The European Commission must conduct an impact assessment on the implications of its corporate tax proposals before it proceeds to the next legislative stage, Brian Hayes has said.
Last week the Labour Party set out plans to raise corporation tax as a way of funding additional spending on education. Corporate tax rates have been cut aggressively since 2010. School funding is being squeezed. A better-educated workforce would be good for economic growth. This looks like a win-win policy. Continue reading “There are pitfalls in both Tory and Labour plans for corporation tax”