John Walker's Electronic House

Tag: budget

LIB DEM VAT BOMBSHELL

by on Jun.22, 2010, under The Rest

KERPOW

It’s hard to find words to express the horrific duplicity of Nick Clegg and his Liberal Democrat party. So to comment on today’s budget, and the announcement from the Coalition Government that VAT would be raised to 20%, I’m instead going to use some words Nick Clegg said on the 8th April:

Nick Clegg reveals Tories’ £13bn VAT bombshell

“Liberal Democrats have costed, in full, our proposals for tax cuts. We can tell you, penny for penny, pound for pound, who pays for them.

We will not have to raise VAT to deliver our promises. The Conservatives will. Let me repeat that: Our plans do not require a rise in VAT. The Tory plans do.

Their tax promises on marriage and jobs may sound appealing. But they come with a secret VAT bombshell close behind.

So if you’re on an ordinary income, you have a choice. If you want your taxes to rise: vote Labour or Conservative. If you want your taxes to fall: choose the Liberal Democrats.”

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