tag:blogger.com,1999:blog-6214838.post8381165496830533548..comments2024-03-04T17:54:32.559+00:00Comments on Iain Dale's Diary: Their Lordships Are Not AmusedIain Dalehttp://www.blogger.com/profile/03270146219458384372noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6214838.post-32050860278151945452007-10-18T13:44:00.000+01:002007-10-18T13:44:00.000+01:00As Bob Monkhouse put it:People always say: "You're...As Bob Monkhouse put it:<BR/><BR/>People always say: "You're a comedian, tell us a joke." They don't say: "You're an MP, tell us a lie." <BR/><BR/>I suppose the point is that some politicians just can't help being slimy little liars.<BR/><BR/>Clothilde SimonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-23898932636100603602007-10-18T10:44:00.000+01:002007-10-18T10:44:00.000+01:00Ian as far as the french go president Chirac can s...Ian as far as the french go president Chirac can suggest corporation tax drops to zero but it is only what president Sarkozy says that matters.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6214838.post-61579449639642515042007-10-18T10:00:00.000+01:002007-10-18T10:00:00.000+01:00It is a shame that MPs in general do not have a go...It is a shame that MPs in general do not have a good grasp of the way this government has been fleecing big companies wherever they can. The amount collected from corporation tax has doubled while the rate has gone down. This is nothing to do with the Laffer curve rather, it is companies paying a much higher effective rate. Quite a few large companies are paying corporation tax at an effective rate of 30%-40% on their accounting profits because of various disallowances and rules introduced by this government that mean their taxable profits are considerably higher than their accounting profits.<BR/><BR/>I even know of one company with a steady £60m turnover, nothing too spectacular, that has got hit with an additional £30m tax bill for this year simply because one of their shareholders sold a 25% interest in the company to another company. It is totally perverse, but it is a direct result of legislation written by fools in the 2006 Finance Act.Alexhttps://www.blogger.com/profile/13775753218753337766noreply@blogger.comtag:blogger.com,1999:blog-6214838.post-87995341841548510142007-10-17T21:16:00.000+01:002007-10-17T21:16:00.000+01:00Corporation Tax.Here's a question. Which is better...Corporation Tax.<BR/><BR/>Here's a question. Which is better for the country? Competing with other countries on tax or competing with other countries on wages?<BR/><BR/>I know which I'd prefer.Anonymousnoreply@blogger.com