Want to get rid of political corruption? Simple…

Want to get rid of political corruption? Simple, just implement a flat tax. This is why:

  • With a system that you could fit on a postcard, people would no longer need to hire lawyers
  • A single, low tax rate would be very competitive and attract business and people from around the world to reside in the UK and create jobs and wealth
  • No double taxation on savings and investments (ie. no death tax, no capital gains tax, no tax on savings or dividends)
  • It is easier to enforce and a low rate ensures its not worth rich people finding loopholes

For a great tutorial on how it would work, watch this Dan Mitchell video from the CATO institute:

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Posted on December 1, 2013, in Uncategorized and tagged , , , , , , . Bookmark the permalink. Leave a comment.

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