Surpise they don't do the same as over here
and just throw loads more tax on fags,alcohol & fuel everytime they want more money..
VAT on food being considered.
- Thread starter VoG
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and just throw loads more tax on fags,alcohol & fuel everytime they want more money..
Would you be quite so generous if it was a conservative "musing"?
The current rules of what food is and isn't exempt from VAT are quite amusing. Lots of odd little foibles, sometimes down to the same product being exempt or not depending on what is on the packaging.
Money can come from savings due to improvements in efficiency.
I don't see why they need to raise taxes, instead of making savings elsewhere via more efficient spending
Would you be quite so generous if it was a conservative "musing"?
Yes. Are you suggesting my views are left-wing? If so, please provide evidence. Please note that attacking the right /= supporting the left.
M
Soldato
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I know bankers pay tax on bonuses. The trouble is that the Government bailed the bankers out (and in all probability rightly so) so it seems right that the banking sector should pay the money back.
It's not like I can get a loan for a car from HSBC and ask my street to pay it back for me is it?
Taxing food punishes the poor disproportionately and thus is a bad idea.
No it doesn't it makes no sense at all. You do not tax essentials that people need to live. As I've said this only punishes the poor and that isn't right and it will probably not raise much revenue anyway.
The banks should pay back what they owe. End of. Note this does not mean scraping bonuses!
What, like income?
The next election is one that neither party can afford to win because it will require them to take drastic and deeply unpopular measures to rescue the UK's lame duck economy and tackle her massive debt burden.
complete rubbish
fruit and veg costs naff all tbh...
****** are just often lazy (which is likely why they're ****** on a low income in the first place) and so ready meals are easier for them to make after a stressful day collecting benefits and looking after the 5 kids from 3 different dads...
I've got no problem with taxing junk food/high fat/sugar content stuff.... as it might actually get to the point where it affects the bottom line for ****** too much that they have to compromise and start actually preparing meals using the raw ingredients (something which require a small amount of effort...)
they are paying the money back though - Northern rock has paid quite a bit back and the govt owns a large enough stake of RBS and lloyds - they'll probably make a small profit tbh...
the losses in the US will likely come from automakers and the insurer AIG - again the big WallStreet banks will pay back their loans
why tax the employees income because their employer screwed up - with that logic the auto workers in America should probably lose their homes to pay back the tax payer. It isn't the tax payers fault that their unions were too greedy to the point where car making became so inefficient in the US that the big manufacturers required huge tax payer funded bailouts.
Really bad idea. I know many familys here in hull who are living basically hand to mouth as it is, doing this will just put too much strain on them which they just don't need.
Money should be put into research at the universitys instead of taken away as this is worth a silly amount of money. Look at how much a university made out of google shares from trading a patent for shares about 2 years ago lol. (somewhere in the region of 336 million)
We need to start exporting either goods or home grown technology and turn into something like japan in regards to the later, not simply import everything and take money out of the education system + research.
My 2c
Money should be put into research at the universitys instead of taken away as this is worth a silly amount of money. Look at how much a university made out of google shares from trading a patent for shares about 2 years ago lol. (somewhere in the region of 336 million)
We need to start exporting either goods or home grown technology and turn into something like japan in regards to the later, not simply import everything and take money out of the education system + research.
My 2c
I got a feeling both major parties the Tories and the "Socialist Scumbags that are killing our Soldiers" want nothing more than to lose the next election. This is going to be the 1st election in UK history when nobody actually wants to win it.
Soldato
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like food isnt expensive already ¬¬
UKs no1 export are banks and other financial institutions
yeah and we all know how good those are mr rolleyes man...
Here in Australia we have a VAT equivalent called the GST. The rate is 10% (as opposed to the VAT's 17.5%) but it is levied on some foods.
The following food items are GST-free:
(Source).
This works well for us.
The following food items are GST-free:
* fruit and vegetables
* meat
* eggs
* bread
* cheese
* soup
* milk, tea, coffee, fruit and vegetable juices (with 90% minimum by volume of juice)
* breakfast cereals
* flour
* infant formula
* sugar.
Ingredients used to make food for human consumption are also GST free, including:
* some beverages and beverage ingredients
* fats and oils marketed for culinary or for cooking purposes.
* meat
* eggs
* bread
* cheese
* soup
* milk, tea, coffee, fruit and vegetable juices (with 90% minimum by volume of juice)
* breakfast cereals
* flour
* infant formula
* sugar.
Ingredients used to make food for human consumption are also GST free, including:
* some beverages and beverage ingredients
* fats and oils marketed for culinary or for cooking purposes.
(Source).
This works well for us.
food is only expensive if you choose it to be, a lot of food cost next to nothing
sounds a good way to do it
Soldato
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you are right yes but to me its expensive when i only get 52 quid a week even the cheapest stuff.
sorry, didn't mean that as it may have sounded
what I meant to say was that food need not be as expensive as many of us make it, many of us make our food bills much higher than they need to be out of idleness
if that makes sense
I am sure that to many it can be a genuine struggle