Tax Better

Tax inherently has some negative feedback effects.

By using this principle and choosing carefully you can both increase tax income for the public purse and inhibit activities that are detrimental to public needs.

We saw these ill considered negative effects with government  budgets; NI-employer payment rises translated to a tax on work. The farming inheritance tax  became a risk to affordable healthy food and our food security and the winter fuel tax changes was a block on the elderly staying warm and safe in winter. More recently business rate rises will hammer community pubs, hospitality and many small businesses which will destroy community cohesion and exacerbation the loneliness epidemic.

Tax changes must take into account their downstream effects as well as their potential tax income.

Time for a rethink. Time to tax better.