TaxPayers’ Alliance responds to the increase in corporation tax

Responding to the planned rise in corporation tax, John O’Connell, chief executive of the TaxPayers' Alliance, said:

“Taxpayers will be bitterly disappointed to see commitments to lower the 70 year high tax burden have been ditched. 

“With a Tory tax rise back on the cards and their fiscal plans in chaos, this government’s u-turns risk extending the misery of a high-tax, high-spend, low growth economy for years to come.

“We have to live within our means, so sensible spending restraint supporting a balanced plan for easing the tax burden is the only path to prosperity.”