Campaigning on tax really does work

Sources close to the business said that plans announced last year to invest £100 million in new UK branches could be put on hold, meaning fewer jobs will be created. The firm currently employs 9,000 staff.

Very well done to everyone who complained about Starbucks not paying corporation tax.

Not only didn\’t they owe it, as they weren\’t making a profit, but their next slug of investment now won\’t be coming.

Less investment, the UK is poorer and the wages of all workers are now (infinitessimally, true) lower.

Well done, clap clap clap.

7 comments on “Campaigning on tax really does work

  1. Politicians have no idea about how this sort of thing works. They’ve just added an extra risk factor to Starbucks investment plan.

    If all 3 parties are going to criticise companies for following the law, what sort of country are you dealing with?

  2. I think for many who were complaining about Starbucks’ tax affairs, their not opening new branches is a feature, not a bug. As for the jobs which won’t be created? Meh, Tarquin and Clarissa weren’t going to be working there anyway.

  3. Not only didn’t they owe it, as they weren’t making a profit, but their next slug of investment now won’t be coming.

    Well the Left don’t care about this because according to them, independents who pay their taxes will set up shop instead and sell organic fair trade coffee and the world will be a better place.

    As for Cameron, the man is clearly an idiot if neither he nor his advisers realise how damaging to business some of his (and other politicians) comments are. Why he keeps pandering to the Far-Left is still a mystery to me.

  4. Blue Burmese let me correct you

    “Well the Left don’t care about this because according to them, independents who pay their [fair share of] taxes will set up shop instead and sell organic fair trade coffee and the world will be a better place.”

    The fair share for the independents of course being very little as they are not eevil corporates but well intentioned leftists with no money

  5. “Well the Left don’t care about this because according to them, independents who pay their taxes will set up shop instead and sell organic fair trade coffee and the world will be a better place.”

    And when you ask those same Lefties just where their hipster pals are going to come up with 100 million for a string of shitty ‘independent’ organic, free-trade coffee shops, I’ll just bet the room will get real quiet, real fast.

  6. If Starbucks really aren’t making a profit in the UK then why are they planning to invest £100m in new branches here? Why throw good money after bad?

    Tim adds: Have you heard of the concept of “scale”? An activity which is not profitable at one scale becomes so at another? Could be either up or down?

    Good, consider this then come back to us.

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