Friday, February 12, 2010

New tax bombshell: 20% VAT

New tax bombshell: 20% VAT - Times Online
"Alistair Darling and George Osborne, the Shadow Chancellor, are both considering raising VAT to as high as 20 per cent — the European average — from the current rate of 17.5 per cent, The Times has learnt."

This is the Europe the American left (and Obama) tells us is our economic model and goal.

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