The Secretary of Northern Ireland insisted that the government could not rule anything out if the investment did not take place, but stressed that the ministers were “all properly protected from unforeseen taxes”.
“I am a conservative, I believe in a low-tax economy. We want to see as much money in the pockets of people as possible and businesses investing in high productivity and high-skilled high-paying jobs. ”
Accusing Labor of prioritizing “several headlines” over business support, he warned: “Dropping such things could scare investment.” This is detrimental to the UK economy. “
Speaking at a Welsh Conservative conference on Saturday, Mr Javid said: “You have just mentioned the idea of an contingency tax. Instinctively I don’t like it. I just think we have to be very careful.
“As a country, we have a very hard-earned but strong reputation as a pro-business that welcomes investment.
“Businesses like security and, of course, there is no such thing as pure security, but when it comes to taxes, I think we just have to be very careful with these sudden taxes that could have an impact in the long run that we will come. to be sorry. “
Sam Rowlands, a member of the Tory Sened, who interviewed Mr Javid on stage, said: “I think these points will certainly be welcome in this room among Welsh Conservatives, so thank you for making them.
A poll of voters in Whitehall found that an unforeseen tax is popular with the public, with about 8 in 10 supporting the tax attack on energy companies, which are enjoying unexpectedly high profits after rising prices in recent months.
Boris Johnson said in a recent radio interview that an unforeseen tax is not the way forward and would instead prefer to see increased investment by oil companies in new energy sources.
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