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JayMcGee · 11-30-2006, 07:04 PM

Whilst we in the UK have a sliding scale for income tax, we also have a huge number of tax allowances, concessions, tax-credits & rebates etc. And although I am a committed socialist, I too favour the concept of a flat-rate tax.

10% - 15% of income (earned or otherwise). No allowances, consessions, tax-write-offs. Not only would it generate as much as the present system it would save on all those civil servants in the Inland Revenue whose sole duty it is to check all those allowances....

Oh, and I would apply it to corporations too....

(back in the 70's, it was said that, because of clever use of tax avoidance schemes, the secretaries at Shell UK headquarters paid more in tax than Shell UK itself did)

11-30-2006, 07:04 PM	#8
JayMcGee Cardigan-wearing man Join Date: Mar 2006 Location: Much Binding In The Marsh Posts: 1,082	Whilst we in the UK have a sliding scale for income tax, we also have a huge number of tax allowances, concessions, tax-credits & rebates etc. And although I am a committed socialist, I too favour the concept of a flat-rate tax. 10% - 15% of income (earned or otherwise). No allowances, consessions, tax-write-offs. Not only would it generate as much as the present system it would save on all those civil servants in the Inland Revenue whose sole duty it is to check all those allowances.... Oh, and I would apply it to corporations too.... (back in the 70's, it was said that, because of clever use of tax avoidance schemes, the secretaries at Shell UK headquarters paid more in tax than Shell UK itself did) __________________ I like wearing cardigans...... my current favourite is an orange cable-knit with real leatherette buttons.