Digital Services Tax is 'aimed at the US tech & will be [seen by the US] as a slap in the face.' 
@julianHjessop IEA: it is a “bad tax in theory & practice”. It is based on false economic thinking, hard to implement, & probably breaches WTO rules on discriminatory practice.
'Corporation tax will be held at 19%...that rate is equivalent to much higher effective rates in the past and is no longer in the low-tax belt globally. The Institute for Fiscal Studies says a raft of niggling surcharges have clawed back most of the ostensible cuts since 2010.'
Tory manifesto: A.P.E: 'Income tax rates will remain at the upper end of the OECD pack, aligned to the EU rather than the more successful economies of North America or East Asia. The state will stabilise at around 41pc of GDP, equal to The Netherlands.'
Tory Manifesto 4/6: 'The rise in the minimum wage from £8.21 to £10.50 - and lower age thresholds - takes it to extreme levels by world standards and will have a ‘wedge effect’ on entry-level jobs and start-up firms. It is a serious interference with market signalling.'
UK
-higher labour standards than the EU minimum.
- the first major nation to write ‘net zero’ emissions by 2050 into domestic law.
- has all but eliminated coal in power plants while Germany will not phase out its dirty lignite til 2038 & is blocking EU climate plans with Poland.
Tory manifesto: “We aim to have 80% of UK trade covered by free trade agreements within the next 3 years, starting with US, Aust, NZ & Japan”  
3 years?
The sequencing is clear: the EU 1st, then we’ll have to see what is left over for limited deals with the rest of the world.
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