Tax Policy

Part of 1. Questions to the Cabinet Secretary for Finance – in the Senedd at 2:15 pm on 6 December 2017.

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Photo of Mark Drakeford Mark Drakeford Labour 2:15, 6 December 2017

Llywydd, all policies need to be assessed for risks that they may incur. My judgment is that the marginal additional sum of money that people in that position will pay through land transaction tax in Wales will not be the consideration that determines whether or not to make such an investment. There are many, many other reasons why bodies decide to come and establish themselves in Wales. I'm always trying to argue that the only thing that brings anybody to Wales is because we are cheap is not a way of attracting people to be part of our future economy.