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Keyword: taxfreestatus

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  • Ed Miliband’s US adviser David Axelrod pays no tax in Britain (UK election)

    04/15/2015 11:28:51 PM PDT · by Olog-hai · 8 replies
    Daily Telegraph (UK) ^ | 9:30PM BST 15 Apr 2015 | Raf Sanchez and Steven Swinford
    Ed Miliband’s most senior adviser pays no tax on his reported £300,000 earnings in Britain, The Telegraph has learned. David Axelrod, a former adviser to Barack Obama, admitted that he is not resident for tax purposes in the UK. Labour confirmed it pays Mr. Axelrod in dollars through his consultancy and that he “lives in the US, works in the US and pays taxes in the US”. While it is unclear how much tax Mr. Axelrod will pay in the US, the rates of tax for companies are often significantly lower than for individuals. The admission comes after Ed Miliband...