Tax and Fiscal Policy

Abolish corporation tax to kickstart our recovery


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IEA expert quoted in The Daily Telegraph

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Annabel Denham writes for The Spectator

Professor Philip Booth writes for City AM

In a wider piece exploring tax reforms that could boost the economy once this crisis has passed, Professor Philip Booth called for the abolition of corporation tax.

He writes: “Corporation tax should now be abolished. Instead of taxing companies, we should tax their owners, wherever they live, on the dividends they receive and the profits that are retained in their name. This would align the systems for taxing equity and debt finance.”

Read the article in full here.

 



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