Hoping for a rise in VAT on items costing 500+ pounds RRP

[DistinguishedSocialCommenator]

I was positing on another thread and came up with a way we in England and Wales could raise billions in tax revenue every years that could fund a better NHS HC and educating people for better HS etc, etc and better schools.

I would propose (Someone will now actually use this idea)
Raise VAT to 30% on every item that costs more than 500 pounds RRP to 30% and use the money towards NHS and education re better health for all. (Most washing machines, driers, fridges, tv's, sofas, beds, clothing, food, and eating out cost m a lot less that 500. A bit like the new tax that was introduced many years ago on cars costing RRP 40k plus

We've boguth cars easily surpassing the 40k mark, though the extra road tax hurts, we have a choice if to buy or not or buy a cheaper brand new car or a used car. Therefore, IMO, the above is a good idea and we can be flexible with the exact figures of extra vAT kicks in at xxx - RRP and the new could be slightly higher or lower.

AIBU as this will help all of us.

The note isn’t different. It was the beginning of a Treasury joke that’s been played out over half a century. I wonder what the note in the drawer Hunt leaves will say.

But a washing machine isn’t a luxury item. I could understand increasing tax on things like jewellery and TVs, though.

"Sorry for being such a Hunt" 😂

The Tories have left the UK’s finances in a huge mess.

😂

It will be another tax that affects the ordinary citizens more than the rich. The 40k car tax rule should be adjusted IMO, as the majority of family cars now surpass that value.

No, I disagree. There are plenty of family cars under £40k. If you've £40k to spend, you can pay a couple of hundred extra in road tax. If you don't want to pay the extra road tax, then buy a lower spec, more normal car.

I said that earlier and I agree. I was sheel shocked watching an advert for a Ford fiesta, close to 30k, not sure if that was athe base model.

Onne of the cars we bought 6 years ago, a big car - it cost well over 40k and now the price is doubled that - car makers are cashing in

The VAT/RRP I talk about is flexible and many good ideas here what should and should not be included.

I've seen people crying about a low income or not working with the latest iphones, not sure how they mange that as my phone is many years old and it was bought as re-conditioned

You’re clearly a fucking idiot.

No need to guess who has never had an economics lesson in their life.

Maybe if you didn't spunk your sizeable income on expensive cars, you'd have enough money for a better phone?

Washing machines, fridges, dishwashers, tumble dryer, sofas, beds, TVs all well over £500!

Lower price items will probable rise in cost to just under the tax threshold as a marketing gimick.

Tax companies, bankers and CEO bonuses, highly tax inheritance above 1 million, we already pay a ridiculous amount of VAT compared to say the US...