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Jayne :wales_flag:🇪🇺🏳️‍🌈
GhostOnTheHalfShell
Jayne :wales_flag:🇪🇺🏳️‍🌈 and 1 other boosted
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 3 days ago

I've said this before (as has Dan Neidle, many times), but the tax reform the UK really needs is simplification of the byzantine tax code... to make it less complex, less amenable to gaming by 'clever' tax advisors & more effective as a policy tool.

Today Neidle takes aim at tax relief for research & development, but really the wider simplification argument is the key!

(Just to be cleat: this is *not* an argument for 'flat taxes'!)

#politics #tax #economics

https://observer.co.uk/news/capital/article/to-encourage-growth-the-whole-system-of-tax-relief-for-randd-needs-a-revamp

The Observer

To encourage growth, the whole system of tax relief for R...

Let’s reform the corporation tax base and give relief for all investment
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millennial fulcrum
millennial fulcrum boosted
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 2 days ago

Zac Polanski (being interviewed on the BBC) said (among some other important stuff) that:

'I think it is legitimate to say paying tax is something that's actually patriotic, we should be proud of contributing to this country'!

This shift in political emphasis is vital: tax is not a 'necessary evil', its not something we should seek to avoid.. rather it is how we fund the society we want & value!

Its good to see a political leader make this vital point!

#Greens #tax

https://www.bbc.co.uk/news/articles/cly2nyz3ed2o

BBC News

Green Party leader Zack Polanski defends wealth tax proposals

Zack Polanski says a new tax on the rich would tackle "the deep inequality in our society".
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Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 2 days ago

Zac Polanski (being interviewed on the BBC) said (among some other important stuff) that:

'I think it is legitimate to say paying tax is something that's actually patriotic, we should be proud of contributing to this country'!

This shift in political emphasis is vital: tax is not a 'necessary evil', its not something we should seek to avoid.. rather it is how we fund the society we want & value!

Its good to see a political leader make this vital point!

#Greens #tax

https://www.bbc.co.uk/news/articles/cly2nyz3ed2o

BBC News

Green Party leader Zack Polanski defends wealth tax proposals

Zack Polanski says a new tax on the rich would tackle "the deep inequality in our society".
  • Copy link
  • Flag this post
  • Block
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp 3 days ago

I've said this before (as has Dan Neidle, many times), but the tax reform the UK really needs is simplification of the byzantine tax code... to make it less complex, less amenable to gaming by 'clever' tax advisors & more effective as a policy tool.

Today Neidle takes aim at tax relief for research & development, but really the wider simplification argument is the key!

(Just to be cleat: this is *not* an argument for 'flat taxes'!)

#politics #tax #economics

https://observer.co.uk/news/capital/article/to-encourage-growth-the-whole-system-of-tax-relief-for-randd-needs-a-revamp

The Observer

To encourage growth, the whole system of tax relief for R...

Let’s reform the corporation tax base and give relief for all investment
  • Copy link
  • Flag this post
  • Block
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