Re: Political football
The optimal rate of tax for everyone is 0% However the question of how do we pay for the NHS springs to mind.....
Then consider this.... I get taxed on the profit I make by selling my labour to my boss.. basically what PAYE is.
I dont get paid, I dont pay any taxes.
So corps should be taxed on the amount of profits they make....... by forcing them to declare how much income they get vs expenses, with the very through proviso that if they buy IP from say Google cayman islands, then that is NOT counted as an expense unless anyone can buy the same IP from Google cayman islands.
(then again I'd tell all those british tax havens they get a choice..... treated as a regular part of the UK with an elected representative, or full independence,.... sadly too many MPs and their friends have off shore accounts for that to happen)
Biting the hand that feeds IT
