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  • 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%

  • 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

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