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What the British people and the economy need right now...
This was a typical stealth tax by Labour. Drop VAT by 15% then say you have to raise petrol by 2p a litre to compensate. Now will the petrol tax be reduced when the VAT rate is returned to 17.5% ? I think you guessed correctly !!
.. and on top of that the price rises again because the 17.5% is on top of the 2p rise !!
This was a typical stealth tax by Labour. Drop VAT by 15% then say you have to raise petrol by 2p a litre to compensate. Now will the petrol tax be reduced when the VAT rate is returned to 17.5% ?
You can forget about 17.5% VAT - it will be 21% (European standard). That's why they chose VAT to drop.
Petrol prices have plummeted since last year. Even with 2p a litre price rise, you're still at least 20p a litre better off. Although that may all be a conspiracy between the government and the oil companies. And the banks. And the Israelis. And the lizards.
Petrol prices have plummeted since last year. Even with 2p a litre price rise, you're still at least 20p a litre better off. Although that may all be a conspiracy between the government and the oil companies. And the banks. And the Israelis. And the lizards.
You forgot my lot!
(Or was that intentional.....?)
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