
Is Economic Apocalypse Coming?
The Owen Jones Podcast
00:00
Corporate Tax Cuts Haven't Increased Investment
The evidence that cutting corporation tax encourages companies to go off invest simply isn't there. High corporate profits and corporate tax cuts have just encouraged big corporations basically to hoard cash. The smart thing to do is take some of that money tha e corporations have and spend it on productive investment. You give more money to corporations, they don't spend. Got to give it to people. S, that means a pay rise for everyone. A pay rise run the public sector, and pay rise for runnin in the private sector. Ohand p s, yos' probably try and cap er the rise in prices. And actually cap it, don't increase er the gas price by 75 % of whatever
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