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The Morality of Taxation

Moral Maze

CHAPTER

Is There a Maximum on Tax?

For the first time, as far as i'm aware, a flaw on tax, that you must pay 15 %. That's extraordinary, isn't it? Youdon't want to overtax in case you discourage people from doing those socially, morally good things. But we are a relatively rich country where businesses will choose to come here for reasons of the inverstructure we provide. However, what this principle does is enable them to set rates above 15% so that they don't have to engage in that race to the bottom.

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