I am we’ll aware that we have a government resistant to tax change in the UK right now, but governments always react to change in society and rarely create it. The demand for corporate tax reform is growing now to the point where change will have to happen: that’s the key issue here. That, and the fax that the resentment at a government creating 5.5% tax rates for multinational companies will be considerable, and it is such things that persuade people of the commitment of a government to fairness, or not, when voting.
If only all these people campaigning about corporate taxation would tell everyone what we all know about corporate taxation.
That whatever the rate, whatever the system, it’s not actually the companies that pay it. Once everyone understood that then we’d be able to have an adult conversation about how and where in the economy we should be raising the tax necessary.
But given that we’ve got entire armies of NGOs insistent on lying to the public on this point we can’t have that adult conversation, can we?
Companies don’t pay taxes. No, not never.