IN THE NEWS: Will Anyone Break the Tax Taboo?

IN THE NEWS: Will Anyone Break the Tax Taboo?
July 2, 2013 Alex

The New Statesman, June 20: How best to raise new revenue? Debate a land value tax; aligning income tax and capital gains; a higher top rate.

Will anyone break the tax taboo?

Excerpt:

If this insult to democracy is not to be repeated, the parties must avoid colluding in the conspiracy of silence that so often affects tax. It should not be beyond our political class to engage the public in a reasonable debate about how best to raise new revenue. A land value tax; aligning income tax and capital gains; a higher top rate; a penny on income tax; all of these options should be discussed. But if recent history is any guide, don’t count on our politicians doing so.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*