But they didn't, they chose countries like Germany Spain, France with CT in the 30% bracket, despite 10% or the UKs 19% we didn't see VW move production to Newcastle or Dublin
Germany, France etc have other attractive features like decent infrastructure, skilled workforces, and single market access. Technology and manufacturing is supported through educational infrastructure with high quality technical education and apprenticeships so that the skills base exists
You re just repeating what i said
If it were so simple that low CT attracts FI everyone would do it but they don't, even the US CT rate is 21%... has Apple/MS moved to ROI yet?
Are you seriously comparing the US economy to the UK economy?
How on earth did you draw that conclusion??? though posters have bought up that large US corps are based in ROI because of low CT...
Tax rates are not the only reason countries locate in country x or y, tax rates are also volatile, companies look at workforce, access to other markets, education/public services for their workforce, few companies will chose a country where their staff cannot get basic healthcare..... or where workers are stuck on unreliable trains/traffic jams
Nobody said they were the only reason. However, if you wish to change things you meed to first address the issues that are within direct Government control and can be done immediately. If any political party is serious about fixing the UK's problems their main manifesto proposals would be to make the tax changes I've outlined above on day one in office and immediately begin negotiations to rejoin the SM and CU. You won't have basic education and healthcare if you can't sort out the economy and the 8% trade deficit. So the economy is where they need to begin
To fix the UK problems we first need money and lots of it, we cannot borrow, we aren't attractive to invest in and we have an aging workforce... so we will need to start taxing those who have most... a lot more, unearned vs earned income rates are going to have to narrow, as is taxes on wealth to increase.
the EU isn't going to want another Switzerland trying to have its cake and eat it, esp in regard to FOM - a SM pre requisite - we would need to start negotiations to rejoin the EU and thats not going to happen, with a significant minority still supporting Brexit.
i also doubt playing around with tax thresholds/rates, either your ideas or Starmers Nom Dom stuff is going to solve much either, in a 2 trillion economy, a few billions just isn't enough.
Some posts on here are just too far removed from being informed
Rather than snipping from the sidelines, your party has caused this state of affairs, so whats the big idea to get us out of this mess? bare in mind, its the Tories who have increased CT to 25%.... and who took us out of the EU and hence SM/CU...