mj.scuba Posted January 5, 2011 Share Posted January 5, 2011 So you are a fan of higher taxation are you? No, but anybody with any sense at the time could see Darling was lowering the VAT rate to 15% simply because he had to be seen to be doing something, I thought it was lunacy and a pointless gesture that would not really have the desired effect of stimulating spending, so all it did in the end was lose revenue at a time when they needed it the most. Another Labour policy failure imo. Link to comment Share on other sites More sharing options...
vinyl Posted January 5, 2011 Share Posted January 5, 2011 So you are a fan of higher taxation are you? The last government increased the tax burden on this country to a massive degree. Unfortunately they also increased spending to an even greater degree. A country is no different from a household in its need to live within its budget. This even dawned on the last government towards the end when they increased the lowest rate of income tax from 10% to 20%. Link to comment Share on other sites More sharing options...
Noob Posted January 5, 2011 Share Posted January 5, 2011 Will things cost 99p? x.99 xx.99 etc. Link to comment Share on other sites More sharing options...
taxman Posted January 5, 2011 Author Share Posted January 5, 2011 I notice bottles of Duvel in Sainsbury's have gone up from £1.27 to £1.30. Disaster. Link to comment Share on other sites More sharing options...
Longcol Posted January 5, 2011 Share Posted January 5, 2011 VAT has been put up to 20% today. The Govt hopes to raise an additional £13billion over the next three years. But will it also deter spending? Will you cut back on what you buy or will it not make any difference to you? Do you even know whether the things you buy are subject to VAT or not? All depends how much beer goes up. Link to comment Share on other sites More sharing options...
swordfish1 Posted January 5, 2011 Share Posted January 5, 2011 Will Poundland have to change it's name to onepoundtwopenceland? Guess not...http://www.poundland.co.uk/top-tips/no-vat-increase/ Actually, they didn't drop the prices when VAT went to 15%, but I strangely couldn't find an advert for that:rolleyes: Link to comment Share on other sites More sharing options...
llamatron Posted January 6, 2011 Share Posted January 6, 2011 Packet of crisps - VAT on them! Are you claiming crisps and salted peanuts are not luxury items:loopy:? Link to comment Share on other sites More sharing options...
espadrille Posted January 6, 2011 Share Posted January 6, 2011 Are you claiming crisps and salted peanuts are not luxury items:loopy:? Maybe thats what he/she lives on! Link to comment Share on other sites More sharing options...
aa014 Posted January 6, 2011 Share Posted January 6, 2011 therise in VAT is only to fill the fat cats in londons pockets they put the VAT on us so they dont have to lower there wages or penshions as long as there ok and they get the exspencers and there company cars and there 2nd house there happy where all of us suffer in silance, if i could do anything i would get rid of all polatishions and make one man run each city and they are incaharge of all actions of that city not one incharge of city then the yorkshire then one in palement there is so many that want more for less and we stand by and sit back while they rake in the benifits what we pay for me personal i would not bale any banks out if i run the county there would be one bank for the country and the rates will be same for loans ect that way we all are using same system and the money in those banks are they systems money if we loase all the funds in them banks we as acounrty fall and we have only our selfs to blame not othere countrys for for laoning to much money out to other countrys and them looking for its nabours to bail them out, also i would cut the cost of bank directors wages from 1 mill to £500,000 thats a saving a loan to many fat cats looking after one's self and i would make the queen be priminister with a right hand man 2 people to make the deshions one born to be queen and one voted and instead of the polatishions going on holiday 40 days a year make them work as much as we have to, can i ask you a question how many days a week do you think polatishions spend working and making it a better system ill leave that one with you and ill give my answer later Link to comment Share on other sites More sharing options...
llamatron Posted January 6, 2011 Share Posted January 6, 2011 with all these poor people not able to afford food because of the tiny rise in VAT Im assuming the obesity epicdemic (at least amongst the poor) is over? well done chaps:thumbsup: Link to comment Share on other sites More sharing options...
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