Originally Posted by
Lasterman
My comments related to personal taxation levels rather than corporate ones. Companies have a different agenda and collection of responsibilities. Rightly or wrongly, I do believe individuals have an inbuilt sense of fairness and the great majority would dispense with any ideas of avoidance if they perceived it to be a level playing field. I can't pretend to know exactly what flat rate of tax would result in the greatest revenue because there are so many contributing factors. However, in principle, I see no less reason to think that rate is 20% than 25% or 30%.