This government discourages the taxation of wealth, and that is unacceptable

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The FT reports this morning that:

David Cameron personally intervened in 2013 to weaken an EU drive to reveal the beneficiaries of trusts, creating a possible loophole that other European nations warned could be exploited by tax evaders.

The disclosure of the prime minister’s resistance to opening up trusts to full scrutiny comes as he faces intense pressure to make clear whether his family stands to benefit from offshore assets linked to his late father.

The report did rather remind me of this, from a decade ago:

There seems little doubt that the government is still not talking the taxation of wealth seriously, and when inequality is an issue of massive concern in this country that is not to its credit.