Submitted on Saturday 13th August 2011
Published on Monday 22nd August 2011
Current status: Closed
Closed: Wednesday 22nd August 2012
Signatures: 2
Abolish Company Tax
Company Tax is a tax on jobs and investment and should be scrapped.
This will leave additional money in companies available for the purposes of investment and job creation, however any additional money which is paid out by the company to its ultimate owners is already taxed at personal tax rates which are higher anyway, so this will be a net gain to the Treasury without taxing jobs or investment.
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