According to a report in the Guardian of 11 July, profiteers will grab maybe £10 billion this year in VAT fraud in Britain.
That’s £200 for every child, woman, and man in the country — or one-ninth of the total Health Service budget.
And it’s small beer. In the 1980s, the Tories gave the rich £20 billion a year (more in today's money) in tax cuts.
The Blair-Brown government continues those tax cuts. And recent research reported by Prem Sikka of Essex University and Mark Hampton of Kent University estimates that the tax avoidance industry rakes in fully £100 billion a year for the rich.