Union attacks tax cut campaigners
TUC hits out at business calls to slash corporation tax and improve competitiveness
Calls from business to cut corporation tax and improve tax competitiveness
have been described as a ‘tax dodgers’ charter’ by the Trades Union Congress.
The TUC said pressure from big business and the Conservatives for tax cuts
would lead to cuts to public services and compromise government’s fight against
child poverty.
The CBI has called for Alistair Darling to pledge to cut corporation tax to
18% within 8 years in his Budget on Wednesday, the Engineering Employers’
Federation is pushing for a rate of 25% by 2010 and the Conservatives want the
rate cut to 25%.
‘The Chancellor must use his budget to give a firm no to this special
pleading,’ said TUC general secretary Brendan Barber.
Further reading:
Read the TUC
statement on tax cuts here
CBI urges ‘radical’ overall’ of UK’s corporate
tax