Submitted on Friday 25th November 2011
Published on Friday 25th November 2011
Current status: Closed
Closed: Sunday 25th November 2012
Signatures: 3
UK Corporations that transfer their workloads to other countries should be taxed at 80%
The current world economic crisis is the result of corporations relocating their manufacturing industries abroad in third world countries where costs are low.
UK Corporations investing in the building of factories abroad should pay an 80% rate of tax on profits.
UK Corporations that register abroad to avoid this tax should be nationalised.
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