Re: Who Knows Tax Law?
Then for instance you band VAT such that essentials (however you define them) are taxed differently or exempt to make it less regressive.
But that just leads to the Jaffa cake/biscuit argument. We're already getting close to the point where internet access is defined as a necessity, when that happens Google will just declare itself an ISP and argue that it's therefore an essential and should pay less tax.
The moment you allow exceptions, and it's well-nigh impossible not to, you open the door to lawyers exploiting loopholes. The legislations ends up as warts on top of warts on top of warts.