Osborne responds – Part II
Here are George Osborne’s answers to the last five questions put forward by CoffeeHousers. For Part I click here GS London “What are the realistic possibilities of a flat-rate taxation system? If not, please explain why not, and, failing that, would a conservative government make effort to drastically reduce the complexity in current taxation?” There are important lessons we can learn from the flat tax. Under Labour, Britain’s tax code has more than doubled in length, adding to the administrative burden for businesses and individuals across Britain. That’s why I have set out a long-term commitment to make our tax system simpler and fairer, and asked Lord Howe to develop
