Leading economies must shakeup tax regimes to combat next recession

OECD argues that western economies that rely on income and transaction taxes must switch to wealth and consumption taxes Amid all the talk of RBS and Lloyds returning to private hands and predictions that the economy will begin growing again, if a little slowly and unevenly, it must be tempting for politicians to think the financial crisis is a matter for historians. That would be a comforting thought if it were not for the prospect of the next crash, which could be as little as 13 years away. T...