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If corporations are paying extremely low tax, then the shortfall in government finances has to be made up elsewhere. It doesn't matter whether it's a race to ze
by drcongo 14y ago
If corporations are paying extremely low tax, then the shortfall in government finances has to be made up elsewhere. It doesn't matter whether it's a race to zero or not, if government is not earning on corporation tax then it comes down to personal taxes on the people of that country. How is it fair for a multi-billion pound company to pay near-zero tax, and the shortfall to be made up by individuals? All this will do is increase the gap between the richest and the poorest people, and have a negative effect on social mobility. Frankly, I don't want to live in your future.