Jersey’s Value To Britain: Beyond Tax

Tax has dominated the news agenda for some time now driven by cash strapped governments need to squeeze every last pound, dollar or euro out of the system. But there is something beyond tax, more important, and fundamental to the freedom and prosperity of nations, and that is trade

Trade creates economic activity between individuals, companies and countries. It creates value as one party manufactures a good or provides a service, that activity in turn generates supporting activity; parts supply, or ancillary services to facilitate the primary, such as transport, shipping, marketing and promotion. Public services are funded out of tax, but tax is funded out of trade and the wealth and employment creation that goes with it. Without business and trade there is no tax.