Quote:
Originally Posted by Mancie
Who has "reckoned" the so called balck economy runs into billions? how many people do you know that work on the side and claim benifits?..and what about the people in our society that depend on these so called benifits.. such as state pensioners? do they have to pay this massive hike in VAT on what they buy to compensate for someone who for example.. feels like buying a speed boat or yatch from the nil tax they pay?
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Valid points Mancie, I wondered why this thread had 'died' a death, if VAT was on food as well, half the population would starve. In Sweden when I worked over there income tax was 50% accross the board yes for everyone, VAT was 33% on eveything including food, I think they called it MOMS, it was then up to each individual or family to claim back as much as they could, thus eliminating a lot of the paperwork jambutty was trying to find a way to do away with. I am aware this is a poor comparison because despite the size of Sweden London has a larger population. (I think)?