least. But then - this report is hardly
from a disinterested source, itself, is it? The Barclay Brothers' acquisition of their vast wealth w
as initially bankrolled by the Government, interestingly.