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Old 13-05-2010, 17:52   #21
Xaccers
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Join Date: Jun 2003
Location: Milling around Milton Keynes
Age: 48
Posts: 12,969
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Re: Think petrol tax is high right now?

Quote:
Originally Posted by Hom3r View Post
Well with ant & dec running the country "", there was talk on the TV that there will be a rise in VAT taking it from 17.5% to 20%, to pay off the deficiet.

But they were saying something about it NOT going on food so I guess among the target will be fuel.

So if this does happen, all those who voted for the current govenment CANNOT complain.
Aw bless.
Food is VAT free (oh how I love running on veg oil).
An increase of the 17.5% VAT rate would not just affect fuel.
Of course this is all guess work by a few non-governmental economists.
Doesn't mean it will happen, doesn't mean it won't.

If it does, I'll be complaining about the mess Labour left us in, not the steps that need to be taken to get us out of it.
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