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“Mr Gove announced his plan to replace VAT in the Sunday Telegraph, writing that his "business know-how" had allowed him to bring in positive changes to education, the environment and the justice system while in his various ministerial roles.
"My economic plan is driven by the need to increase investment, productivity and wages across the country, with a special focus on helping those areas and regions where productivity is lower," he wrote.
"It would mean reducing the regulations which hold business back, cutting and reforming taxes - such as business rates - which put pressure on small businesses and undermine our high streets, using the opportunity of life outside the EU to look to replace VAT with a lower, simpler, sales tax," he added.”
Tory leadership contest: Michael Gove 'would scrap VAT' - BBC News
So Toad will just scrap and replace one of the most collectable taxes - £145 bln per yer, plus business rates - and that will magically reduce taxation levels
"My economic plan is driven by the need to increase investment, productivity and wages across the country, with a special focus on helping those areas and regions where productivity is lower," he wrote.
"It would mean reducing the regulations which hold business back, cutting and reforming taxes - such as business rates - which put pressure on small businesses and undermine our high streets, using the opportunity of life outside the EU to look to replace VAT with a lower, simpler, sales tax," he added.”
Tory leadership contest: Michael Gove 'would scrap VAT' - BBC News
So Toad will just scrap and replace one of the most collectable taxes - £145 bln per yer, plus business rates - and that will magically reduce taxation levels
