Big news about taxes and companies! Donald Trump wants to lower taxes in the US. This could cause some British companies to move their businesses to America.
- Lower taxes might make the US a more attractive place for businesses.
- Some British companies might move to the US because of lower taxes.
- This could affect the London Stock Exchange.
Item | Number |
---|---|
US Corporation Tax (proposed) | 15% |
UK Corporation Tax | 25% |
British Luxury Goods Exports (yearly) | £56 Billion |
Experts think this could continue for a while, maybe even until 2025. It's a big change that could impact businesses on both sides of the Atlantic!