Should the U.K. raise or lower the tax rate for corporations?
On 23 September 2022, the government announced that the increase in the Corporation Tax main rate to 25% and the introduction of a small profits rate of tax from 1 April 2023. The U.S. currently taxes corporations at 21%, France at 26.5% and Germany at 15%.
58% Raise |
20% Lower |
48% Raise |
16% Lower |
11% Keep current rates but eliminate deductions and loop holes |
4% Lower, but eliminate deductions and loop holes |
1% Remove taxes on corporations and tax shareholder dividends instead |
See how support for each position on “Corporate Tax” has changed over time for 171k UK voters.
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See how importance of “Corporate Tax” has changed over time for 171k UK voters.
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Unique answers from UK users whose views extended beyond the provided choices.
@9M346Q46 days6D
Flat rate of tax across everything with no loopholes and variablity, at a fixed % for everyone and everything
@9M2FWSY6 days6D
Ensure all organisations in the are taxed but at a fair rate. For example Starbucks paying no tax over here because they have office in Ireland
@8WDG6XN3yrs3Y
depends on the business
@8VYLJHR3yrs3Y
Assessment on mulitnational and large corporations and determine a taxing structure based on either turnover or profits or both as required. Tax incentives should exist to encourage High street presence .
@DAVIE3yrs3Y
National debates will be held on the issue. The public will be asked via Liquid Democracy a series of questions on raising taxes on corporations and small businesses.
@8VD8XR53yrs3Y
Increase drastically for all corporations while lowering the tax rate for the working class
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