.png)
.png)
It is assumed that the UK needs to raise more tax revenues, but from where should these come? RICHARD CURTIS reports on the ICAEW’s 2009 Wyman Debate
KEY POINTS
- Stephen Bill reminds us that VAT is tax not social policy.
- Trevor Evans recommends the ‘hissing index’ as a guide.
- Anne Redston argues that raising personal tax would lead to greater democracy and accountability.
- Mark Schofield believes that environmental taxes will create jobs as well as raising tax revenues.
The ICAEW’s Wyman Debate for 2009 was held at the Chartered Accountants’ Hall London on 16 July.
The chairman of the Tax Faculty Chris Sanger introduced the subject: ‘If taxes rise which goose should be plucked first?’ The ‘goose’ analogy comes of course from Jean-Baptiste Colbert who was the finance minister to the French king Louis XIV in the second half of the 17th century and who famously said that ‘the art of taxation is to pluck the maximum...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
