David Gauke

David Gauke @DavidGauke

Really enjoyed interviewing @christopherhope who was very open and honest about how he thinks of Daily Telegraph readers, the role of a campaigning journalist and his Parliamentary ambitions! — PolitiTweet.org

David Gauke @DavidGauke

RT @jillongovt: @DavidGauke v fair... honourable exceptions.. but too few.. (we needed you in the debates..) — PolitiTweet.org

David Gauke @DavidGauke

@jillongovt TBF Some of us tried to have this debate. — PolitiTweet.org

David Gauke @DavidGauke

RT @DavidHenigUK: Another day, another UK "ramps up pressure" in trade talks story. Forget the empty threat stuff, there's a real story her… — PolitiTweet.org

David Gauke @DavidGauke

RT @pmdfoster: We often hear #brexit economic forecasts were all wrong. Nothing has happened! The doomsters were wrong! Not right, per fa… — PolitiTweet.org

David Gauke @DavidGauke

RT @reactionlife: Taxing the US tech giants is tricker than it sounds - and Britain will face challenging international trade negotiations… — PolitiTweet.org

David Gauke @DavidGauke

RT @DanesEdTrust: A wonderful experience for Students @SCDSchool today who were part of a special episode of the @Telegraph’s weekly @brexi… — PolitiTweet.org

David Gauke @DavidGauke

RT @iainmartin1: Taxing the tech giants is trickier than it sounds. (@DavidGauke for Reaction @reactionlife) https://t.co/GXdfJrhMZ4 — PolitiTweet.org

David Gauke @DavidGauke

@christopherhope @brexitbroadcast Looking forward to it! https://t.co/iP7oV3umLY — PolitiTweet.org

David Gauke @DavidGauke

RT @BBCNewsnight: “The sense that the big US tech companies are getting away without paying any tax whatsoever” is something that unites bo… — PolitiTweet.org

David Gauke @DavidGauke

RT @BBCNewsnight: “The greater the sovereignty you’ve got… the purer the Brexit you’ve got, the less market access you will have” – David G… — PolitiTweet.org

David Gauke @DavidGauke

RT @BBCNewsnight: "I think the Chancellor has to go ahead because of the political pressure... I think it's highly likely we won't get a US… — PolitiTweet.org

David Gauke @DavidGauke

RT @EdConwaySky: Excellent, nuanced thread on the digital services tax from a former Treasury minister. In short, even leaving aside the po… — PolitiTweet.org

David Gauke @DavidGauke

The Govt won’t want to be seen as being bullied by the US. And they’d like the revenue. But nor is it in our intere… https://t.co/fT336xW3Fi — PolitiTweet.org

David Gauke @DavidGauke

Without cooperation you might get double taxation and barriers to trade. A properly functioning international tax system is an important requirement for global free trade. So the Government faces a tricky situation. The political pressure to bring in the DST is strong. /12 — PolitiTweet.org

David Gauke @DavidGauke

Wouldn’t we rather be able to tax the profits where the value is created not where the customers are? In the long t… https://t.co/wst8grM85H — PolitiTweet.org

David Gauke @DavidGauke

Is this in the UK’s long term interests? We’re rather good at creating value - the creative industries, pharmaceuticals, tech, professional services etc. In a world of an ever growing middle class, there are big opportunities for us in the decades ahead in China, India etc. /10 — PolitiTweet.org

David Gauke @DavidGauke

Is this in the UK’s long term interests. We’re rather good at creating value - the creative industries, pharmaceuticals, tech, professional services etc. In a world of an ever growing middle class, there are big opportunities for us in the decades ahead in China, India etc. /11 — PolitiTweet.org

David Gauke @DavidGauke

But shouldn’t we tax more on the basis of where the revenues come from? That’s the direction the OECD is going and this is probably consistent with what most people think is fair. /9 — PolitiTweet.org

David Gauke @DavidGauke

If the US system had worked properly, more of these companies would’ve paid tax - but not in the UK. There’s a genuine competition point here (the US tax system essentially involves an export subsidy, it taxes domestic activity but not profits from overseas)./8 — PolitiTweet.org

David Gauke @DavidGauke

But, as everyone knows, it’s not properly taxed there. US tech companies have been able to engage in aggressive tax… https://t.co/b2VWozdU3M — PolitiTweet.org

David Gauke @DavidGauke

Working out where the value is added for a tech company is more complex but, in reality, much of it will be in the… https://t.co/qHmY8gpZkT — PolitiTweet.org

David Gauke @DavidGauke

To give a simple example, the profits of a French wine producer exporting to the UK belong in France, even though the revenue is in the UK. Nobody has much of a problem with that. /5 — PolitiTweet.org

David Gauke @DavidGauke

Second, where should the profits be allocated? The international tax system basically attributes profits on the basis of where the value is created not where the revenues are raised. /4 — PolitiTweet.org

David Gauke @DavidGauke

But there are a few problems. First, corporation tax is a tax on profits. Some of these companies are immensely pro… https://t.co/DHu3KpWc6H — PolitiTweet.org

David Gauke @DavidGauke

It is an issue that unites the anti-capitalist left with large and small domestic businesses. The role of a Treasury Minister trying to explain why a big US tech company is not paying much corporation tax is a very difficult one, believe me. — PolitiTweet.org

David Gauke @DavidGauke

A few thoughts on the Digital Sales Tax row (and not focussing on the 'this independent trade policy thing is not a… https://t.co/VYiuxlWcMS — PolitiTweet.org

David Gauke @DavidGauke

RT @Sime0nStylites: Excellent piece. The mysterious case of the unconservative conservatives. — PolitiTweet.org

David Gauke @DavidGauke

RT @t0nyyates: @DavidGauke Some years ago, it would have been unimaginable that a former Tory minister had to spell out to fellow Tories th… — PolitiTweet.org

David Gauke @DavidGauke

‘The public finances have to be sustainable. Taxpayers’ money should be spent wisely. By and large, the market and not government should determine which businesses survive. Free trade is a driver for prosperity.’ The case for respecting these values. https://t.co/P4ntMbcnRn — PolitiTweet.org