Corporate power loves certainty, #consistency and predictability. It allows them to go up the boundaries of govt regulation to exploit them to the fullest amount.

The same is true for #tax.

By tax day they have a 300 page novel of tax writeoffs delivered to govt, replete with as many #taxAvoiding mates and #CEOs as possible.

But is there a space for #entropy in #taxPolicy? What if on tax day, We the People (aka govt) rolled a dice… (1/2)

#ConstructiveAmbiguity #restraint #landTax #australia

(2/2)

What if on tax day, We the People (aka govt) rolled a dice…

And if the number is a 1 to 3 then, forget #profitLoss based taxes and Progressive #IncomeTax. Instead tax is squarely focused on Progressive Land Tax based on the improved value of the #land (aka #rentalValue).

What do you think?

Can some 'constructive ambiguity' help to limit the excesses and destructive behaviours of the #kleptocratic few.

(In Australia we already have a GST and we are not suggesting changing that)

One thing we really like about 'constructive ambiguity' in the tax system, as outlined, is it effectively halves the value of #creativeAccounting, and the terribly lucrative taxConsultancy firms that don't really add much (if any) value to society anyway.