A foolish tax hike
LEAVING the EU was meant to unlock Britain’s swashbuckling entrepreneurial spirit, turbocharging prosperity.
Instead, Chancellor Jeremy Hunt risks choking off our post-pandemic recovery by heaping more taxes on the economy.
Pressing ahead with a six percentage point rise in corporation tax on April 1 would hammer businesses, deter inward investment, jeopardise jobs and undermine competitiveness. Abandon the hike, Chancellor – don’t be an April Fool.