theory and practice of taxation

"Taxes only go one way and that is up. The Hong Kong Experience has demonstrated that the only way taxes should go is down."

Required: critically discuss the statement above with reference to

(a) Adam smith's principles of a good taxation system

(b) the uk tax system in the last 30 years.

i. you should discuss at least 4 TAXES.

(c) the Hong Kong experience since the 1950's..

Skills: Research Writing

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