Cameron Thomas

Two weeks ago, the House came together to watch the Labour party tear itself apart over to what extent it would remove welfare support from some of the most vulnerable in society, including, but not limited to, those with Parkinson’s and dementia. It is not all bad news, though. Jeff got married in the same week, so congratulations to Jeff. He got married in Venice. By most accounts, it was a lovely and private affair. Although it cost him approximately $50 million, he probably would not have noticed, because he is worth $328 billion. Like most very wealthy people, his wealth has almost doubled in the past two years. For context, it would take an MP earning only their salary, which is almost three times the average UK salary, 2.5 million years to accrue that kind of wealth. Clearly the Government will not be taxing Jeff, whose wealth lies offshore, although he does own a modest UK-based delivery business with an annual turnover of £30 billion. It paid less than 3% in cumulative tax on that figure last year. Labour did promise that those with the broadest shoulders should carry the heaviest burden. I am sure that enough wealth exists within our own borders to keep our most vulnerable citizens supported. Will the Government therefore commit themselves to both keeping and increasing digital service tax, so that big tech pays its fair share?