This move has reduced taxation for almost all homeowners.
It is all very well reducing taxation on profits, but profits are here and now.
What we need in response is not a different form of taxation, but reduced taxation.
Although a government may state its intention to reduce taxation, the truth may not always be as declared.
To achieve this, they wished to reduce controls, demands for service, and taxation to a minimum.
Similarly, if it chose to reduce taxation, that too would be democratically justified.
The primary aim of the Regulators was to form an honest government and reduce taxation.
But our object should be to reduce taxation if possible.
First, they wish to be seen to be reducing personal taxation.
It does not matter whether the overall burden of tax increases, as long as they are seen to be reducing personal taxation.