There is a new school of thought on this which points out that any taxation on labour favours the linear economy over the circular economy. The circular economy is labour intensive, and the linear economy is capital intensive, and our current tax system incentivises people to replace labour with capital.
Source: Circular Economy News Permalink: Geoff Simmons on why we can't have a fair and efficient tax system, as well as an exemption on … Geoff Simmons on why we can't have a fair and efficient tax system, as well as an exemption on …
