Britain tried something similar in the 1960s. It was a disaster.<p><a href="http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2013-03-22&#x2F;the-beatles-v-the-taxman-a-former-manager-recalls-yesterday-" rel="nofollow">http:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2013-03-22&#x2F;the-beatle...</a>