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Abolish Company Tax

Submitted on Saturday 13th August 2011

Published on Monday 22nd August 2011

Current status: Closed

Closed: Wednesday 22nd August 2012

Signatures: 2

Tagged with

Money ~ Tax

Petition Action

Abolish Company Tax

Additional Information

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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