Drencrom":1b9v0ico said:
Right, but I don't see what you're offering by way of comparison. A tax direct from our wages which covers all? So what would happen to VAT for example?
It wasn't a 100% serious suggestion, more in the way of countering the concept of hypothecated taxes, and / or indirect taxation.
As I said, previously, ignoring local / council tax, taxation from all the other sources / forms isn't hypothecated. It's collected, piecemeal because of tradition, evolving, um, need, and stealth.
My suggestion of replacing all of that with one direct, taxation, unquestionably fairer, probably simpler to understand, and probably with some streamlining and cost savings - was somewhat tongue-in-cheek, but I'm coming around to the view of it being a better solution.
Well right up to the point that the masses
truly recognise how much of their income is clawed back as tax.
VAT is just another means of indirect taxation - and could be factored in - just like any other indirect taxation - to either corporation tax, or personal taxation.