I’m reminded of an anagram I came up with many years ago, when I was a nerdy teenager and the Tories had just extended VAT to domestic heating, a couple of years after raising the rate from 15% to 17.5%:
CONSERVATIVE PARTY = VAT TRAPS EVERY COIN
(Those of you who are confident that Alistair Darling was quietly planning a VAT rise as well can now claim for the hypocrisy triple.)
1 comment:
Did you listen to Tim Harford on his 'More or Less' programme - he demonstrated that VAT isn't quite as regressive as people think it is.
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