Quote:
Originally Posted by Chrysalis
Loopholes can be closed on the existing system as well, it doesnt require a flat rate to do that.
|
Yes they can but it is a lot easier and cheaper if there is a single tax rate .A single tax rate means that taxes like NI contributions can be abolished .A single tax rate will mean that everyone above a certain pay level will pay the correct tax no loopholes no clever little tax schemes .