In an interview this weekend, the Chancellor said he was shocked by the propensity of the super-rich to avoid tax. Having asked to see the anonymous tax returns of our top earners, he had found they were paying an average rate of 10 per cent.
George Osborne said: 'I was shocked to see that some of the very wealthiest people in the country have organised their tax affairs so that they were regularly paying virtually no income tax. And I don’t think that’s right.'
The Chancellor then went on to express shock that the Pope is Catholic and that bears do their business in the woods.