Comments on: Poverty of thinking at the ICAEW http://www.taxresearch.org.uk/Blog/2007/08/31/poverty-of-thinking-at-the-icaew/ Richard Murphy on tax and corporate accountability Thu, 04 Dec 2008 20:55:08 +0000 http://wordpress.org/?v=2.6 By: Ian http://www.taxresearch.org.uk/Blog/2007/08/31/poverty-of-thinking-at-the-icaew/#comment-160960 Ian Sat, 01 Sep 2007 05:35:16 +0000 http://www.taxresearch.org.uk/Blog/2007/08/31/poverty-of-thinking-at-the-icaew/#comment-160960 Taxing business is nothing more than making that business a collector of taxes ultimately from that country's citizens (as end users of the company's products directly, or beneficiaries of utilization of the company's product, indirectly). Taxing business constitutes a "hidden tax" to the consumer. It, combined with an income tax code, are the tools of mischief that politicians, lobbyists, and bankers depend on to continue excessive spending that citizens cannot totally comprehend. Citizens cannot make politicians accountable for taxes they cannot see that they're paying. The American FairTax initiative seeks to make all taxes visible by taxing goods and services "at the cash register" by the end using consumer. Worth checking out at FairTax.org. Taxing business is nothing more than making that business a collector of taxes ultimately from that country’s citizens (as end users of the company’s products directly, or beneficiaries of utilization of the company’s product, indirectly).

Taxing business constitutes a “hidden tax” to the consumer. It, combined with an income tax code, are the tools of mischief that politicians, lobbyists, and bankers depend on to continue excessive spending that citizens cannot totally comprehend. Citizens cannot make politicians accountable for taxes they cannot see that they’re paying.

The American FairTax initiative seeks to make all taxes visible by taxing goods and services “at the cash register” by the end using consumer. Worth checking out at FairTax.org.

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