[Xaccers]

So get rid of income tax and crank up VAT?
Are you mad?

So someone on £100K a year could pay the same amount of tax as someone on £10K a year if they buy the same things? (not that the £10K person would be able to afford to live given how much things would cost with the new VAT)


So the rich get richer and the poor get screwed?


People would buy less because in the past that new DVD that cost £20 now costs £30 so they aren't gonna just splash out.
That new car they had their eye on at £15k, now costs £25k, well they can't afford that.
Less people buying, less money for the retail sector, more businesses go bust.