"Thank you sir may I have another tax exemption?"

What do British public schools* have in common with the Royal Cancer Society, the British Red Cross and Crisis? They are considered charitable institutions and are therefore exempt from taxes. This saves Eton et al in the neighbourhood of £100 million annually. Now Jon Cruddas, a candidate for the deputy leadership of the Labour Party, wants that to end and these havens of the British aristocracy are less than pleased. Well too fucking bad.

*Note: for Americans - public schools in Britain are not actually open to the public unless you have lots and lots of money and the right bloodlines. They are the equivalent of America's most expensive private schools.