Churchill and his Taxes: “Genius has many outlets”
Taxes and the Man
On the matter of Churchill’s taxes, a friend quotes a very good historian we both respect: “His relationship with the taxman was scandalous. As Chancellor of the Exchequer, Churchill exploited tax loopholes and he retired as an author on more than one occasion to avoid paying tax.”
My friend writes: “Surely what Churchill did was just on the borderline of tax-optimization? It would only be scandalous if it was tax evasion. But it was in fact legal.”
I am not an expert on Churchill’s taxes. I accept that he took whatever measures that were open and legal to minimize the bite.…