Labour are plain wrong about corporation tax. We have cut it and it has resulted in MORE tax raised to spend on children’s services. While reducing corporation tax from 28% to 19%, the amount collected has increased from £37billion to £50 billion (09/10 to 2016/17) #financebill
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Replying to @redditchrachel
Plus it helps small businesses expand and employ people rather than struggling to pay 28% of their profits in tax. I think people forget that if you only make a small profit then 20% is a lot to pay. We aren't all huge corporations with very big balance sheets and sitting on cash
2 replies 4 retweets 19 likes
Replying to @RachelCarnac
Spot on. Lower corporation tax helps small businesses expand and create jobs for more people- it’s a win /win.
1 reply
1 retweet
9 likes
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