Tuesday, December 18, 2012

God's banker renders unto Caesar at rate of 2.6%

Tony Blair paid an unexpected visit to the home team today to drop a few pearls of wisdom about how they shouldn't be too hard on bankers, and by the way, in case they had any doubts, to reassure the supplicants that he does indeed pay his "full share" of British taxes.

According to a story in the Telegraph last January, Phony Tony paid a paltry 315 thousand pounds tax on a 2011 income of over 12 millions. That's Tony's idea of paying his fair share. Works out to a paltry 2.6%.

Since Tony is pretty much devoting his life to doing God's work these days, it's fair to say that God is getting the other 97%, and that God is just letting Tony manage the money while he inhabits his mortal coil.

Whatever.

But he sure makes that Romney fellow look stupid with his 14% tax rate, doesn't he? Maybe the God of the Mormons doesn't sharpen His pencils often enough.

To be fair, Romney never claimed he payed that rate on ALL his income; merely his "US" income, and since most of Mitt's moolah is safely ensconced in offshore tax havens, we'll never know if Tony is actually outsmarting him or not.

But we do know they're both outsmarting the tax collectors.

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