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London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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![]() "Tony Bryer" wrote in message ... In article , Nick Cooper wrote: In a way, it might be better to abolish all "hidden" taxes and just bung everything on income tax, but they'll never do that, because it would make the overall burden too apparent.... For a lot of people income tax is unavoidable, but there's an awful lot more who get more than a little of their income cash-in-hand. From an economic pov petrol is a wonderful thing to tax as you have almost total knowledge of the supply chain so, at a guess, 99% of the tax that should be collected actually is. Actually, I think that excise duties are collected at the 'manafacturer' point so duties are collected on some product that ultimately becomes wastage so you could say that more than 100% is collected tim |
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