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Thread: sign the petition

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  1. #10
    Join Date
    Oct 2009
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    Quote Originally Posted by millmoormagic View Post
    Kerr, please stop including other costs, the other costs arent included in this argument,what don't you get about that, you're picking figures out of thin air trying to justify a false position.....

    Please take into account the cost of corporation tax, for each dealer, one in the UK and one in Germany, their costs are in line with what the corporation tax rate is, so for example the German dealer will be 10% dearer, the UK raises their corporation tax 5%, this means that it is still cheaper by 5% than the German dealer, regardless of other costs, because corporation tax is already included in all those costs...or you could just do it like this....

    Take all costs out of the equation, here's the only equation that matters in this argument;

    So, let's take Germany as our example, the UK has a corporation tax of 20%, if Corbyn gets in power we raise that to 25%....Germany's corporation tax rate is running at 30%...

    So, we've gone from having a tax at a rate of 10% lower to one of 5% lower...so any companies will obviously be LESS attracted, but will still be better off here.

    This question is purely about corporation tax, get with the programme eh....

    I see you have mentioned Osborne and put him up as a shining light of economics, please tell me how much the national debt has risen under his tenure, while we're at it, the London Standard has just released it's figures and has lost £10 million since he took over as editor, yep, he's got his finger on the pulse that lad.
    You do realise that the car buying thing is an analogy don't you? I used it to try to explain how a number of factors play into the making of a decision in a business or otherwise.

    It would be ridiculous to take other costs out of the equation, because that is not how decisions are made. Or maybe that is how you do make decisions and you'd buy the more expensive car, because the paint element of the total price.

    Widget man can't take other costs out of the equation, because he is running a business. He can't decide to forget that, say, the English Channel, means that he has to pay far more than his German rival in transport costs when selling into Europe (Ireland excepted).

    I can't recall if you are a betting person, but I believe there is a concept called handicapping where some horses have to carry additional weight. Well, the UK is handicapped by it's location.

    P.s. If you decided to buy you car in Germany, you'd pay foreign exchange costs and have to pay to get it back to the UK, which is kind of part of the point I'm making.

    P.p.s. You didn't answer my question: which approach is more job creation friendly - upping the minimum wage and reducing corporation tax or upping them both?
    Last edited by KerrAvon; 14-07-2018 at 05:23 AM.

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