God forbid that the United Kingdom should take a lead and introduce a sensible tax system of its own which would probably comprise a very low level of corporation tax - tax on corporate profits - and perhaps a low level of corporate sales tax, because sales are where they are, and sales in this country are sales here, which we can tax here.

You have got to clear up that corporation tax in the modern way has had its day as a major source of revenue, and we have got to find a new system.

I have to say to the Government that you are not even getting nowhere fast - you are getting nowhere slowly.

Nigel Lawson Quotes