John Cartmell wrote:
In article ,
Andy Hall wrote:

Income tax, CGT, IHT and corporation tax do more than enough to
distribute wealth fairly.


I'm glad to see that you're happy with the concept of income tax.

I seem to recall that 100% slavery was once considered acceptable.

A touch more
progression (sliding scale) would improve it.

Humour me here, would you? Set up a spreadsheet comparing tax payment
with salary, based on the current tax rates. Now add another column with
a single tax rate and a single threshold/personal allowance. Now vary
these two values to establish limits between which the total income
tax revenue could be the same. It's not possible to specify values
without involving income distribution which makes it much messier,
but it's possible to draw some conclusions.

Now, which method taxes the lower-paid less, and the higher-paid more
for the same total revenue? A bit counter-intuitive, isn't it, until you
think about it?


But then you also need a tax on monopolies: a sliding scale again up to 100%
tax on the income of 100% monopolies. ;-)

You've been peeking. I couldn't decide whether Corporation Tax should
be market share times gross income or turnover. I'm inclining towards
turnover. Now, imagine what kind of government might implement such a
policy, and more to the point, how they would achieve power.

[yes you're right - I don't like Microsoft or Murdoch] ;-)

You probably needn't bother trying to enlist the Sun, then.