Friday 27 May 2011

Could A Cut In Corporation Tax In The Six Counties Help Create 58,000 New Jobs?

According to a new paper by the Economic Advisory Group a cut in the North's Corporation Tax could help create 58,000 new jobs here by the year 2030. It also says that the cut would improve the standard of living by £24,500 per person. And it would increase export sales to 15 Billion. But would large companies invest the savings they make in tax cuts here or take the money and run? And how much would the Treasury in London cut from the Budget here? These questions need to be answered before any tax cut takes place.


http://www.belfasttelegraph.co.uk/business/business-news/cut-in-northern-ireland-corporation-tax-lsquowill-create-58000-jobsrsquo-16004879.html

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