Originally posted by Fred Bloggs
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George promises to cut Corp. Tax rates.
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Originally posted by pmeswani View PostIt may not balance the books on the surface, but it will allow business to be more Enterprising. I'm going to guess that the Conservatives are going to tax enterprises via other means, such as higher NI and / or Income Tax or even introduce Business Rates for those who currently don't pay it.
Pure speculation though.Comment
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Not that stupid an idea. That would encourage the people that generate wealth.
Seriously, VAT will go up, or personal income tax will go up, probably not both. ANd the advantage of upping VAT is that VAT is mostly a tax on discretionary purchases anyway, which makes it the better option.Blog? What blog...?Comment
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Corp Tax is way too high - there is Ireland next door with English speaking population, nearly same location and Corp Tax there is 12.5%. That's why Google (UK) appears to channel profits through their subsidiary there and pays pitiful corp tax figure in the UK.
IMHO Corp Tax should not be more than 20% for large companies and 15% for small. When profits are depressed it is pointless to increase Corp Tax anyway.
Cons will win and they'd do a good thing with this move.Comment
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Originally posted by centurian View PostThe way things are going, he might as well promise a cherry on top as well, because it ain't gonna happen...Comment
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Originally posted by TheFaQQer View PostHigher VAT rate. Cut the tax on the rich, and then tax those that can least afford it. Sensible policies for a happier Britain.
As a country, we are screwed to the mountains when it comes to taxes.If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
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Originally posted by TheFaQQer View PostSo, are you advocating a 0% tax rate on all taxes, because that would be good for the economy?Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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