Weststander
Well-known member
26% from Labour is for future fiscal years too, and is yet what the press and IFS have latched onto, so only right it’s compared with the 17%. Do you think countries undercutting each other on corporate tax is a good thing?
No, it’s not, when taken to extremes .... Netherlands, Lux and Ireland. A crafty race to grab all the inwards investment, jobs and PAYE from tax avoiding multinationals.
But many of us on NSC yearn for a Swedish/Danish/Finnish type economy, and they’ve all settled on a CT rate of about 20%. I bow to their knowledge and fairness. It’s a balancing act in keeping/incentivising domestic entrepreneurs and attracting solid overseas companies.