Jamie Whyte on BBC Radio 4

The current debate surrounding corporation tax is destroyed by the fact that people wrongly believe corporations can pay tax, Jamie Whyte told BBC Radio 4. Tax is borne by individuals such as the consumers, the shareholders or the employees.

Corporation tax is terribly complicated because it taxes profits, an already complex idea, Jamie Whyte said. If the Chancellor is determined to increase tax revenue, Jamie Whyte urged the government to abolish absurd corporation tax, which is incredibly expensive to administrate, and simply raise other taxes.

The problem with this however, is that the cost of tax always falls on the individuals, Whyte argued.

Listen to the full interview here. Segment starts at 23.15.