Tax Cuts on Monday, Tax Rises After the Election?

That seems to be the message emanating from Government sources according to Robert Peston at the BBC who is predicting that VAT will rise from 17.5% to 22.5% in 2010 or 2011. Do read Robert Peston’s analysis here and his colleague Nick Robinson’s take on the same subject here.

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One Response to Tax Cuts on Monday, Tax Rises After the Election?

  1. Mountjoy says:

    VAT at 22.5%? It is bad enough already … this is typical of Brownian economic policy.

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