Johnson drops Tory plan to cut corporation tax
British Prime Minister Boris Johnson aimed to appeal to voters on Monday (November 18).
By telling UK business leaders he's putting on hold a planned cut to corporation tax:
(SOUNDBITE) (English) BRITISH PRIME MINISTER, BORIS JOHNSON, SAYING:
"And before you storm the stage and protest... before you storm the stage, let me remind you, this saves 6 billion pounds that we can put into the priorities of the British people, including the NHS. We've already cut it from 28 to 19 percent, the lowest of any major economy."
His comments addressed a central issue in the upcoming December 12th general election.
With Johnson under pressure to show how he'll pay for a plan to reverse cuts to public services.
Johnson's biggest political rival, the Labour party's Jeremy Corbyn, also spoke at the event.
Labour wants to raise taxes for top earners, to help fund its own, bigger spending plans.
(SOUNDBITE) (English) LABOUR LEADER, JEREMY CORBYN, SAYING:
'It's not anti-business to say the largest corporations should pay their taxes just as smaller companies do. And it's not anti-business to want prosperity in every part of our country, not only in the financial centres of the City of London.''
Their speeches come as many business leaders say their facing unprecedented levels of uncertainty.
With an abrupt Brexit possible under the Conservatives.
And widespread infrastructure nationalization possible under a Labour government.
