Quantcast
Channel: Liberal Vision » Tax
Viewing all articles
Browse latest Browse all 9

The Tax Code Must Die

$
0
0

This article on The Poke did make me chuckle:

Screen Shot 2016-01-27 at 16.42.41

It does, however, raise the point as to why what companies have to pay in Corporation Tax is open to interpretation. The Tax Code is a convoluted mess; it’s how the UK hides it’s corruption. What a company has to pay can be argued up or down – so naturally companies hire accountants to argue their tax bills down. Why not? I would.

The whole Tax Code needs to be ripped up and written again. The simpler, flatter, more transparent, and lower taxes are, the less they will be evaded.


Viewing all articles
Browse latest Browse all 9