In a major Centre for Policy Studies speech on boosting competitiveness titled "There is an alternative: why the government needs a growth policy and how to achieve it", David Davis has today urged the Government to start delivering the 2020 Tax Commission’s Single Income Tax, which he described as “brilliant”:
The government needs a coherent long term strategy for a genuinely lower flatter tax.In a major Centre for Policy Studies speech on boosting competitiveness titled "There is an alternative: why the government needs a growth policy and how to achieve it", David Davis has today urged the Government to start delivering the 2020 Tax Commission’s Single Income Tax, which he described as “brilliant”:
There is no need to reinvent the wheel here.
There was a brilliant exposition of what is necessary published by the TaxPayers' Alliance only a few months ago.
This strategy would eliminate the vast complexity of our tax, destroying the chance of tax evasion as well as reducing the problems the government are currently having with avoidance.
Most critically it would cut down the economic distortions and the handicaps to growth that that creates.
It will take 10 years to deliver but we should start now.
The government needs a coherent long term strategy for a genuinely lower flatter tax.
There is no need to reinvent the wheel here.
There was a brilliant exposition of what is necessary published by the TaxPayers' Alliance only a few months ago.
This strategy would eliminate the vast complexity of our tax, destroying the chance of tax evasion as well as reducing the problems the government are currently having with avoidance.
Most critically it would cut down the economic distortions and the handicaps to growth that that creates.
It will take 10 years to deliver but we should start now.