European Country | Standard VAT* | Reduced VAT* |
| Austria | 20% | 10% |
| Bulgaria | 20% | 7% |
| Belgium | 21% | 6-12% |
| Cyprus | 15% | 5-8% |
| Czech Republic | 20% | 10% |
| Denmark | 25% | |
| Estonia | 20% | 9% |
| Finland | 22% | 8-17% |
| France | 19.6% | 5.5% |
| Germany | 19% | 7% |
| Greece | 23% | 5.5-11% |
| Hungary | 25% | 18% + 5% |
| Iceland | 24.5% | 14% |
| Ireland | 21% | 13.5% |
| Italy | 20% | 10% |
| Latvia | 21% | 10% |
| Lithuania | 21% | 5-9% |
| Luxembourg | 15% | 6-12% |
| Malta | 18% | 5% |
| Netherlands | 19% | 6% |
| Norway | 25% | 8-14% |
| Poland | 22% | 7% |
| Portugal | 21% | 6-13% |
| Romania | 24% | 9% |
| Slovakia | 19% | 10% |
| Slovenia | 20% | 8.5% |
| Spain | 18% | 8% |
| Sweden | 25% | 6-12% |
| Switzerland | 7.6% | 3.6% |
| United Kingdom | 20% | 5.0% |
With fuel this is going mean the most basic of business overhead is primarily tax upon tax upon tax. The best way to attack the structural deficit is to reduce Government spending drastically and ending expensive overseas military adventures. We have been in Afghanistan for ten years, that is WW1 and WW2 combined.
The underlying Fabian idea shared by the Liberal Conservatives and the Labour Party is that the State is a force for good, this means that Governments consider that their role is nothing less than crucial to our national well being. It was Tax that broke the British in North America, how many of our fellow citizens are going to wake up this morning and realise that for nearly half of the year they will be working directly for the State like some neo-serf working for his Lord for free as part of his dues.
Higher rates of taxation means the need for a more coercive and intrusive state to collect these taxes. See Richard Wellings of the IEA.
This will have direct consequences for our personal Liberties.
Please read this by Charles Crawford on the irrational response by the 'left' to the mess they have created.
I am not the only one who believes that Constitutional Reform on the Swiss model is essential.
6 comments:
I thought LPUK was officially in favour of consumption taxes on luxuries since they are effectively voluntary? We are official against income tax for the opposite reason.
We should be against all tax increases.
Indeed we should be against all taxes.
We are but for the first time the debate about Tax has been entered. We have to add our voice.
Unfortunately the deficit does exist, one of our first policies was the reduction of the national debt going back to Nov 2007, whilst the Tories were advocating 'sharing national growth' and before the Northern Rock run.
Our economic policy should centre around growth rather than taxation. For instance, legalising cannabis would create a whole new industry in the country, and also provide a massive boost for tourism. If you consider how many pubs there are in the ccontry, there could be just as many Amsterdam-style smoking cafés. I don't see why a "green new deal" couldn't create upwards of 100,000 private sector jobs in a very short space of time. Releasing those convicted of drug offenses from prison would reduce spending too.
Deregulation of small business is also urgent. Businesses, despite paying rates, do not receive free recycling collection from councils, and employees are forbidden from taking recycling home. It's utter madness that they can't carry home a few plastic bottles for the council, who come round anyway, to pick up. If a hairdresser takes home hair and puts it on the compost heap, he or she is breaking the law and can be fined.
Stopping all this CRB check nonsense would not only boost economic activity, but make this a much nicer country to live in; I don't see how we've got to a stage where people assume everyone is a paedophile who hasn't been caught yet. Is someone who stole sweets when they were sixteen a danger to children? Probably not, but they'll never find work in a school.
These kinds of things wouldn't cost a penny, but would certainly help the economy. It's these kinds of measures we should champion before advocating tax rises.
Simon said...
I thought LPUK was officially in favour of consumption taxes on luxuries since they are effectively voluntary? We are official against income tax for the opposite reason.
Guthrum said...
We are but for the first time the debate about Tax has been entered. We have to add our voice.
And the voice you're adding, Andrew, is one that simultaneously is merely echoing all others (nobody -- publicly -- likes any tax rise), and, as Simon said, is at divergence with LPUK stated policy.
If you wanted to be both honest and have more chance of being heard, your piece could have been "all tax is wrong, but whilst we still need tax here's why VAT (on non-essentials) is the best possible tax".
Throughout the wall-to-wall media coverage of the VAT rise, I've not read or seen anybody trumpeting the benefits of consumption-based taxes; had you taken this line, you may have got some much needed MSM coverage, and would certainly have stayed consistent with stated party policy.
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