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Agreed that land value tax is likely a good option. I think sales taxes are also easy to get around. At least in the UK, businesses don't pay VAT, and many lar
by danpalmer 6y ago
Agreed that land value tax is likely a good option.
I think sales taxes are also easy to get around. At least in the UK, businesses don't pay VAT, and many large purchases are made by companies. Happens in all sorts of ways, but even things like people who do a little bit of contracting work buying expensive laptops with their "business" and bypassing 20% tax. Technically ok, but often not in the spirit of the law when they're buying almost exclusively for personal use.
- sam_lowry_ 6y agoThis VAT avoidance on laptop purchases is a drop in the sea, that's why none cares. VAT on a new construction or even a car purchase is much harder to avoid.
- danpalmer 6y agoBut VAT on buying a yacht or taxes on properties are easier to avoid. Also the avoidance on things like laptops might be small, but they typically can't be done by the people at the bottom end of the income spectrum.