Recessions are part of the economic cycle, they are to be expected, planned for and dealt with. Saying "we'd have been fine if it weren't for the recession" is like saying "w… (View Post)

I have seldom seen you make subtle puns. (View Post)

DavidL, I don't think "but we pay corporation tax" is a get-out-of-jail-free card for any other legally-defined tax, plenty of which exist. EG if I want to buy insurance, then there is… (View Post)

None of which prevents the government from instituting a tax, plenty of which exist, and almost all of which exist on top of corporation tax. (View Post)

Plenty of things are taxed above and beyond the profits of the firm. See duties etc That's hardly unprecedented. (View Post)