January 05, 2016
Sir, I refer to John Plender’s “A strange aversion to corporate tax” January 4. I have an aversion to corporate taxes that is not duly reflected there.
In my homeland Venezuela the government gets directly 97 percent of all exports and, when oil prices are high, we citizens become almost a nuisance to those in charge of administrating such revenues… only when oil prices are low do they begin to remember us.
As a result I have held that the ideal tax system is that in which the government gets all of its income directly from identified citizens… not anonymous sales taxes, and that makes me to have an aversion to corporate taxes too. The corporations, with their often very high profits equally, quite often, constitute a distraction that hinders the governments to give full attention to us citizens.
100 percent citizens based tax system, true tax heavens, would also be the best way to diminish the needs for tax havens.
@PerKurowski ©