Tim Knox: A cut in corporation tax will be beneficial to everyone (LSE Blogs)

A cut in the corporation tax may not be popular but it would be beneficial to everyone

CPS Director Tim Knox writes for London School of Economics on the benefits of cutting corporation tax.

“Our high corporation tax is punishing successful, revenue generating companies. Tim Knox argues that the Coalition government should cut the tax immediately so businesses and the country at large can reap the benefits of restored growth, innovation and a simplified tax regime.

We have heard rather a lot recently about how we must not tolerate “high rewards for failure”. There runs a logical corollary to this particular line: we should be equally enthusiastic about not imposing high penalties on success.”

Click here to view the full article courtesy of LSE

Click here to view David Martin’s How to Cut Corporation Tax

Date Added: Friday 17th February 2012