Something that puzzles us deeply about the Labour Party Manifesto

We are told that government should have much more money. OK, we don't agree, but that's politics for you. We are also told that companies should pay much more in tax. Well, apart from the obvious point that companies never do pay tax, the incidence is always upon the wallet of some live human being, OK again, that's politics. No one has ever said that electoral platforms have to make logical sense.

But we do think that we'd all sort of hope that such electoral platforms will add up. Which is where our puzzlement comes in. For the claim is that government will get much more money by raising the rate of corporation tax:

UK corporation tax receipts surged to a record high during the past financial year despite the main rate falling from 30 per cent in 2008 to 19 per cent today.

We're really just not sure how, if lower rates bring in more money, higher rates will also bring in more money.

Bit of a puzzler, eh? 

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