THE Island’s parliamentary candidate for the United Kingdom Independence Party, Iain McKie, has launched a campaign to abolish business rates.
Mr McKie branded the current rates as 'madness’ and said shops were forced to pay tax before they had a chance to make any money.
He plans to tour the Island collecting signatures for a petition backing the campaign, which he aims to present to Downing Street later this year.
He said: "After all, if the shop is successful, corporation tax will be paid, more people will be employed and VAT will be taken in."
He added: "Look at our high streets on the Island. They are lined with empty shells and charity shops. This is no way to grow an economy.
"The government should be focusing on stemming the wastage of public funds like HS2, not blocking entrepreneurs’ chances."