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Greg Greg
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Comments by "Greg Greg" (@SlowhandGreg) on "Truss: For Britain to grow Tories need to 'axe the tax'" video.
So Osborne's 19% tax rate cut Cost the Treasury 200 Billion in lost receipts while it was in place so how much GDP did it Generate? According to economists around 0.5% GDP which = 40 billion in additional tax What did companies spend the money on if they didn't reinvest it well quite simply in share Buy Backs boosting Stock price which in turn got the CEO's record payouts.
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So Osborne's 19% tax rate cut Cost the Treasury 200 Billion in lost receipts while it was in place so how much GDP did it Generate? According to economists it generated around 0.5% GDP which = 40 billion in additional tax while it was enacted What did companies spend the money on if they didn't reinvest it well quite simply in share Buy Backs boosting Stock price which in turn got the CEO's record payouts. The economy was growing under Labour when the rate was 30%
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So Osborne's 19% tax rate cut Cost the Treasury 200 Billion in lost receipts while it was in place so how much GDP did it Generate? According to economists around 0.5% GDP which = 40 billion in additional tax over its enactment What did companies spend the money on if they didn't reinvest it well quite simply in share Buy Backs boosting Stock price which in turn got the CEO's record payouts.
1
So Osborne's 19% tax rate cut Cost the Treasury 200 Billion in lost receipts while it was in place so how much GDP did it Generate? According to economists it generated around 0.5% GDP which = 40 billion in additional tax while it was enacted What did companies spend the money on if they didn't reinvest it well quite simply in share Buy Backs boosting Stock price which in turn got the CEO's record payouts.
1