Date: Fri, 7 Sep 2007 20:29:49 +0100
From: GSV Three Minds in a Can 
Newsgroups: uk.finance
Subject: Re: Will anyone stop the rise of Britain's super-rich?
Bytes: 2387

Bitstring , from the wonderful 
person John Boyle  said
>In message <5kd8d7F379qeU1@mid.individual.net>, Matti Lamprhey 
> writes
>
>> Actually it's to raise funds from and for the nation
>
>Yep.
>>in a way which relates to an individual's ability to pay,
>
>Nope

I've said it before, but I'll say it again. there are only two logically 
defensible tax systems:

1) The state takes £x from everyone who can afford it, based on their 
share of what it takes to run the country (or based on their demands on 
the country, if you prefer). A 'poll tax'. Anything they earn over that 
they get to keep. And yeah, an 'if you don't pay you don't vote' is fine 
by me.

2) The state allows you to keep £x of your income (and if you don't earn 
that much they give it to you, if you like). Anything you earn over 
that, THEY keep. ('from each according to their means').

All the others systems, whether progressive or regressive or whatever 
are a political fudge.

-- 
GSV   Three Minds in a Can
9,423 Km walked. 1,827Km PROWs surveyed. 33.2% complete.