To stimulate the economy you want money circulating and being spent on stuff. Raising corporation tax is potentially diverting money from disappearing into rich people's bank accounts where it won't be spent and putting it into public services and projects where it will be.
No idea if Mr Keynes would agree, or whether it would be better to just print more money and worry about inflation later.
To stimulate the economy you want money circulating and being spent on stuff. Raising corporation tax is potentially diverting money from disappearing into rich people's bank accounts where it won't be spent and putting it into public services and projects where it will be.
No idea if Mr Keynes would agree, or whether it would be better to just print more money and worry about inflation later.