Originally posted by speling bee
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A million tax pounds
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While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.' -
Originally posted by doodab View PostYes also taken from game theory but in the case of taxation it's rather hard to achieve in practice. The only way I can think of to implement such a blind system would be to draw tax rates by lot, and it seems intuitively obvious (I'm without proof obviously ) that a flat rate system is the logical outcome of that.The material prosperity of a nation is not an abiding possession; the deeds of its people are.
George Frederic Watts
http://en.wikipedia.org/wiki/Postman's_ParkComment
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Originally posted by speling bee View PostBut you've already said (I think) that you want a tax free allowance, so you have a tiered system, which you don't want.
I think you would need a similar blind decision system to set the tax free threshold. Going back to the ideas of the system being equitable and envy free, most people in society would be better off with a tax free allowance so they would chose that over a system without it.
The main problem is that the rate of tax would need to be determined by the budgetary constraints rather than giving people a choice and it would need to be close to 40% to be revenue neutral with respect to the current system. Even though many people in the so called "squeezed middle" would be better off under such a scheme they would object to becoming 40% tax payers.Last edited by doodab; 12 May 2014, 16:06.While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
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Originally posted by TheFaQQer View PostI don't know why there's been such a fuss about Gary Barlow.
Whatever he said, whatever he did, he didn't mean it.
Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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