VAT Archive

Cameron Says Nothing Is Taboo as U.K. Tries to Boost Economy

How about suspending VAT? Cameron Says Nothing Is Taboo as U.K. Tries to Boost Economy By Eddie Buckle Sep 4 (Bloomberg) — Prime Minister David Cameron said “nothing should be taboo” as the government considers extra measures this fall to boost Britain’s flagging economic growth. “We haven’t gone far enough,” Cameron wrote ...Read More

Value added tax

[Skip to the end] Yet another regressive proposal that punishes lower income earners disproportionately, as the Obama administration seemingly continues to pursue policies that shift real wealth from the bottom to the top, as Europe has done for decades. It’s also highly contractionary as it reduces aggregate demand, and the higher prices ...Read More

King Says U.K. Recovery May Be ‘Long, Hard Slog’

[Skip to the end] So how about recommending a suspension VAT for a bit??? King Says U.K. Recovery May Be ‘Long, Hard Slog’ by Robert Schmidt June 24 (Bloomberg) — “There has to be a risk that it will be a long, hard slog” because of the problems in the banking system, ...Read More