Submitted on Monday 4th April 2016
Published on Wednesday 6th April 2016
Current status: Closed
Closed: Thursday 6th October 2016
Signatures: 67
Tagged with
Individuals ~ Tax ~ UK
Introduce Scandinavian transparency of Personal income and Taxation to the UK.
In the wake of the Panama papers revelations it is surely time to Campaign for Scandinavian style transparency of personal income and Taxation.
In Norway, Everyone's Income Is Public—and So Is Tax Paid
The UK must introduce this to shame evaders and close loopholes and discourage tax evasion.
If taxes paid were publicized, then this would do more than just shame tax evaders. Even in cases where people are legally exploiting the tax laws to their advantage, it would help to create a conversation about the tax code itself. For example, if we learn of some obscure tax credit allows wealthier individuals to consistently avoid paying a major portion of their income taxes, then we could debate whether or not it's good policy.
Transparency is the best form of disinfectant on this issue.
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