DC said “I would love to see tax reductions,”

[empip]

“but when you’re borrowing 11 per cent of your GDP, it’s not possible to make significant net tax cuts. It just isn’t.”

...At the moment tax law ensures that companies based here, with branches in other countries, don’t get taxed twice on the same money. They have to pay only the difference between our rate and that of the other country...
...under the new proposals, companies will pay nothing at all in this country on money made by their foreign branches...

So when 'our' Police and other services protect 'their' assetts in UK 'they' will likely be paying, if not the coming reduction in corporate tax fro 28% to 24% then SFA taxes - so we the tax payer pay.
'they' = medium to large scale business only - includes of course, BANKS !!

I guess that makes it worthwhile to move off shore - Thought 'we' voted for something different? Leopards don't tho', do they?

-0-

 

[Mickymoody]

All mirrors and smoke...he has no idea wtf he is taking about. He wasn't elected..This 'Community Spirit', is a no go...he's gonna die on his arse.