Soldato
To be fair, the last Government were only trying to fix the balls up from the previous Tory Government.*
*I may or may not agree with the above.
VAT increases?
- Thread starter toon_mad
- Start date
To be fair, the last Government were only trying to fix the balls up from the previous Tory Government.*
*I may or may not agree with the above.
Yes, there is a wiki document on the dissaster.
Well done.
While bad, the deficit is certainly nothing new.
It wasn't a labour creation, and the tories are not in a possition to get rid of it either.
No one is.
That's not really a valid point. It's like saying "name a band that everyone likes" or "name a food that everyone likes". There is not one thing in the world that every single person likes.
Not even strawberries.
Man of Honour
Yes, there is a wiki document on the dissaster.
Well done.
It's there to educate the vast majority who aren't old enough to know or don't remember.
It's sounds very flashy if you just quote it out of thin air. 
Soldato
Just think of it as being for a good cause as it will give your country more money to bail us out 
I love that you're angry about a 2.5% increase, not the fact that the tax is, in itself, a flipping con.
The tax on consumption is a good one really - much better than an equivalent increase in income tax or NI. Putting it on VAT means that tourists and non domiciles, as well as casual workers/people getting paid cash in hand are also contributing towards the economy on some level.
The problem for a lot of businesses (especially retail) is that the prices are shown inclusive of VAT - they have the option of keeping prices the same (absorbing the increase cost themselves), having "weird" prices (pass the cost directly on to the consumer), or increasing by round amounts (increase prices by more than the VAT increase).
It's there to educate the vast majority who aren't old enough to know or don't remember.
I feel it is also highly important to remember Brown's bottom which actually cost the country more than Black Wednesday did, and should have been a sign that we had an incompetent idiot in the treasury. Unfortunately, he was left there for a few more years and then made prime minister... And people still wonder why Labour are to blame for the public spending crisis in the UK...
Associate
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What? The OP is rubbish.
Get back in your box lefty and leave them to fix this country before it's too late!
+1
The argument that VAT is better than income tax holds no water. VAT is a completely arbitrary tax as it is, being less painful than income tax doesn't make it better, just less bad.
Look at nations such as Hong Kong (whose fiscal policy has barely changed in 50 odd years from the original form put forward by John Cowperthwaite) and Singapore where personal taxation is minimal. Most people pay 0% income tax and there is no such thing as VAT.
My point is that VAT is a ridiculous tax to fund yet more **** the government shouldn't be providing for the people. Assuming that you spend all your income, marginal personal tax liability can be pegged as high as 60-70% from next year - that is beyond the realms of the ridiculous and straight into the boundaries of the asinine.
I don't give a hoot whether it's Cameron, Thatcher, Blair, Brown or Clegg - I'm sick and tired of the United Socialist Kingdom and I'm reet bloody sick of being told by government that they know how to spend my money better than me. It's about time we had a leader with real testicular fortitude to actually change things rather than muddle along tweaking a system which is intrinsically flawed in order to save a few pennies here and there and reduce the levels by which national debt will forever increase at under such a system.
Caporegime
Does it really make much difference how long it is?
Soldato
Forever for what I see.
My only grievance is that it makes those VAT questions easy on exams. Unfair or what?
As I remember last time the tories broke it, accidentally got back in power (nobody could bring themselves to vote ginger) and then had to fix it, leaving a nice rising economy for labour.
But seriously OP, go hand back your vote, if this is the first you've heard of a tax rise you don't deserve it.
The economy was out of their control, as it is now.
The fact that our terms co-incide with economic circles are just that.
Co-incidence.
Both Labour and Conservative are as inept and as useless as each other, hence the fiscal nightmare we are in that we cannot get out of that has been decades in the making.
The tories will leave public finances very little better off in the long run, and in 20-30 years time there will be an even worsened public spending problem for us all to chastise 'x' political party for.
I'm not leaning Labour here at all, just to the reality of what happens.
Westminster control an economy?
I'm away to chase the pigs I see flying outside with money falling from their ass...
The fact that our terms co-incide with economic circles are just that.
Co-incidence.
Both Labour and Conservative are as inept and as useless as each other, hence the fiscal nightmare we are in that we cannot get out of that has been decades in the making.
The tories will leave public finances very little better off in the long run, and in 20-30 years time there will be an even worsened public spending problem for us all to chastise 'x' political party for.
I'm not leaning Labour here at all, just to the reality of what happens.
Westminster control an economy?
I'm away to chase the pigs I see flying outside with money falling from their ass...
No, it's inconsequential but I was curious hence why I asked.
this government is rubbish
Blame Lazy Labour for that. Mind you with the Lib Dems in it's not much better we torey government none of these other crackpots in.
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