Quote Originally Posted by Dave A View Post
Sure is.

Canada - 5% to 15% depending on state.
India - 12% to 15% depending on state
Indonesia - 10%
Korea - 10%
China - default of 17%, but with massive reductions in a wide variety of sectors and activities (a good example of an incentivised structure?)
I am certainly not arguing with you. I am suggesting that we are faced with a considerable increase in income tax, or a small increase in the VAT rate.

That there are other more equitable strategies is a given; but the acumen and foresight is absent.