This morning, George Gideon Oliver Osborne, UK Chancellor of the Exchequer, opened a little brown envelope from HMRC. Inside was a letter containing the information that many of our wealthiest people pay virtually no tax at all.
For someone familiar with the wonderful tax avoidance vehicle of the 'offshore trust', this should have hardly come as a bolt from the blue. Yet we now learn Osborne was 'shocked' to discover what was going on.
As you can imagine there has been much comment in the blogosphere about the Osborne reaction. But by far the best has been accompanied with that scene from Casablanca in which Captain Renault, played by Claude Rains feigns surprise when he 'discovers' gambling going on in Rick's Bar.
Here it is in all its glory