Time for a local sales tax to replace our broken business rates system

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.JeremyWarnerUK: Time for a local sales tax to replace our broken business rates system

 

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JeremyWarnerUK Excessive business tax rates in Britain - leading to enormous numbers of closures of high street shops. Look to America, to President Trump's superb slashing of business taxes leading to great prosperity. A businessman's acumen- rather than politicians - great example for U.K.

JeremyWarnerUK Large commercial business have to pay council tax for their car parks. Do out of town shopping centre have to pay council tax?

JeremyWarnerUK Local Authorities should take a % of profit with set base lines on costs and severe penalties for cheats. This then means that more the LA helps the high street the more money they get.

JeremyWarnerUK If it is based on the profits they make it gives the local authority incentive to improve the area and increase footfall.

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