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Britain to Cut Corporate Tax Rate to Create Jobs

Via Reuters:
Britain will cut the main rate of corporation tax to 20 percent from April 2015 to try to boost investment and create jobs, finance minister George Osborne said on Wednesday. “Britain will have a 20 per cent rate of corporation tax – the lowest business tax of any major economy in the world,” he told parliament in his budget statement. “That’s a tax cut for jobs and growth.”. . .

There's only one thing to say to Dems in Congress about this move: duh. - Greg Pollowitz


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