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Politics
Original poster

Tory's to hike up VAT to 19.5%

153 replies

magentadreamer · 02/05/2010 09:41

Sorry it's a DM story but another reason not to trust the party that gave us record unemployment, sky high mortgage rates in the 80's the poll tax and sold off the family silver amongst other things.

www.dailymail.co.uk/news/election/article-1269677/Tories-secret-plot-raise-VAT-19- 5-emergency-June-Budget.html

OP posts:
Original poster
magentadreamer · 02/05/2010 09:59

I doubt Education and the NHS will be untouched.

OP posts:
animula · 02/05/2010 09:58

But VAT isn't fair - it hits those in lower incomes disproportionately. Income tax is fairer.

SethStarkaddersMum · 02/05/2010 09:51

sounds like a sensible way to raise money to me. They're going to have to do it somehow and this beats slashing NHS and schools budgets.