Who do the Tories want as their new Leader ?
Like I said, sod the public you represent, number fuddle the reasons and make more profit for business, help them dodge tax or they can move to the EU where things are better, nice policies for the wealthy, we dont need tax revenue for services, we can sell them off for more lovely profit and the public can pay out.The public possibly but upping corporation tax form 19% to 25% is IMHO NOT good for business
Many teetering on the brink of moving to the EU may decide enough is enough
Look at Ireland? 12.5 Corp tax and avg 3.5% GDP growth 13.5% since they took all the business from the UK after Brexit and the UK GDP dropped to a predicted 0.8% in 2022 post Brexit less than half it enjoyed on average through EU membership despite two recessions and a financial crash
Also, businesses OK with paying 19% (remember raised from 10% which it was for ages) may now decide tax avoidance measures stat making a lot of sense
End result: Small businesses bear the brunt and go under and investors looking to start a business think 12.5% will save them a ton of money they can reinvest in growth.
Yes the man on the street is so thick he's always going on and on about screwing businesses but his aim is out. We need to look at businesses NOT paying any tax not look at taxing the ones that are 30% more