Thursday 1 July 2010

Liberal VAT Hypocrisy

Remember the election campaign? It wasn't so long ago.


Nick Clegg and the Liberals quite properly campaigned AGAINST any rise in VAT.

Fast forward the 1st coalition budget. Tory chancellor Osborne announces the tax is to rise from 17.5% to 20%. Guess what? Clegg's Liberals fall tamely in line. Although to their credit a few decent liberals did protest.

VAT hits the poor disproportionatly because our non-discretionary costs, ie wnat we NEED to survive, are about the same - rich or poor. So it is unfair.

Typical Tory tax, sadly suppoted by their unlikely liberal bedfellows.

The first cracks may have been plastered over but keeping this coalition going will be harder than keeping the Titanic afloat after it met the iceberg.

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