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Perhaps Mr Bacon can start by looking into the financial affairs of George Osborne, resident of 11 Downing Street. Current salary £134,565, plus an annual six figure income from the rent of his £3million Notting Hill house and a 15% stake in a business estimated to be worth £4million. Mr Osborne claims he is not wealthy enough to pay top rate tax. If that is not "avoidance" what is it?

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Tuesday, February 19, 2013