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Vat Should Be Imposed On Food And Children's Clothes


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I can almost see the logic in making bad food more expensive.

Today they've said sausages etc are bad for you .. tomorrow it'll be chocolate, the day after beer (again)...

What do we have VAT for anyway? Just to raise money?

As the man said, “The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing”. Taxes are going up the only question is who is going to be hit the hardests.

BTW, although VAT looks like a convenient one to raise and a rise for 17.5 to 20% probably insn't going to hurt that many people that much does the EU not tale a slice of the VAT straight off the top as it were? That being the case it would seem to make sense to try to rise the tax somewhere else so as to keep 100% of it in the country.

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The IMF- f*cking the poor since 1944.

You should see what they are doing to Argentina!

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I think that this is a really bad idea.

EU rules require that once VAT has been added to a item, it cannot be taken off again.

It's a one way step to add VAT to food.

IMHO, if we really need this money, a far better move would be to increase standard VAT to 25% because that can be reduced back to 17.5% in a few years time.

tim

Ahh but didn't you spot the hidden double hike in prices?

The IMF suggest the Govt should hike PETROL PRICES

- as well as stick vat on fresh fruit, books etc!

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I suppose you could argue that it would be fair from a socialist point of view.

VAT on food would raise a lot more money from the better off families than the poorer ones. Poorer families don't tend to buy lobster and fillet steak.

Likewise, VAT on children's clothes would mainly hit the better off who buy the kiddies designer labels.

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I suppose you could argue that it would be fair from a socialist point of view.

VAT on food would raise a lot more money from the better off families than the poorer ones. Poorer families don't tend to buy lobster and fillet steak.

Likewise, VAT on children's clothes would mainly hit the better off who buy the kiddies designer labels.

Quite the opposite. The poor spend a higher proportion of their income on low or zero rated items (clothing, rent, heating & food) than the rich, so to that extent VAT is a progressive tax.

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Quite the opposite. The poor spend a higher proportion of their income on low or zero rated items (clothing, rent, heating & food) than the rich, so to that extent VAT is a progressive tax.

VAT on food and heating is something they will need to think about very carefully...there are many other ways to gather income, also it would impact the old and poor the most, so another costly admin process would then have to be implemented to give some sort of rebate that then would be open to fraud as always....leave it alone. ;)

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VAT on Kid's clothes?

The IMF are paedos...

If this happens, this will be yet another thing David Cameron has gone back on his word with. I thought the conservatives wanted people to get married and have lots of kiddies. Yet they are going to take away the child trust fund and up VAT to 20%, whilst sticking that straight onto kids clothes!

Nice... our first baby is due in September and I was looking forward to dressing up the little one in designer gear! :lol:

Damn, hope the kid will be happy enough with wearing Tesco's own brand now!

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If this happens, this will be yet another thing David Cameron has gone back on his word with. I thought the conservatives wanted people to get married and have lots of kiddies. Yet they are going to take away the child trust fund and up VAT to 20%, whilst sticking that straight onto kids clothes!

Nice... our first baby is due in September and I was looking forward to dressing up the little one in designer gear! :lol:

Damn, hope the kid will be happy enough with wearing Tesco's own brand now!

....you could knit some nice warm booties and a matinee jacket...far better than tescos finest. ;)

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