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Clause 1 — Main rate of corporation tax for financial year 2011

Part of Finance Bill – in the House of Commons at 5:15 pm on 12th July 2010.

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Photo of John Redwood John Redwood Conservative, Wokingham 5:15 pm, 12th July 2010

The hon. Gentleman shakes his head, but what else is it? Why are people investing more than they otherwise would have done? Because they are allowed to avoid tax and pay less tax than they otherwise would.

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