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If I ruled the world: mirror tax

There’s only one demand in society powerful enough to bear the huge tax needed to cover government debt. People, look to yourselves

By James Hawes   July 2010

As the coalition struggles to span the abyss of governmental borrowing, I would like to propose a new tax to fulfil the long-established criteria of a just and desirable imposition on a particular item. Those criteria are: that the tax should not impinge on the ability of the most vulnerable to maintain health (ie, the item must be purely discretionary); that the item should be widely enough desired for the tax not to result in its disappearance; that the tax should be easy to collect and hard to evade; and that—as with 4×4 tankettes in the current vehicle-excise model—the restriction…

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