

Jan 31, 2016 -- 5:48PM, Dr Crippen wrote:
Now I believe they are spending 1£billion to build a new office in London to emply 5000 There you go. Tax them 'til the pips squeak and they'll go and build their new offices somewhere else.Who's the loser then? 5,000 jobs lost and all that tax VAT and national insurance down the drain. And 5,000 more to pay for on the dole.
They'd still build it surely, but would just realise slightly less profit on the balance sheet - mainly affecting those poor fat cat share holders having to accept lower dividends every year.
After all, the wage bill, for many of these multi nationals, is largely subsidised by taxation through working tax credits in the first place.