A different slant on the ‘Rich List’ is who pays the most tax, a matter of public record. The richest in terms of cash and assets may not pay much tax – more than most of us, but not as much as Chief Green and Wealth-Taxer Zac would like. What’s interesting/ alarming is that 4 of the top 5 earn their money from gambling in one form or another. There’s a bond trader and a hedge fund manager, whose jobs are to make bets on what’s going to happen in markets (with other people’s money). The others own online betting shops, Fred and 365, so don’t do the gambling themselves but (responsibly, it says so in the ads), again from OPs’ hard-earned and lost. Sneaking in at 4 is the man who bought Reebok many years ago for $77,500 – and sold it 10 years later for $700m. Nice work if you can get it – but it was, at least, his own money.
Budget Rumours and Possibilities
The Budget Rumour Machine is not the shambles it was last year. Before Rachel’s Swansong all sorts of stuff was leaked to see what sort of puddle it would create.
