The Tories, VAT and squeezing the poorest in the UK

Posted on

There’s a good feature on Left Foot Forward on VAT — and the political cynicism behind Osborne’s move to make the increase permanent — which will just (again) make the tax system in the Uk yet more regressive and oppressive.

This is their graph on VAT rates since 1973:

It’s only ever gone up under the Tories.

Odd that, isn’t it?

And now the rate is the same is income tax.

No wonder the poor feel worse off.