What is very clear is that she has no intention of giving David Gauke an easy ride. One issue she clearly is going to run with is his proposal for a a General Anti-Abuse Rule for tax – which is his pale, watered down version of Graham Aaranson’s already weak proposal for a general anti-avoidance rule. I described Gauke’s suggestion as “wallpaper” at the meeting.
McKinnell made clear she wants something much stronger. That’s why Michael Meacher’s General Anti-Tax Avoidance Principle Bill fits the brief so well. It does what Gauke says he wants and what his Bill will never do. Sure, I’m biased: I wrote Michael’s Bill, but this one is going to run and run.