tag:blogger.com,1999:blog-7156218446024820676.post5716579178668943130..comments2023-05-17T10:38:12.901+00:00Comments on TaxBuzz for the Tax Advice Network: "Shopping receipts to expose stealth taxes"Mark Leehttp://www.blogger.com/profile/11524316185528362603noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7156218446024820676.post-51142064114095338372009-09-07T21:56:34.249+00:002009-09-07T21:56:34.249+00:00Finally someone has got it, but no surprise that i...Finally someone has got it, but no surprise that it is not an economist. Any tax on production, whether on employers or the employed in the supply chain, is mirrored as a cost to the consumer. Employers and the employed are merely involuntary tax collectors taking money from consumers and passing it on to government. Effectively, this produces a general tax on consumption that we pay out of our real disposable income when we spend, and no one escapes it, rich or poor. Consequently all current taxes are equivalent to, and could be replaced simply by, a single rate of VAT or retail sales tax, and the huge tax industry could be put to more productive use allowing entrepreneurs to flourish.Edward Forsterhttp://ecforster.netfirms.com/Tax/Doc1.htmlnoreply@blogger.com