The Guardian has reported that:
Lord Ashcroft, the multimillionaire bank-rolling the Conservatives’ controversial campaign in marginal constituencies, was last night coming under increasing pressure to explain whether he has honoured pledges, made before he received his peerage, that he would return to the UK and pay income tax.
Quite right too. Candidly, I do not see how it is possible to be non-domiciled and hold political office in the UK. And in Ashcroft’s case if he uses funds he might avoid taxation upon in the UK to seek to alter the outcome of UK elections then his conduct is profoundly unethical.
I argue for a citizenship based tax - which only the US has. Some argue that this is not possible in a modern world, but there are those who argue to the contrary. And the point of this basis of taxation is clear: if you seek association with the State you pay its taxes.
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