Labour and left wing government's tend to walk into parliament and immediately increase corporation tax, income tax, capital gains tax and any other taxes relating to big business/shareholder profits/higher salary workers
You generally tax the things you don't want to incentivise and give tax relief/lower taxes in areas which you do want to incentivise.
I know the status quo is, big business reaps all the profits whilst the working man is left with the crumbs but the moment you decide to increase the tax on the wealthy, you then reduce the opportunites for more jobs, pay rises, in job benefits, and investment back into the economy.
You don't make the poor richer by making the richer poorer.
Posted By: Basingstoke_Canary_J, Nov 16, 13:21:59
Written & Designed By Ben Graves 1999-2025