[OM] Re: paypal

[Andrew Fildes]

Fundamentally inequitable - and encourages a black economy at lower  
social levels.
Andrew Fildes
afildes@xxxxxxxxxxxxx



On 25/10/2008, at 11:44 AM, John Hudson wrote:

> What's wrong with a flat tax .............. back a few years ago  
> Hong Kong's
> flat tax on wages and salaries was 15%, there was no capital gain  
> tax and no
> sales or consumption taxes. The place thrived. Today it booms but I  
> think
> the flat tax got hiked to 16% or 17%.



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