Free Markets, Free People
The UK government apparently “gets” how to help create jobs
Much more so than does the President of this country apparently:
Chancellor George Osborne has announced a number of measures to try to help business in his Budget.
Corporation Tax will be reduced by 2% from April 2011, rather than 1% as previously intended, and fall by 1% in the next three years, to reach 23%.
Mr Osborne also said that he was looking to boost enterprise and exports, as part of a Budget "for making things".
He said he also wanted the UK to be the best place to establish a company.
"Cuts in the burden of corporation tax, that will be worth around £2bn per annum when implemented over the coming years, are likely to be particularly beneficial for big multinational companies," said BBC business editor Robert Peston.
"And a significant lifting of planning constraints will delight much of the corporate sector."
He added: "With the corporation tax changes – and the recent pledge by Vince Cable to slash red tape – they represent a loosening of alleged shackles on the corporate sector."
And business body the CBI said the Budget would help business grow and create jobs.
Wow … what a concept. Cut business taxes and attract businesses, create jobs and actually increase government revenue.
Now, there’s a “jobs bill” for you.