Reply to: The Official - Brexit: Osborne pledges to cut corporation tax

[PerfectStorm]

When is this likely to kick in? Next April if they pulled a few strings?

[CretinWatcher]

Honestly sasguru.....give it up already!!

Wotcha SB.

Time will tell ...

[shaunbhoy]

My point stands.

Honestly sasguru.....give it up already!!

[SueEllen]

Because they thought that stopping EU immigration would raise wages.
But didn't realise that not having access to the single market will hurt the economy quite badly and there'll be many fewer jobs.
The only winners in this are those, mainly lawyers, who'll get rich and fat on the EU negotiations gravy train.

Funny thing is lots of lawyers voted to remain even though they would be made richer by leave.

[BlasterBates]

As Lord Turnbull pointed out in the Treasury Select committee on Brexit held last week. The UK has a balance of payments deficit, this was balanced by repatriated profits from FDI. Now FDI has fallen off a cliff there will be a readjustment that will inevitably mean incomes will go down.

In other words Brexit has made us all poorer.

[CretinWatcher]

yes so much less


IMF explains “Double Irish Dutch Sandwich” tax avoidance

My point stands.

[CretinWatcher]

So why did so many "plebs" vote to leave?

Because they thought that stopping EU immigration would raise wages.
But didn't realise that not having access to the single market will hurt the economy quite badly and there'll be many fewer jobs.
The only winners in this are those, mainly lawyers, who'll get rich and fat on the EU negotiations gravy train.

[vetran]

You do seem to have sort of cognitive deficit disorder
The point is that as a country on our own we will have much LESS leverage over multinationals.

yes so much less


IMF explains “Double Irish Dutch Sandwich” tax avoidance

[vetran]

So why did so many "plebs" vote to leave?

because they are cretins of course

[CretinWatcher]

And if we give it to them (or any other country does for that matter) what do we do when they start to demand to pay less corp tax? or want other benefits?

I mean how long will you happily bend over and take it whilst humming the EU national anthem?

You seem to be under the impression that we should all be slaves just happy to roll around in the sh!t of those who you perceive to better than you?

You do seem to have sort of cognitive deficit disorder
The point is that as a country on our own we will have much LESS leverage over multinationals.

[DodgyAgent]

There's always been a part of the Tory party that hated the EU because they thought exploiting the plebs was THEIR birthright and Johnny Foreigner should have nothing to say on the matter.
So lower corporation tax for their mates will be followed by removal of workers rights* that were guaranteed by the EU and abolition of the minimum wage*, as the economy tanks, because we have to "compete" now, don't we?

Nice one.

*Big corps will demand this as the price for staying.

So why did so many "plebs" vote to leave?

[original PM]

There's always been a part of the Tory party that hated the EU because they thought exploiting the plebs was THEIR birthright and Johnny Foreigner should have nothing to say on the matter.
So lower corporation tax for their mates will be followed by removal of workers rights* that were guaranteed by the EU and abolition of the minimum wage*, as the economy tanks, because we have to "compete" now, don't we?

Nice one.

*Big corps will demand this as the price for staying.

And if we give it to them (or any other country does for that matter) what do we do when they start to demand to pay less corp tax? or want other benefits?

I mean how long will you happily bend over and take it whilst humming the EU national anthem?

You seem to be under the impression that we should all be slaves just happy to roll around in the sh!t of those who you perceive to better than you?

[CretinWatcher]

There's always been a part of the Tory party that hated the EU because they thought exploiting the plebs was THEIR birthright and Johnny Foreigner should have nothing to say on the matter.
So lower corporation tax for their mates will be followed by removal of workers rights* that were guaranteed by the EU and abolition of the minimum wage*, as the economy tanks, because we have to "compete" now, don't we?

Nice one.

*Big corps will demand this as the price for staying.

[OwlHoot]

PS I still haven't managed to get Cortana to swear.

Sounds a bit sweary anyway, like a US version of Corblimey.

[AtW]

He already committed to reduce it to 17% by 2020, so he'd need a lot lower than 15% and much quicker - Korbyn won't make it much further and David Miliband would certainly win elections in 2020.