In article ,
Keith G wrote:
What makes you think that 'skill and talent' wouldn't want to go to a
country with a lower cost of living? Because moving tax from direct to
indirect simply pushes up that.
At the personal level, I suspect a lot of people like the choice whether
to buy a (possibly) heavily taxed item rather than have their earnings
plundered before they get them, in the case of salaried/waged employees.
If you abolished income tax, *everything* would be taxed by VAT or
whatever. It couldn't be limited to luxury goods. This would also force up
low wages and benefits etc, as you can't alter the tax on goods according
to income which you can of course with income tax.
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*That's it! I‘m calling grandma!
Dave Plowman
London SW
To e-mail, change noise into sound.