45 years ago today on the 21st of March 1974 , the DPRK passed the law on the abolition of taxation becoming the first tax-free socialist country in the world .
It is worth pointing out that at the same time that the DPRK abolished taxation it lowered prices by 20-30 per cent on average and even up to 50 per cent . This was done at time when the capitalist countries were experiencing massive inflation.
In the DPRK people do not know the word tax but in many capitalist countries tax is a heavy burden on working people. In the UK on top of PAYE and VAT we have to pay council tax as well which hits low income people hard .
The UK should follow the DPRK's example and abolish taxation and lower prices !
No comments:
Post a Comment