What is the best tax system? why?
i'm against VAT, as a business man i could and did claim all my vat back, even on my daily shopping (loopholes) i claimed it on fuel, tools, even holidays. if i were someone's employee i wouldn't have been able to...somehow it isn't a very fair system. if i did a job for anyone, i also charged them vat. which i paid in but because of loopholes got a large portion of back. so i say. tax on a pay as you earn basis and scarp the vat.
i'm against VAT, as a business man i could and did claim all my vat back, even on my daily shopping (loopholes) i claimed it on fuel, tools, even holidays. if i were someone's employee i wouldn't have been able to...somehow it isn't a very fair system. if i did a job for anyone, i also charged them vat. which i paid in but because of loopholes got a large portion of back. so i say. tax on a pay as you earn basis and scarp the vat.