Quote:
Originally Posted by pip08456
An acceptable tax rate should apply to everyone so let's keep it simple.
Everyone pays 10% paye, any unearned income (profit on shares, golden handshakes etc) 20%. That would be per person who resides in the country or earns money in it before leaving. The money raised on that alone would fund most services in this country.
|
I don't know how much that would actually raise in comparison to now but I suspect it would be less since even the lowest tax rate payable is 20%. I can't see how that wouldn't be a massive cut.