Consumer confidence plunges after VAT hike



Who would've thunk it?

Obviously not 'two brains' Osbourne.

So every year in the new budget the Government (ALL of them) slap on extra duty on alcohol and tobacco as soft targets and with the excuse that making them more expensive will encourage people to stop smoking and drinking so much. I.E. So they know taxes (higher prices) suppresses demand. So when we're in a weak economy - and need people to be spending (and there's less people able to spend as the unemployment figures rise) wtf are they doing pushing up VAT. It's idiocy. Oh what I am saying? It's the Tories - that goes hand-in-hand with idiocy.


Consumer confidence plunges after VAT hike | Business |

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