Erm perhaps not. 20% VAT rate is here to stay. Apparently.
George Osborne hints he would lower income tax before cutting VAT - Telegraph
The Chancellor said he considered the new 20 per cent VAT rate “permanent” and refused to say it would come down once the economy recovers and the deficit paid down.
Oh, the 20% VAT rate is a price worth paying apparently, Yes, just like 4 million unemployed was a price worth paying, wasnt it lamont?
George Osborne hints he would lower income tax before cutting VAT - Telegraph
The Chancellor said he considered the new 20 per cent VAT rate “permanent” and refused to say it would come down once the economy recovers and the deficit paid down.
Oh, the 20% VAT rate is a price worth paying apparently, Yes, just like 4 million unemployed was a price worth paying, wasnt it lamont?
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