People are losing their minds over Mossack Fonseca

Or perhaps we can take this as evidence that The Guardian lost its collectively long ago:

David Cameron’s father ran an offshore fund that avoided ever having to pay tax in Britain by hiring a small army of Bahamas residents – including a part-time bishop – to sign its paperwork.

Ian Cameron was a director of Blairmore Holdings Inc, an investment fund run from the Bahamas but named after the family’s ancestral home in Aberdeenshire, which managed tens of millions of pounds on behalf of wealthy families.

Clients included Isidore Kerman, an adviser to Robert Maxwell who once owned the West End restaurants Scott’s and J Sheekey, and Leopold Joseph, a private bank used by the Rolling Stones.

The fund was founded in the early 1980s with help from the prime minister’s late father and still exists today. The Guardian has confirmed that in 30 years Blairmore has never paid a penny of tax in the UK on its profits.

Just ponder on that for a moment. It is now a news story that a not British firm, which did not operate in Britain and does not, which is not resident in the UK, domiciled in the UK, has no permanent establishment in the UK, did not and does not pay tax in the UK. 

Err, yes, yes. That bloke selling tea outside the mosque in Samarkand is also blissfully free of forcible contributions to the British state, that burger stand in Trenton NJ seems similarly unburdened, sales and purchases of breadfruit on Caribbean islands do not contribute to the British government's advertising budget in The Guardian. There is no reason at all why a non-British firm on some Caribbean island which sells investment advice should be contributing either.

British taxpayers who receive an income from such a firm should of course be, under the current rules, paying British tax. As they do if they own some business which sells tea in Samarkand, burgers in New Jersey or breadfruit anywhere. But no one is suggesting that those who should have been have not been. We just have the "news" that "not British business does not pay British taxes" and we're all supposed to be outraged.

It's just possible to start believing that people are losing their minds over this offshore tax matter.