Originally posted by Dave2002
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I think a discussion about tax policy is for elsewhere, but the fact that corporation tax take is collapsing, due in considerable measure to the pressure and avoidance (legal , I accept) of the likes of Amazon, means that government debt remains stubbornly high, and tax burden will inevitably transfer over time from the thriving big corporate sector to the not thriving individual. Not good things IMO.
If you actually want my opinion, I think governments will have to (and probably want to on principle) shift towards lower, more regressive turnover and consumption taxes.
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