That Starmer fella...

You are reading a single comment by @deleted and its replies. Click here to read the full conversation.

•

Lebowski

Corporation tax is currently 19%, which is ridiculously low. If the Conservatives are even thinking about raising CP, Labour should be wholeheartedly behind the idea and pushing for a windfall tax and a wealth tax while they are at it. To not do so is madness

•

deleted in reply to @Lebowski

19% is actually high. The issue being no fucker pays 19%. Even more endemic when you thin about big business.

e.g. Google post profit of £1.6B, pay CT of £44m = 2.75%

•

andyfallsoff in reply to @deleted

No, Google posted revenues of 1.6bn, not profits.
•

Lebowski in reply to @deleted

Completely agree that big business, especially multi-nationals are paying far less than the sticker price.

However, 19% is a very low CP tax rate among OECD countries:
US - 27%
Germany - 30%
France - 26.5%
Italy 24%
etc

About

@deleted started