Monday, July 15, 2024
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Reader’s Comment of the Day: Tax bills should be a badge of honour


In response to Alistair Thompson: A simple flat rate of income tax would sweep away the hypocritical row over avoidance and evasion, Roderick wrote:

I understand that in Hong Kong, with its famously affordable (15 per cent, I believe) flat tax system, the newpapers publish details each year of the amount of tax paid by the richest handful of people. 

This becomes a badge of honour for those concerned, giving bragging rights about how much tax they have paid, a neat surrogate for how rich they are.

If only we could change UK attitudes to wealth and get something similar going here…

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