hilts
Well-Known Member
I'm glad you said that I was beginning to wonder.
That said I think the policies are too extreme for people to vote for.
For example, I could have voted for a McDonnellesc budget if lots of it was turned down. No trading tax (that is an instant 2%+ tax on peoples pensions) and no more than 1% rise in Corporation tax per anum. It still wouldn't deal with companies exporting profits by buying Irish, Luxemburg or Tax Haven air (along with other goods) for much more than the market rate. Only a turnover tax for corporations stops that - A great UKIP policy BTW - I fail to see why other parties have not adopted it it renders tax evasion totally useless!
Not an expert but wouldn't a turnover tax cause problems with reinvestment or even cripple companies that are not making much or even any profit?