OPINION: Flat tax - Myth or reality? By Richard Murphy
In a new report, commissioned by the ACCA and called 'A flat tax for the UK? The implications of simplification', AccountingWEB contributor Richard Murphy, also of the tax Justice Network, examines the case for a flat tax system. The report was paid for by ACCA research funds and as such had to meet strict, objective academic research standards. In this exclusive article for AccountingWEB, Richard offers his own take on the results that he uncovered.
Let me say first, there are no 'flat tax states'.