View Single Post
Old 09-11-2017, 17:28   #18
Osem
Inactive
 
Join Date: Oct 2006
Location: Right here!
Posts: 22,316
Osem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered stars
Osem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered starsOsem is seeing silvered stars
Re: More tax revelations

Quote:
Originally Posted by denphone View Post
No confusion by me OB as surely it can't be that hard for the so called clever boffins to work out a clear and concise tax system where everybody pays their fair lot.
That's only part of the problem. How do you prevent people who decide they pay enough tax from simply taking their skills or businesses elsewhere where they'll pay less in which case UK PLC will get nothing from them? That's exactly what happens when one country adopts a higher taxation approach. Right now many of the rich do just that - they up sticks and leave taking their tax and spending with them. The UK cannot on its own come up with a solution to this, the best we can do is simplify the tax system to reduce the incentive and scope for evasion and set the rates payable at levels which aren't too onerous.
Osem is offline   Reply With Quote