Farage had previously denounced tax avoidance in a speech to the European Parliament in which he criticised European bureaucrats who earned £100,000 a year and paid 12 per cent tax under EU rules, Farage said in 2014 that "most legal forms of tax avoidance are ok, but clearly some are not" after he was questioned on why £45,000 of his income was paid into his private company rather than a personal bank account, and that criticism of his actions was "ridiculous". In the wake of the Panama Papers leak, Farage said that the possibility of him releasing his tax return was a "big no" as "I think in this country what people earn is regarded as a private matter", and criticised David Cameron as hypocritical, especially with regard to his past comments about Jimmy Carr's tax avoidance.