Former Hackney MP Brian Sedgemore says that unfair and unjust taxation in Britain is creating a society "which has lost its moorings, lost its bearings and lost its civilised and civilising values"
Speaking at last week's Liberal Democrat Conference in Brighton, he criticised "the giants of public equity" who are said to pay less tax than their cleaners. He described them as "the loads of money brigade in the city who disrespect the rest of us and ignore the desperation of so many people."
And he was particularly critical of the Prime Minister for failing to tax these "bloated billionaires". Preferential treatment from the government has provided private equity bosses with "shed loads of money," according to Mr. Sedgemore. And he warned that Gordon Brown's new quango, the Business Council for Britain, "will advise the government on how these bosses can turn hundreds of millons of pounds in their personal bank accounts into billions.
"He's fighting for the bosses, not their cleaners," he said, "so as to prove that the super rich City tax dodgers have nothing to fear from Labour."