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User Name Thread Name Subject Posted
DMcG BS: UK thread, Politics and political (1525* d) RE: BS: UK thread, Politics and political 19 May 20


I half expect someone to point out that the 2.5% on Christmas trees is almost certainly 2.5% on all timber, and for lots of industries that will be a significant amount.

Which is quite true, but misses the point that this is *political* announcement. It is decidely not about how these tariff changes are good for business, because they don't mention business. It is entirely, wholeheartedly, and specifically about how you, our Brexiteer supporter, are going to be better off. We promised leaving the EU would cut your taxes, and here we are: we have kept to our promise.

As it happens, our dishwasher gave up the ghost recently and we bought a fairly expensive one because it came with a longer guarantee than the cheaper models. That had £14 tax approximately, it seems. We would hope to make it last at least 5 years - the guarantee period - so that is £3 per year. That is noise at a household budget level.

In the scheme of things, almost all of these are trivial. How much yeast does a typical household buy per year? Not many will buy enough to build up £1 of tax over the year, I would guess.




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