David Gauke

@DavidGauke ↗

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Last Checked May 10, 2021

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Sat Mar 06 11:49:00 +0000 2021

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David Gauke @DavidGauke

The argument is that the economy might grow faster than the OBR expects, resulting in additional tax receipts so the CT increase isn't necessary. There's a lot of uncertainty about the economy's performance & it's quite possible we outperform OBR forecast but even if we do... /2 — PolitiTweet.org

Posted March 6, 2021

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David Gauke @DavidGauke

A few people have speculated that - in the end - the Government won't increase the corporation tax rate to 25% in 2023. Amongst those people - rather surprisingly - is the Business Secretary. Here's a quick thread on why (unfortunately) it will happen. /1 https://t.co/pkp7u0YsSj — PolitiTweet.org

Saturday interview with Kwasi Kwarteng: * He's 'bullish' about recovery & thinks if there's strong growth corporat… https://t.co/Gys7F…

Posted March 6, 2021

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David Gauke @DavidGauke

.. I doubt that cutting the CT rate would be a priority. If an economy is growing well, the pressure to prioritise business tax is reduced ('business is doing fine, they don't need it'). If, late in a Parliament, there's room for tax cuts there are more voter-friendly options. /3 — PolitiTweet.org

Posted March 6, 2021