The Labour Party Has Bought Itself A One-Way Ticket To Oblivion

In fact, back in 2014, when Ed Miliband first mooted the idea of raising corporation taxes, the Centre for Policy Studies worked out that this (together with other proposed tax rises) would lead to a loss of 306,500 jobs over four years. This mirrored the findings of a 2009 study of 85 countries by a group including former World Bank economist Simeon Djankov that firmly linked higher corporation taxes with falls in GDP.

Article source: