Quote — Denis Healey on Tax Evasion

Denis-Healey

The dif­fer­ence between tax avoid­ance and tax eva­sion is the thick­ness of a prison wall”

- Denis Healey (for­mer UK Chan­cel­lor of the Exche­quer 1974 — 1979)

Tax avoid­ance is sim­ply clever finan­cial plan­ning, while tax eva­sion is ille­gal. Of course, gov­ern­ments would say that would­n’t they?

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