Responding to reports that the Prime Minister is considering tax cuts for Musk, Bezos and other tech billionaires as part of his negotiations with President Trump, Green Party Co-Leader, Adrian Ramsay MP said,
“I’m calling on the Prime Minister to take this morally reprehensible suggestion off the negotiating table. The very idea that he would cut tax obligations for some of the biggest companies in the world, controlled by some of the very richest people in the world, in an effort to appease President Trump is an insult to each and every person struggling to get by at the moment. The Prime Minister has made much of “the hard choices” he has had to make: cutting winter fuel allowance to our elderly, removing benefits from disabled people, capping child benefits, and taking huge chunks out of the international aid budget. These decisions, which are awful in isolation, are morally deplorable in the context of offering tax cuts to the likes of X, Amazon and other big tech companies.
He continued, “The crisis in our public finances is partly caused by corporations free riding on public services but avoiding paying their taxes. This is how the US tech billionaires have accumulated such excessive fortunes. The Digital Services Tax is a first step towards fair taxation of digital companies that dominate the global economy.”