As Clement Attlee stated on the day before the NHS came into being:
"You can't distribute wealth until it has been created. Flourishing public servives depend upon a profitable private sector. You can't have care without enterprise."
We all know that Gordon Brown has been so busy concentrating on how he will spend other people's money that he has failed to balance the books. Today think tank Civitas suggests that we need to cut coporation tax to 15% to stimulate growth by attracting businesses and jobs to Britain.
2 comments:
Dr Tempest, the range of topics you cover is fascinating: healthcare (a staple feature), defence, the economy, business, education...
I wonder how a lower corporate tax rate would change the capital structure of businesses. I wonder whether anyone has done any analysis to investigate the relationship between corporate tax rates and levels of borrowing (or, as our American cousins would say, leveraging)...
Another thought-provoking post. Many thanks.
Very interesting remarks from Clement Atlee. If only modern Labour Ministers thought like him. Yet another inciteful blogpost from one of the Conservative's most thoughtful Candidates.
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