George Osborne pledges to cut corporation tax.....even further

padington

TrickyTree83 wrote: »

Parliament will uphold the vote.

Are you prepared to put money on that ?

TrickyTree83

padington wrote: »

Are you prepared to put money on that ?

I wouldn't put money on anything, football, cricket, rugby, horses, dogs, I used to work in a bookies in my youth - it's a mugs game.

All the noise from the MP's currently in parliament is that they will uphold the vote.

The consequences of this legal challenge being successful are wide ranging and in my opinion quite dire. Not just on issuing article 50, but any other action that parliament has ever taken without an act of parliament is then open to challenge.

padington

TrickyTree83 wrote: »

I wouldn't put money on anything, football, cricket, rugby, horses, dogs, I used to work in a bookies in my youth - it's a mugs game.

All the noise from the MP's currently in parliament is that they will uphold the vote.

The consequences of this legal challenge being successful are wide ranging and in my opinion quite dire. Not just on issuing article 50, but any other action that parliament has ever taken without an act of parliament is then open to challenge.

Talk is cheap, money buys houses.

TrickyTree83

padington wrote: »

Talk is cheap, money buys houses.

Translated as "I'm going to ignore what you've said because you don't gamble.".

Herzlos

HornetSaver wrote: »

Correct me if I'm wrong, but I was under the impression that corporation tax is worth circa £50 billion to the treasury. And that quarter of that would be £12.5 billion?

And correct me if I'm wrong, but I was also under the impression that our net contributions to the EU (payments to the EU budget less what we directly receive back from it) amount to circa £10 billion a year. And that £10 billion is lower than £12.5 billion?

Well, yup, this was never about the money we spend on the EU, as any other option that might actually happen will cost us way more than we give to the EU.

CLAPTON

Herzlos wrote: »

Well, yup, this was never about the money we spend on the EU, as any other option that might actually happen will cost us way more than we give to the EU.

yes, its always been about free trade with the whole of the world and the primacy of the UK parliament

Jonbvn

If Gideon does succeeds with this, our economy will have some parallels with that of Switzerland. Given the political parallels due to BREXIT, one wonders if this is deliberate or not?

Crashy_Time

padington wrote: »

Are you prepared to put money on that ?

The Tories are finished if they don`t uphold this, and there will be very nasty social unrest as well. You lost, just suck it up and move on. London house prices are going to fall, suck it up and concentrate on more positive things.

Thrugelmir

cells wrote: »

IT seems to have worked well for ireland but maybe some other factors at play there.

Hardly surprising that US Corporations are based there for tax purposes. Some 700 or so. A rate of 12.5% is very attractive. Notable names include.

Intel
Boston Scientific
Dell
Pfizer
Google
Hewlett Packard
Facebook
Johnson and Johnson
Paypal
Apple
AirBnB
Ebay
IBM
Microsoft
Oracle
Yahoo

Same issues existed as before Brexit. For the EU to function has to be a level playing field. EU cannot complain now just because the UK wishes to be more competitive.

padington

Crashy_Time wrote: »

The Tories are finished if they don`t uphold this, and there will be very nasty social unrest as well. You lost, just suck it up and move on. London house prices are going to fall, suck it up and concentrate on more positive things.

There's not enough pro leave MP's.