Markov Unchained 😷🇪🇺🍸 on Nostr: Never mind reforming the UK tax system. Do it properly. - Registration at birth for ...
Never mind reforming the UK tax system. Do it properly.
- Registration at birth for tax/benefits/Gov ID
- Voter registration at 16
- 4 tax bands. UBI (negative tax), tax free, low rate, high rate
- All income taxed the same, PAYE, NI, interest, dividend, capital gains
- Pension/UBI at retirement age
And then automate the hell out of it, dramatically reducing money/time wasted on DWP, tax returns, tax accountants, benefits & sanctions, voter checks.
- Registration at birth for tax/benefits/Gov ID
- Voter registration at 16
- 4 tax bands. UBI (negative tax), tax free, low rate, high rate
- All income taxed the same, PAYE, NI, interest, dividend, capital gains
- Pension/UBI at retirement age
And then automate the hell out of it, dramatically reducing money/time wasted on DWP, tax returns, tax accountants, benefits & sanctions, voter checks.