article_snippet.sent: Ed Balls yesterday opened the door to a tax raid on businesses, which critics warn would endanger the economic recovery.
article_snippet.sent: Businesses are already concerned about Labour’s stated plans not to cut corporation tax – paid by all large firms on Businesses profits – as the Tories have vowed to if Businesses win office.
article_snippet.sent: signals on corporation tax are a cause for concern’.
article_snippet.sent: ’ John Cridland, director-general of the CBI added that any rise in business taxes would ‘undermine progress to make the whole tax system more competitive and send the wrong signal to firms of all sectors and sizes.’
article_snippet.sent: Conservative Treasury minister David Gauke said the prospect of a business tax rise was a ‘clear threat to working people’s future economic security’.
article_snippet.sent: Conservative Treasury minister David Gauke said: ‘It’s clear Ed Miliband and Ed Balls are leaving the door open to a damaging tax rise that risks costing jobs, risks costing investment and risks the economic recovery.
article_snippet.sent: think-tank has said raising corporation tax to 24 per cent gradually over the next five years would cost nearly 100,000 jobs by the end of the Parliament.
article_snippet.sent: Labour say by keeping corporation tax at the current rate, Labour can freeze business rates for 1.5million small firms.
highlights_snippet.sent: Businesses are already concerned about Labour's plans not to cut tax .
  