Thursday, December 19, 2013

Don’t they know it’s Christmas – La, La, La

Watch Iain Duncan Smith SNEAK OUT of food banks debate as Tories LAUGH at stories of starving families

Work and Pensions Secretary IDS had already ducked questions in the Commons by choosing not to speak, instead putting forward his deputy Esther McVey. Tory cynicism towards housing reflecting in the debate about food banks. The new mantra "Victimise and demonise the poorer classes".

Posted by alan @ 01:14 PM (2490 views)
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13 thoughts on “Don’t they know it’s Christmas – La, La, La

  • Ending VAT on prepared food would be a major help because quality would rise and price would reduce. Also, since the preparation of food at home is so central to wellbeing, VAT should be eliminated from all household extensions related to the provision of kitchen and dining space and also all products that relate to the storage, serving and preparation of food.

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  • I can’t wee the “Nasty Party” winning many votes in 2015.

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  • Edit: see the “Nasty Party”

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  • khards, you had me peeing myself with that last little freudian slip !

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  • stillthinking says:

    Libertas, its curious you say that because one of the things I used to repeat continuously when I was pointing out to people in the UK that the state was well past any decent size and had started to be self-serving, was that there was a 20% tax on even baked beans which were paid for out of already taxed income….and that the poorest sector of society is the most likely to be hit with tax on prepared foods, because prepared foods are obviously cheaper and take less time irrespective of drizzled olive oil recipes from Jamie Oliver.

    The whole stealth tax system has been too successful. If the government takes 50% of GDP then that means that somebody on 25K (the average wage) is taxed at 50% and everybody over at -above- 50%. Everybody seems to think somebody else is paying.

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  • @6 Whilst that is probably about right for how much tax people pay on 25k, your reasoning doesn’t hold. We could pay for all current spending with a flat-rate income tax of less than 90% over 30k and the person on 25k would pay nothing. I’m not advising it, of course.

    The average person doesn’t necessarily pay the average amount of tax. It depends on how progressive the system is.

    As you point out though, all these stealth taxes tend to be unprogressive, as the poorest tend to notice them less (so they end up getting targeted) and they tend not to be heavily means-tested, if at all (e.g. Council tax, TV licence, travelcards etc.).

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  • Another interesting example is Employer’s NI. The greatest stealth tax of all. But you could never get rid of it. Poor people don’t know they’re paying it. The nature of monopsony/monopoly and the way wages are set in the markets dictates that any decrease in Employer’s NI would be bestowed upon the employee in direct proportion to how much they earned. Minimum wage employees would get nothing. Their employers would pay them less if the state would let them. At the other end of the spectrum, bankers would get the whole lot. Their employers already pay them more than they possibly can.

    So, withdrawing Employer’s NI would only benefit bankers and large-scale minimum wage employers like Tesco. So, you can’t expect them to scrap it any time soon. That’s why they come up with these weird incentives for SMEs involving Employer’s NI, further complicating the tax system.

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  • ST
    Baked beans are zero rated, as I’ve said before – i.e. no 20% tax. Or are you talking about some special baked beans?

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  • stillthinking says:

    My baked bean story is fact resistent. I am spreading the word. They should be taxed for consistency (oops).

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  • stillthinking says:

    Damn.

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  • I was pretty amazed by the idea they were VATable but never questioned it.

    I thought all food other than luxuries like sweets and cakes were zero-rated.

    Nothing luxurious about baked beans.

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  • There are some interesting definitions regarding sweet items. Chocolate digestives, for example, are categorised as a confection (and vatable) whereas choc chip cookies are a food (hence vat free). But most other foods are zero-rated, including breakfast cereals (probably not the choccy ones – yuk!)

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