This petition was submitted during the 2015-2017 parliament
Petition Abolish corporation tax and impose a land value tax of 1%.
Corporation tax is as outdated as window tax. Only small and poor companies pay it, the big and rich companies do not. It is a pointless, optional tax that diverts brainpower away from constructive applications. Scrap it. A land value tax of 1% will bring in more money and cannot be dodged.
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Corporation tax dates from a time when the biggest enterprises were steel works and railways, not search engines and social networks. We should stop complaining about tax havens and become one.
This petition is closed This petition ran for 6 months
18 signatures
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