Re: The Chronicles of Rishi
Quote:
Originally Posted by Sephiroth
The budget is shit. Putting up corporation tax will put prices up = inflation. That's because companies will want to offset the additional profit tax via increased prices so that their net after tax is at least the same. The average punter is the loser, again.
John Redwood is absolutely right: reduce Corporation Tax to 15% (matching Ireland) and then see where the investment goes.
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Its the last budget before the general election you want to watch as no doubt they will announce tax cuts to try to bribe the electorate.
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“The only lesson you can learn from history is that it repeats itself”
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