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National Contributions: Reforming tax for the 21st century

By Andrew Percy, with economic modelling by Howard Reed

This report paints a clear picture of the comprehensive tax reform that political will could deliver.

To simplify incomes tax, we propose a system of “National Contributions”. A smoothly progressive rate structure, applied to a flat definition of incomes that includes both active and passive incomes. Anchored to average income, a system of National Contributions broadens the tax base and creates mutual interest in prosperity and economic development.

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