Hedgie reveals £34m tax bill and urges others to 'pay their share'

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David Harding, founder of hedge fund Winton Capital Management, has disclosed an annual tax bill of £34m and urged other higher rate taxpayers to pay their fair share.

Speaking to the Sunday Times, Harding publicly revealed he was taxed £34m from the £87m he generated in income last year.  Harding, who owns 56% of Winton Capital Management, said if higher rate taxpayers want to be accepted by society, they need to pass the 'smell test' and pay the appropriate amount of tax. "I am definitely not whiter than white. I think that if you want to be accepted by society you have to be seen to be paying your share," he said. "I'd rather not pay the tax. But everyone is aware that the country has to fill in its budget deficit from somewhere. You can't run...

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