I'm sure the goal is to bring money stashed overseas here. Our 35% corporate tax rate is highest in the world by far. So nobody in their right mind ever pays it. Like I said the personal tax thing just makes it simpler but I doubt anyone saves a TON of money. But if you believe the media the storm troopers are gonna throw your family in prison because you can't afford to pay your taxes.
Both governments are doing the same thing with the same spin... Theresa May was saying about how she has given a pay rise to schools AND nurses, given 2 billion to boost the "affordable" housing etc etc etc.
There was a nurse (MP) who stood up and told her that was **** (excuse my French) and told them about her pay freeze and having to use a food bank, how her hospital were having to use buckets to catch the water as they can't afford to fix the roof. A school in Theresa May's own district has had to ask parents to pay £1 a day to cover the cost of pencils (worked out as £42000 deficit) and Theresa said well we are about to give them £10000 well that doesn't cancel that out! Last time I looked 42 is bigger than 10.
No social houses have been built since the conservative government took over and worst still what they call "affordable" housing is open to interpretation... her friend who she put in charge of this sector has a conflict of interest seeing as he also works for a company who develop luxury homes... it was just reported that he is selling off public land to his own firm to build on, they decided that NO affordable or social houses were to be built (even though the agreement was at least 30% then negotiated down to 17% then 0%) because they wanted it to be quote " exclusive"... basically meaning the rich don't want poor people living near by.
The affordable housing he built in London was an apartment that cost £145000 for only a quarter share and they would still have to pay rent and that was only a studio apartment!!!
The £2 billion she is promising will NOT build any new houses, it pays the department and gives a pay rise to all her friends working there.
The pay cut to the rich (50p per £1 down to 45p per £1) was defended by saying most companies didn't pay the higher rate! Well they have to enforce the lower rate anyway so why not enforce the higher rate!
A lot of companies were getting round paying tax, however they did this by paying Mps to Lobby on their behalf to get laws put into place as well as paying mps to tell them the loop holes in the tax system... yes they do have seminars for companies to pay to find out how to avoid paying tax run by the mps who created the tax system... this apparently is legal because they say it is... George Orwell "animal farm" comes to mind.