What? Is Larry Elliott seriously suggesting this?
he could prevent corporate tax avoidance by taxing companies on their turnover rather than their profits;
What? So high volume low margin businesses pay more tax than low volume high margin ones?
Erm, don\’t we actually want high volume low margin businesses? You know, more efficient ones? Ones that make less in profit per unit of sales? That\’s what is good for us, the consumer, isn\’t it?
Jeebus, there are some cretinous ideas out there……