{"id":32225,"date":"2016-02-03T12:39:23","date_gmt":"2016-02-03T12:39:23","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=32225"},"modified":"2016-02-03T12:39:23","modified_gmt":"2016-02-03T12:39:23","slug":"now-the-iod-wants-a-revolution-it-looks-like-class-warfare-to-me","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2016\/02\/03\/now-the-iod-wants-a-revolution-it-looks-like-class-warfare-to-me\/","title":{"rendered":"Now the IoD wants a revolution: it looks like class warfare to me"},"content":{"rendered":"<p>I <a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2016\/02\/03\/the-institute-of-directors-reveal-the-game-plan-to-remove-all-taxes-on-profits\/\" target=\"_blank\">have already written this morning<\/a> about the Institute of Director's wish to abolish corporation tax\u00a0altogether and to shift the cost onto income tax, national insurance, VAT and council tax. This is nothing short of a demand that ordinary people pay more tax and companies and those who own them pay less.<\/p>\n<p>I tweeted the blog out, as usual, and the IoD responded as follows:<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2016\/02\/03\/now-the-iod-wants-a-revolution-it-looks-like-class-warfare-to-me\/screen-shot-2016-02-03-at-12-28-09\/\" rel=\"attachment wp-att-32226\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-32226\" src=\"http:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/02\/Screen-Shot-2016-02-03-at-12.28.09-550x639.png\" alt=\"Screen Shot 2016-02-03 at 12.28.09\" width=\"550\" height=\"639\" srcset=\"https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/02\/Screen-Shot-2016-02-03-at-12.28.09-550x639.png 550w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/02\/Screen-Shot-2016-02-03-at-12.28.09-258x300.png 258w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/02\/Screen-Shot-2016-02-03-at-12.28.09-194x225.png 194w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/02\/Screen-Shot-2016-02-03-at-12.28.09-114x132.png 114w, https:\/\/www.taxresearch.org.uk\/Blog\/wp-content\/uploads\/2016\/02\/Screen-Shot-2016-02-03-at-12.28.09.png 1052w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><\/p>\n<p>They were clear: the burden would shift as I suggested. Small business would pay more? Those on middle pay would suffer as their pay rates were oppressed by new NIC charges and we'd all suffer sales taxes.<\/p>\n<p>And their response when I pointed this out? To demand a revolution.<\/p>\n<p>I think I was right to suggest that's little less than a declaration of class warfare.<\/p>\n<p>And that really worries me.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I have already written this morning about the Institute of Director&#8217;s wish to abolish corporation tax\u00a0altogether and to shift the cost onto income tax, national<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2016\/02\/03\/now-the-iod-wants-a-revolution-it-looks-like-class-warfare-to-me\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,35],"tags":[],"class_list":["post-32225","post","type-post","status-publish","format-standard","hentry","category-corporation-tax","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/32225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=32225"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/32225\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=32225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=32225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=32225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}