The CBI think we pay too much tax and so do you

A CBI report says that business taxes will need to be cut to keep the UK competitive in the world market.

According to the results of my (very unscientific) poll last month you agree. The readers of this site are not a representative sample and the polling numbers are small but the results are pretty conclusive.David Cameron was down to speak to the CBI but changed his plans and is now in Iraq visiting the British troops, George Osborne has taken his place and has committed to a rebalancing of taxes rather than a big reduction in taxes.

There have been rumbles of discontent within the CBI about the Conservative party’s traditional support for business. David Cameron’s short notice change of plan and George Osborne’s speech won’t have pored oil on those waters.

2 responses to “The CBI think we pay too much tax and so do you

  1. How far could taxes be cut if such cuts were ‘funded’ by cuts in welfare payments? Such cuts might also incentivise benefit recipients to actually go out and get a job by making work pay!

  2. How far could taxes be cut if such cuts were ‘funded’ by cuts in welfare payments? Such cuts might also incentivise benefit recipients to actually go out and get a job by making work pay!

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