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Lower tax bill : Comments
By David Leyonhjelm, published 13/12/2018If government spending was halved, this would allow taxes to be almost halved as well, leaving a modest surplus to pay down the Government’s appalling debt.
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As already noted, the key problem is the failure of companies to pay their fair share of tax.
Also, modern conflict ridden democracies need higher levels of taxation to counter increased levels of inequality, unaffordability, and debt peonage.
Once business pays fair share - then we can reduce tax for others.