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As an introduction to the economics that underpins tax systems and tax system design, this text is unrivalled - a position it has held for more than 20 years now. I think it is an essential read for anyone wanting to get to grips with why the tax system in the UK looks as it does, with interesting insights into the historical perspectives of how we got the system we have today. Clearly written and expertly explained it is not the daunting text so many tax guides are. If you are studying tax for a degree course, whatever book your lecturer recommends, you'd be well advised to read this too to help your wider understanding of why the tax rules you are learning look as they do. As a taxpayer, reading this book will mean you'll much better understand the oddities of our tax system. --Andrew Lymer, Head of Accounting, Birmingham Business School
Simon James is an Reader in Economics at the University of Exeter. Christoper Nobes is a Professor of Accounting at Royal Holloway, University of London.
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