Today three tax changes come into effect that tell you a lot about the values of this Government.
The rate of Corporation Tax is being cut from 21% to 20%, one of the lowest rates of any major economy in the world (when we came to power in 2010 it was 28%). We want to help existing businesses to grow and create new jobs as well as encouraging new firms to locate here. Remarkably Ed Balls has confirmed that if he is Chancellor after the Election he will reverse this cut. The Centre for Policy Studies estimates that this could cost nearly 100,000 jobs.
But as well as believing in low taxes, we are also passionate about ensuring businesses pay their fair share.
That's why today we're introducing a diverted profits tax to tackle those firms who send profits abroad to avoid paying their dues.
And it's why we're increasing the annual levy on the banks. Now that they're doing better, it's right that they make a bigger contribution to fixing the mess they helped to cause.
Low taxes, but fair taxes - that's the Conservative approach.