Cutting VAT to 15%
Cutting VAT to 15%
Quote from the BBC website
"They also argue the VAT cut is the fairest way to get money into the economy because low-income households spend a larger share of their income on VAT than richer households."
What a load of tosh. Why oh why are we lead by such idiots. The poor spend their money on Food, Council Tax, Petrol and Energy none of which are effected by the 15% VAT deal. Really poor people just have food and energy. I think this government is living on a different planet. You have to be quite well of for any of your monthly outgoing to go on VAT related goods.
Quote from the BBC website
"They also argue the VAT cut is the fairest way to get money into the economy because low-income households spend a larger share of their income on VAT than richer households."
What a load of tosh. Why oh why are we lead by such idiots. The poor spend their money on Food, Council Tax, Petrol and Energy none of which are effected by the 15% VAT deal. Really poor people just have food and energy. I think this government is living on a different planet. You have to be quite well of for any of your monthly outgoing to go on VAT related goods.
posted by Keith Sloan at
10:42 AM
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