Reply to post: Re: Worstall

Multinationals hiding more than half a trillion from G20 tax collectors

Craigness

Re: Worstall

No need for corporation tax, as you imply.

http://www.theregister.co.uk/2015/01/11/tax_systems_the_good_the_bad_and_the_completely_loopy/

"So, in terms of efficiency, it's not that difficult to design a taxation system. Start with land taxation, add on any Pigou Taxes we want (carbon, baccy, booze, pollution etc, we want these precisely because they do destroy certain economic activity), as much VAT as we can get away with and if we still need more to feed the ravening maw of government, income taxes and on up the list."

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