Z.

I assure you I do everything in my power to pass on all my costs and a huge profit to all of my business associates including both employees and customers. Only an idiot would do otherwise, whataya think I do this for, my health?

Often I am successful in passing on costs, including taxes and tax increases, to the employees. I don’t lower wages to a particular employee., but I raise them as little as possible and sometimes I lay off an employee and hire new ones at lower rates.

I would far rather pass on costs to staff than customers. Did I read somewhere that the costs get allocated between staff and customers 70-30? That seems about right to me. Staff have much less power than customers, who can go elsewhere more easily than staff.

Do you people have any idea of how a business really runs, or do you make this stuff up out of moonbeams and thin air?

In the case in hand, corporation tax is basically income tax paid on behalf of shareholders. If this rate were the same as flat-rate income tax deducted from salaries, we would arrive at a least-worst position.

To argue that corporation tax hits employees is stupid as well. Seeing as employees work for their net wages, an increase in income tax means that corporate profits go down, so it’s six of one half a dozen of the other AFAICS.

And neither tax is as bad as VAT.

It’s not that taxes on business ‘might be shifted’ – that’s a sleight of hand argument, typical of the TJN shysters – but that although the Company Finance Director might sign the cheque to the Revenue, the funds to back the cheque have come from employees, customers, suppliers and shareholders and nobody else.

The fact that they don’t recognise this tells you all you need to know about them. Marxists , the lot of ‘em.

Any system that can currently – and even more so after tomorrow – take more than 50% of each additional pound earned can never b e just.

You left out the waxed moustaches.