Last year’s three-part series on corporate tax rates (here, here, and here) primarily focused on the case for low rates in the United States.
Today, we’re going to look at why the United Kingdom should have a low corporate tax rate.
Though the arguments don’t change simply because we cross the Atlantic Ocean.
A low corporate tax rate is a good idea because it means more investment, higher productivity, and better wages.
That’s true in the U.S., it’s true in the U.K., and its true in every other nation.