The revaluation of a flat tax rate should be considered and implemented upon consideration of how the implementation's effects would benefit the UK, with the inconveniences of the system being amendable within a time frame of five to ten years.
Flat taxes may sound dull, but right-wingers love them and Tory cabinet office minister Oliver Letwin has suggested that
George Osborne faces mounting pressure from Tory backbenchers to cut the top rate of tax from 45p to 40p after official figures
George Osborne and Tory ministers are making "unnecessarily heavy weather" of justifying why they cut the top rate of income
Ukip believes in merging income tax and national insurance into a flat rate income tax to greatly simplify our tax code, which currently stands at over 11,000 pages.