This entire manifesto is based on the clearly absurd belief that businesses can be repeatedly hammered with massive tax increases and crippled with regulation without any wider impact on the economy, jobs and investment. If even a handful of these disastrous ideas were implemented it would mean misery for the many and employment for the few. Britain's problems cannot be solved by taking yet more money from hard-pressed taxpayers and having politicians waste it when the national debt already stands at a staggering £25,000 per person. What we need instead is to simplify and cut taxes along with a major rethink about what the state should and should not do.
Responding to Labour's manifesto, John O'Connell, Chief Executive of the TaxPayers' Alliance, said:
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