First thoughts on the budget

Customs Duties will be simplified. Mr. Richards said: “The simpler the rules are, the fewer man-hours needed to oversee and enforce them, making the system more efficient.

“The Customs Tariff has become complicated and confusing to administer over the years. The tax reform plan will therefore seek to simplify it and other revenue-raising regulations to make them efficient and user friendly.”

Finally.  Get rid of the insane 460+ page list of tariffs.  Go all the way and replace the vast majority of it with a flat rate.  Split any proceeds beyond the norm between paying down the debt and a basic universal income to offset the tax increases for the poorer elements of society.

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