Taxes

after the doom and gloom of the Stern report the only way that environmental taxes can work is if there is a system of FLat Rate Taxes. There must be tax allowances of £12,000 per person and then a rate of tax which includes not only income tax but also national insurance. One tax rate for earnings up to £50,000 and then another for anything above those earnings.Capital Gains Tax must be abolished to the effect that all Capital Gains should be treated as income. All other allowances must be abolished and taxes levied on expenditure. It can be the only fair way to have a taxation system based on environmental taxes.Does anybody know that farmers do not pay inheritance tax. Is it any wonder that the rich kids from the City are buying-up farms as fast as they can.We should be able to complete our tax returns on one sheet of paper, not the large numbers some people have to do nowadays. A very simple tax system where anybody fiddling the system loses everything. That would stop them.