Friday, May 25, 2012

Living in cloud cuckoo land!


Corporation tax and capital gains tax would be replaced with a 30 per cent tax on dividends, interest and rent, and inheritance tax and stamp taxes on land and shares would be dropped, as well as air passenger duty. Fuel duty would be cut by 5p.

Read more: http://www.thisismoney.co.uk/money/news/article-2147429/Single-rate-30-income-tax-required-boost-economy-radical-realistic-overhaul-say-experts.html#ixzz1vnK0M4Lq


And the pensioner who has no dividends, no expectations of inheritance, little or no interest because little or no savings, can't afford to go on holiday - what happens to these people?