Quote Originally Posted by WanChaiMiller View Post
Rate of Corporation Tax isnt the biggest influencer in making a decision of where to locate. Low Corp Tax in Ireland helped them in the past but equally without access to EU markets it would have been meaningless. Currently our relationship with the EU will have the biggest impact.

Just as a reminder during the first part of the 80s the Thatcher government squeezed money supply that forced a recession closing down huge numbers of businesses and brought about mass unemployement (depending on how you calculate figures upwards of 5m out of work - 10% of the population).
We now have the highest employment I think ever, low corp tax always instigates investment and at the moment Fintech and Hightech companies are the future. These companies can trade from anywhere in the world but raising their taxes would surely mean they would locate somewhere else.