[Gllug] VACANCY: Junior Systems Support

[Christopher Hunter]

On Wed, 2009-09-09 at 10:52 +0100, Hari Sekhon wrote:

> So the current system removes incentive from poor people and removes 
> incentive from hard working people and people who have good jobs, and 
> the UK government think they are financially clever how exactly? Oh 
> wait, they are clever, they fleece people more than any other 
> government... more money for them! Now that is clever...

I remember my brother (when doing his Economics Degree) ran a simulation
that was used by the government to model the British economy.  He
experimented with various rates of income tax, and (at the time)
discovered that he radically increase the overall tax receipts by
setting a zero rate of income tax, and increasing VAT to 22%!  

Indirect taxation like this makes good sense - the more you have to
spend, the more tax you pay.  Simple.  It would also get rid of a huge
number of government officials who are there to impose income tax...
Also a good thing!

However, it's such a sensible solution that no British government would
ever consider it...

C.


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