Lord Fink, the Tory Party Treasurer has told the Guardian:
If you want to be a successful business and attract invisible earnings to the UK, you have to be based offshore.
Contrast that with Peter Oborne, arch Tory and Telegraph commentator who said last weekend:
People and companies who don’t pay tax should be shamed.
I believe as citizens and as political beings on the left or the right that we have a duty to shame companies that don’t pay their taxes, that don’t fulfil their civic duties.
As he out it, there is a "very strong moral case" for paying tax.
Also contrast it with Giles Fraser who has said in the Church Times today:
I understand that there is a complex line between tax avoidance and tax evasion. Even so, when you have an army of clever accountants, money can be squirrelled away in various offshore accounts in ways that are there only to avoid tax, and the legal can also be deeply immoral.
[T]he government to compete with the island and other offshore havens by easing the tax burden on wealthy foreigners who invest in hedge funds.
Many of the structures in the [hedge fund] business have to be based offshore anyway. Otherwise why would a Japanese person investing in a hedge fund want to pay UK tax? All of the industries I am involved in have to have some offshore entities, if only to help those investors.
So, let's draw a conclusion from what he says. His argument is that the tax system has to be designed to make sure that the rich do not pay tax. That is the only reasonable construction that can be put on the claim the UK tax system must be designed to help wealthy hedge fund investors.
Compare and contrast with Oborne and Fraser. I think I need add no more.