Mr Pirie said this “would make the UK a very attractive location for world businesses, and drive a real boost to economic growth”.
He said that other levies, such as capital gains tax, should also be abolished, and that income tax should be flattened over time, by progressive reduction of the top rate. He said that “the aim” should be to deliver a system where workers on the minimum wage paid no tax, while those earning more would face a flat rate.
And I can imagine who would chunter at this. But tax must be progressive!
And yes, a flat tax with an allowance is progressive.