Originally posted by jamesbrown
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Reply to: Breaking news - Corp tax will be 15%!!!
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Previously on "Breaking news - Corp tax will be 15%!!!"
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Originally posted by BlasterBates View PostThe most important thing is the fact that the border adjustment tax isn't in the plan.
This is good, this is very good.......
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Originally posted by BrilloPad View PostBusinesses of a decent size only pay 0.00001%
Instead of welfare we have corporatefare.
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The most important thing is the fact that the border adjustment tax isn't in the plan.
This is good, this is very good.......
I'm beginning to warm to Trump.
Shame really as the UK carries on its protectionist rampage the US double backs and resumes business as normal, leaving the UK conspicuously alone in the new "World order". A "beacon of light", isn't that the phrase Liam Fox uses.
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Businesses of a decent size only pay 0.00001%
Instead of welfare we have corporatefare.
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Originally posted by AtW View PostUK simply won't cut it...
It is a big deal, but it's also just the headline rate. The states levy corporate taxes too. The US corporate tax system is nuts, so it needs reform. There are high headline rates and myriad ways of reducing those rates. I'm not sure they'll get 15% through Congress though. If they do, I wouldn't expect May to respond with her new majority. If she did, it would have to be alongside a complete overhaul of taxation on distributions
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Breaking news - Corp tax will be 15%!!!
In America...
US Treasury secretary: Business tax will be 15% under Trump's reforms - business live
https://www.theguardian.com/business...-business-live
Tory Scum now got a real problem - 17% corp tax in UK simply won't cut it...Tags: None
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