The letter itself is unremarkable; what is remarkable is that it appeared on the hallowed pages of the Home-Owner-Ist propaganda free-sheet, City AM:
Re: Britain must embrace 30 per cent tax revolution to boost growth, Monday.
Either the country persists with the systematic robbery of the products of work, or it shifts to a tax on the annual rental value of land. By forcing large numbers of people out of the labour market, and by rendering large areas of the country economically sub-marginal, our tax system imposes a dead weight cost on the economy and saddles the government with the welfare bill. Property taxes may be unpopular, but they’re less distortive.
Henry Law.
Happy Vilemas
2 hours ago
3 comments:
Well done Henry! When will he move back to the UK to join the fight?
I second that. Well done, Henry!
I can only assume that City AM published it because it contained the magic words "our tax system imposes a dead weight cost on the economy and saddles the government with the welfare bill." which fits in with the rest of their agenda.
Tax reform long overdue. Start with VAT.
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