Thursday 11 December 2008

VAT cut?


I am shocked that so many businesses and local shops have chosen not to pass on to customers the recent VAT cut of 2.5%. They have decided to increase their prices instead. Of course purchasers don't notice but as taxpayers we will all have to meet the cost of the increased profit by the enterprises concerned. The Government will receive less revenue and so, in time, we will all have to find the balance through increased taxes.

I call for publicity for local organisations that have reduced their prices to benefit their customers and UK taxpayers.

David Young
The Green Party General Election candidate for Bracknell.

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