David Gauke

@DavidGauke ↗

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Last Checked May 11, 2021

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Sat Mar 06 12:15:54 +0000 2021

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David Gauke @DavidGauke

So it's not certain that there'll be fiscal space; if so it will probably go on spending; if it goes on taxes it'll be on personal tax; if there's scope for cuts in business tax, it might not be on CT; if it's on CT, it'll probably be to narrow the base not lower the rate. /8 — PolitiTweet.org

Posted March 6, 2021

Preceded By

David Gauke @DavidGauke

Not going ahead with the CT rate increase would look like a U-turn - an admission of a mistake. And even reversing the increase wouldn't undo all the damage - businesses want certainty & when it comes to the CT rate, that's already been lost. /7 — PolitiTweet.org

Posted March 6, 2021

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David Gauke @DavidGauke

That's not to say I think the increase in the CT rate is a good idea for the reasons set out below. I'm also a little sceptical about the vfm of the super-deduction (I fear there'll be a lot of deadweight). But I think we're stuck with the 25% CT rate./END https://t.co/MDZDdjSr9Q — PolitiTweet.org

At a time when Brexit makes the UK a less attractive location for business investment, increasing the corporation t… https://t.co/2v7atpSNds

Posted March 6, 2021 Hibernated