4 ms·
I'm not sure about the successful business piece. Look at the protests over tax dodging by companies. I'd say that kind of attitude is common in the US, but l
by raesene9 8y ago
I'm not sure about the successful business piece. Look at the protests over tax dodging by companies.
I'd say that kind of attitude is common in the US, but less so in the UK.
Albeit I'm seeing things from a Scottish rather than English perspective, but I've not seen an appetite for lower company taxes..
My guess for continued support of this kind of policy is that people think other things are more important (e.g. brexit) + tribalism in voting habits (we've always voted that way round here) + of course the terminally broken FPTP voting system.
- repolfx 8y agoCompany taxes are being lowered because last time that was done, tax take went up not down. That is lower corporation tax = more tax revenue and it's revenue that matters.
- raesene9 8y agofor the UK? you got a citation for lower rates == increased revenue? the only close example I can think of in the UK is the higher rate income tax band bit and that turned out to be clever accountants banking on the fact that a change in gov. would lower the rate so they time shifted income into the period where it was lower...