Reply to post: Re: Who Knows Tax Law?

Google UK coughs up £130m back taxes. Is it enough?

a_yank_lurker Silver badge

Re: Who Knows Tax Law?

A couple of things that are overlooked, one the consumer/final purchaser ultimately pays all the taxes levied on the manufacturer, distributor, retailer, etc. as well as any sales tax (US) added to the bill. These taxes buried in the cost of goods, whether they are duties, excise taxes, VAT, or income tax on profits.

One issue, sideways addressed, is whether a complex tax system is inherently unfair to those who do not have resources to manipulate it. Thus would replacing with a simpler, VAT/Excise/Sales tax only system be fairer; everyone pays based on their consumption not income. Also, this type of system would considerably lessen the amount of private information the various (incompetent) tax agencies would need to protect from hackers. A basic security rule is if you never have the information you can never give it up.

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