Taxes on company profits will drop to about 70 percent.
In 1985, a year before the strategy was adopted, total company profits were about $2.5 million.
The older he is at retirement, the smaller the growth in company profits during his last two years.
Company profits for 1992 had been estimated by analysts at about $3 a share, or more than $2 billion.
Earnings per share jumped 15 percent, as did company profits.
After four years company profits would be reviewed, and new rate cut requirements put in place.
It was alleged after the war that company profits reached £1m during this period.
Not long after this, the company profits took a downturn though record sales were reported.
Workers were to share in company profits more greatly through negotiation between these two groups.
The same is true of corporation tax, paid by firms on company profits.