Tagged: tax

The Cameron #Luxgate “I told you so” theory

Did David Cameron know #Luxgate was coming? We cannot know it, of course.Yet, the International Consortium of Investigative Journalists states that the publication of the ‘Luxembourg Leaks’ was the culmination of a “six-month investigative collaboration“. The leaks could have probably been released in the run-up to Juncker’s election as President of the EU Commission, yet the collaborative project abstained from such meddling in daily politics.

If Cameron knew it was coming, his adversarial stance towards Jean-Claude Juncker in the previous months — even his defeat when he tried to prevent him becoming President of the EU Commission — would make much more sense. Now he can say: “See, I told you so.” He may claim that history has proven him right. Now he could wage a campaign against Juncker not only as the public face of the EU — by which he can cater to anti-EU sentiment — but he can also add tax justice to his election campaign, thereby giving it a slightly ‘anti-corporate’ streak, which could help him to neutralise some of the other parties’ reformist agenda points.

However, such a strategy would be severely complicated by the UK’s Overseas Territories and Crown dependencies status as tax havens.

 

P.S.: The Guardian, Sunday 16 November 2014: “Tories call for Juncker to face inquiry over Luxembourg tax allegations”