Monday 7 July 2008

The Tax Source Triangle

The proposal for Systemic Fiscal Reform argues that we should abolish taxes on productive behaviour such as Income Tax, Corporation Tax, National Insurance and VAT, and raise the same revenue from taxes on behaviour that we want to discourage.

This 5 minute presentation introduces the "Tax Source Triangle", which cleverly illustrates the different ways in which tax can be raised, and how a future tax system may look.

Apologies for the quality of the voiceover. There isn't a facility to edit on Jing yet, so my 'mis-speaking' (thanks Mrs Clinton) is in there too.

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