Quote Originally Posted by KerrAvon View Post
Lol. In my typical working day I have to be able to interact and relate to people from across the whole range of society, to the point where I sometimes joke to the interested that I have to be several different people every day and sometimes forget who the real me is.

If you want me to be a Tory supporter I can do that. I’ll be a card carrying member if it meets some sort of need that you have. I'm always happy to help. The fact that I have never voted Tory in a General Election is a minor detail that we can agree to skate over.

It is you who advocates a rise in corporate taxes, so tell me how high you would take it. As I say, if it can be increased with no adverse effects as you repeatedly assert or imply, surely you’d take it to 100%? Imagine the money you’d have to spend on public services!

Here’s a link to the article by the Adam Smith Institute: https://www.adamsmith.org/blog/the-e...orporation-tax

I appreciate that the ASI is an organisation that champions free-market economics and that its views have probably never been repeated with approval in The Guardian, but, perhaps you could formulate a response to the arguments in the article as opposed to simply repeating the mantra that Corporate Tax rates are higher in some countries than in the UK? That has been the only response to date.
Thanks for that article. I somewhat biased interpretation of the revenues raised. You might want to check the Full Facts which states:

"The amount collected by the government hasn’t risen simply because the rate has fallen. Successive policy costings done under the Coalition and Conservative governments suggest it would have collected more in corporation tax if it hadn’t lowered the rates (even though such estimates are quite uncertain). You’d expect the cash value of corporation tax receipts to rise each year as the economy grew, all else being equal" https://fullfact.org/economy/corporation-tax-rates-and-revenues/"

In short, yes we raised record amounts, but how much extra could we have raised with a higher tax rate?

I've already made clear that I don't believe in raising corporation tax above and beyond the G7 or other countries with whom we compete, for obvious reasons that we are in a market economy. So don't ask me to justify an argument I'm not proposing. Instead please finally answer my question about where you would stop with your corporation tax cuts? If you are so confident that cutting corporation tax = increased public revenue, why stop at 20% Why not 10%? Or 5% Or 2%? Why won't you answer that question?

For my part, I would probably go along with Labour's proposed rise to 26%, which would still be the lowest in the G7 and highly competitive in the world market. Hence why you know, in your heart, that wealth will not flee the country as there ain't many places to go! The Institute for Fiscal Studies has a fairly balanced of the economic logistics of this here: https://www.ifs.org.uk/publications/9206.

So you've never voted Tory, despite your obvious passion for a deregulated free market system, satisfaction with the achievements of such a system with the world you see around you as you walk around our streets, and fear of an even vaguely socialist alternative that might be in the offing? You've never voted Tory? So what have the Tories done not to deserve your vote? On what do you and them differ that stops them securing your X?