Lyrics & Knowledge Personal Pages Record Shop Auction Links Radio & Media Kids Membership Help
The Mudcat Cafesj



User Name Thread Name Subject Posted
Nigel Parsons BS: UK General Election (410* d) RE: BS: UK General Election 21 Apr 17


Second thought while I was typing - No need to refactor anything but I will rephrase. If someone with £10 has to buy an item for £1.20 and 20p of that is VAT then they have used 2% of their money on VAT. If someone with £100 buys the same item they have only used 0.2% of theirs. The poorer person has paid 2% in tax while the richer one has only paid 0.2%. It would be much fairer to remove this inequality This is NOT a tax inequality. The percentage relates to the cost of the item bought and is 20% of the net price.
The person with the higher income can buy many more of these items than the person on the lower income, but the total number bought will be in relation to their available funds. No matter how many of these items are bought the tax rate (VAT) on them is still going to be 20%.


Post to this Thread -

Back to the Main Forum Page

By clicking on the User Name, you will requery the forum for that user. You will see everything that he or she has posted with that Mudcat name.

By clicking on the Thread Name, you will be sent to the Forum on that thread as if you selected it from the main Mudcat Forum page.
   * Click on the linked number with * to view the thread split into pages (click "d" for chronologically descending).

By clicking on the Subject, you will also go to the thread as if you selected it from the original Forum page, but also go directly to that particular message.

By clicking on the Date (Posted), you will dig out every message posted that day.

Try it all, you will see.