tag:blogger.com,1999:blog-4332582469324010500.post546294334893375386..comments2024-01-16T12:22:10.415+00:00Comments on We are not the beautiful: What's that coming over the hill? It's not conservatismWe are not the beautifulhttp://www.blogger.com/profile/12469463466277712732noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4332582469324010500.post-29794098663232783782011-08-06T10:18:34.083+01:002011-08-06T10:18:34.083+01:00The truth about tax is stark and as relevant for c...The truth about tax is stark and as relevant for conservatives as well as left-wingers. In the UK, corporation tax was 52 per cent in 1973. It will be 23 per cent in 2014:<br />http://www.newstatesman.com/economy/2011/02/corporation-tax-rates-ireland<br /><br />According to a National Audit Office Report in 2007, one third of UK companies paid no corporation tax at all:<br /><br />http://www.timesonline.co.uk/tol/money/tax/article3965272.ece<br /><br />http://www.telegraph.co.uk/finance/migrationtemp/2815013/How-to-make-1bn-go-up-in-smoke.html<br /><br />It's interesting that the US has one of largest levels of corporation tax I think the level is often made meaningless by exemptions and tax breaks and the fact that few companies actually pay it.<br /><br />I can't see anything specifically left-wing about collecting taxes so the tax burden doesn't fall disproportionally on ordinary people. It's obvious.We are not the beautifulhttps://www.blogger.com/profile/12469463466277712732noreply@blogger.com