Great piece on the vampire squid capitalism that fixes itself to regulatory failure and grows fat at our expense.https://www.ft.com/content/73102c20-c60e-11e6-9043-7e34c07b46ef?ftcamp=published_links%2Frss%2Fhome_us%2Ffeed%2F%2Fproduct …
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But it's all fine; if we let NGOs design the tax system instead of experts there won't be any loopholes. Maybe.
No income tax no VAT for households to rent-a-room, airbnb seems clerarly within this. Wheres the dodge?
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I think
@JolyonMaugham's use of "dodge" was just for CT - "regulatory failure" nearer the mark on VAT, IT@Ray_McCann55 -
quite so. Thanks.
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