This appeared on my Facebook feed yesterday…
There are three things to note –
1 – It lumps tax avoidance (legal) and tax evasion (illegal) together
2 – Any estimate of either benefit fraud or tax evasion (ex ante) and tax avoidance are pretty much arbitrary
3 – It gives two different figures for “Tax avoided, evaded and uncollected one of which is four times the size of the other (yet is represented by a circle eight times bigger)
The moral of the story? Let’s focus on figures which aren’t plucked out of thin air.