- Hugo Papenfus
- Gordon's Bay
- South Africa
Tax Systems: Currently we have a mixture of paying tax as you earn and spend.... shouldn't we rather move to pay tax as you spend only?
We have different tax systems over the world, but they mostly tax people on what they earn??? Shouldn't we move to tax systems that tax people only on what they spend? In other words get rid of all other taxes and raise spending taxes like VAT sufficiently. This will have some positive and negative effects. Let's discuss them and see how it weighs up to current tax systems.