Financial Times FT.com

Treasury snubs arguments for flat tax system

By Vanessa Houlder

Published: August 10 2005 03:00 | Last updated: August 10 2005 03:00

The Treasury has dismissed arguments for "flat taxes" - a simplified tax system that charges the same rate of tax on all income - as misleading and unsubstantiated, according to analysis re-leased under the Freedom of Information Act.

Interest in flat taxes, which have been adopted in several eastern European countries, has been growing within the Conservative party and think-tanks such as the Adam Smith Institute.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this