Reply to post: Abolishing Corporation Tax

Vodafone didn't have a £6bn tax bill. Sort yourselves out, Lefties

phaedrus_the_second

Abolishing Corporation Tax

> My own suggested change would be to simply abolish corporation tax

> and tax dividends and capital gains on shares at normal income tax rates.

Is it really a good idea that everyone could defer tax indefinitely by stashing their savings in a company?

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