Kerre Woodham: Is there such a thing as a completely fair tax system?
Is there any such thing as a completely fair tax system?
Surely the most you can hope for is a least unfair tax system. I ask this because a UN report is calling for countries to check taxes are being applied proportionally to the wealthiest individuals, and questioning the fairness of GST. The UN Committee for Economic, Social and Cultural Rights said a tax policy that maintains a low personal and corporate income taxes without adequately addressing high income inequalities is an example of a regressive and ineffective policy, and consumption taxes —of which GST is one— can have…
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