The Mudcat Café TM
Thread #161908   Message #3851600
Posted By: Dave the Gnome
21-Apr-17 - 08:11 AM
Thread Name: BS: UK General Election
Subject: RE: BS: UK General Election
It doesn't ignore anything, Nigel. There is no mention of those other things because they are not required. I have kept it simple to demonstrate that those on lower incomes pay a higher percentage of their disposable incomes in VAT.

Let us make it even simpler.

If my disposable income is 1000 and I pay 10 in VAT on goods and services I have used 1% of my disposable income on VAT.

If I purchase the same things yet have only 100 disposable income I have used 10% of my disposable income on VAT.

It really is quite simple. Now, can you tell me how someone who has more money pays more in VAT on the same goods and services?

DtG