Tories’ plan to make the UK an ‘immoral tax haven’ is voted through… by Tories

Last Updated: September 6, 2016By
Theresa May: She sacked George Osborne but her policies are the same as his: More money for the rich, less for the rest [Image: Getty Images].

Theresa May: She sacked George Osborne but her policies are the same as his: More money for the rich, less for the rest [Image: Getty Images].

As the great Harry Leslie Smith states: “Don’t ever let Tories tell you that want to make UK a more equal society b/c all they do is make the 1% wealthier.”

Tories have blocked a bid to halt their corporation tax cut despite being warned they’ll turn Britain into “the world’s next big immoral tax haven”.

Labour MPs failed in their attempt to stop the cut as they voted tonight on the details of George Osborne’s March Budget.

Corporation tax will have plummeted from 28% to 17% under 10 years of Tory rule – despite crushing austerity hitting workers.

Shadow Treasury Minister Rebecca Long-Bailey said: “We should not be engaging in a race to the bottom to become the world’s next big immoral tax haven.”

Source: Tories vote for corporation tax cut despite being told they’ll make Britain a ‘big immoral tax haven’ – Mirror Online

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2 Comments

  1. David September 7, 2016 at 10:24 am - Reply

    So much of present toryism goes back to Thatcher. She gave rise to perhaps the most shameless political ideology of modern times and her rotten philosophy infected the Labour and Liberal parties giving us Blairism and the Tory/Lib Dem coalition. Thatcher was, I think, deranged, and people like Tebbit, Parkinson, Lawson and Whitelaw, who
    should have reigned her in went along with her in the most cowardly, yet opportunistic way imaginable. Thatcherism undermined our civil society and scuppered any kind of liberal idealism. Every man for himself, stuff the less well-off. A new idea arose as Thatcherism went along: the rich can never be rich enough, so make savings by avoiding the taxes that any self-respecting person would pay. Make the poor pay more in tax instead to make up the shortfall. Starve the NHS of funds, but subsidise privatised industries. Put rogue, scarcely accountable outsourcers like G4S, Serco and their ilk in charge of national matters and now, turn the UK into a tax haven for the extremely rich, the giant corporations and multi-nationals. Get foreign countries to build our power stations and other enterprises at a breathtaking cost. Thanks, Thatcher, your real legacy is the unutterable immorality and shamelessness of the tory party.

  2. paulrutherford8 September 7, 2016 at 12:43 pm - Reply

    May has the same sort of eyes as Thatcher… predatory.

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