CPS: #ThePolicy

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Originally Posted by Centre for Policy Studies

WATCH: Maurice Saatchi, the man behind the £10,000 income tax threshold, has delivered a revolutionary new tax Policy which will see small and medium-sized businesses (SMEs) pay no corporation tax and which will abolish capital gains tax for their investors.

See ‪#‎ThePolicy‬ explained in 4 mins:

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https://www.youtube.com/watch?v=dTvg-vPDf4E

I follow the Friedmanite-Chicago mantra of cut taxation wherever and whenever, and so I naturally support this sort of policy. But coming from the CPS, this is a pretty radical policy that would abolish taxation in certain areas entirely for smaller firms.

Of course, Labour would never do anything like this because what has Labour ever known about economics: zilch. But in days gone by, the CPS was the brain of the Conservative Party and it's nice to think that something radical like this could become policy in a future government of whatever party. Oh, to only dream.

So what do you think? Should government be more radical with changes in taxation?

Loving all the communist imagery and their assumption that a purely capitalist ideology is somehow a socialist victory :P cutting taxes and welfare for individual and business growth, that totes sounds like socialism in action obv. It's a good idea obviously but a hilarious delivery of it

I was really confused wondering why the Crown Prosecution Service is dipping its toes into taxation and economic policy for a few minutes :P

I support any support for SMEs - they're drowning in the shadow of conglomerates which have a dangerously high market share yet can easily afford to pay to expand. So many of these large companies started from humble beginnings yet now any new company has to cut through so much red tape and pay so much, even just to rent property.