Posts by Prof Richard Murphy
Prof Richard Murphy @RichardJMurphy
Richard Murphy is a British chartered accountant and political economist who campaigns on issues of tax avoidance and tax evasion. He advises the Trades Union Congress on economics and taxation, and is a long-standing member of the Tax Justice Network. He is a Professor of Practice in International Political Economy at City University London.
What cutting corporation tax to 10% would mean for the UK
Richard Murphy 26/10/2016
Richard Murphy: Some of the smaller economic brains inside the Brexit camp are suggesting that the UK should cut its corporation tax rate to 10 per cent. Let me suggest some of the consequences. First, we would lose over £20 billion of tax revenue a year. That’s one third of the total forecast UK deficit. There’s not a shred of evidence that …
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