Why Don’t the Tories Propose to Cut VAT on Energy Products?

Guido doesn’t understand why the Tories don’t propose an alternative to taxing energy suppliers, since the cost of a “Windfall” tax would inevitably be passed on to consumers and the money only end up in a Treasury black hole once it got into the Whitehall bureaucracy.
Why not instead advocate the removal of VAT on energy bills and energy saving goods, insulation and devices? A green tax cut on eco-products would please the Zac Goldsmith wing of the Tories, a tax cut would please the voters.
Of course the E.U. would rule such a VAT cut out of order on tax harmonisation grounds, Cameron could take the opportunity to demonstrate his moderate euro-scepticism and argue that this is something that really should be decided by the British government and voters, not the European Commission’s tax commissars. It would demonstrate in a practical populist and easy to understand way how the E.U. costs British consumers. The government would be forced on to the back foot, defending E.U. enforced taxation levels. The LibDems are led by a fanatical europhile, so despite Clegg’s new found zeal for tax cutting, he would not support this progressive tax cut. It is a win-win.



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Former public schoolboy Chuka Umunna told the  ‘Exit From Brexit Dinner’…

“Remainians, Remoaners, I don’t care what the label is, I’m proud. It’s fashionable to label everyone in this room as the liberal metropolitan elite . . . This caricature is promoted by a bunch of former public schoolboys!” 

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Momentum Claims Only a Tiny Fraction of the Hundreds of Thousands it Raised for the Election Were Spent on the Election Momentum Claims Only a Tiny Fraction of the Hundreds of Thousands it Raised for the Election Were Spent on the Election
Labour Delays Kelvin Hopkins Decision Labour Delays Kelvin Hopkins Decision
Who’s In The Final Running To Be New BBC News Director Who’s In The Final Running To Be New BBC News Director
Juncker Facing Criminal Probe After Spy Scandal Juncker Facing Criminal Probe After Spy Scandal
Tom Brake: Media Aren’t Patriotic Enough Tom Brake: Media Aren’t Patriotic Enough
BBC Hypes Gloomy Brexit Report By EU-Funded Think Tank BBC Hypes Gloomy Brexit Report By EU-Funded Think Tank
Brussels Booze-Up Bonanza Brussels Booze-Up Bonanza
Labour Peddle More Animal Sentience Fake News Labour Peddle More Animal Sentience Fake News
Corbyn Launches Labour Muslim Group Headed By “Israel Has No Right to Exist” Activist Corbyn Launches Labour Muslim Group Headed By “Israel Has No Right to Exist” Activist
Clive Lewis Investigation Dropped Clive Lewis Investigation Dropped
Tories Take Poll Lead Tories Take Poll Lead
Cult of Corbyn – Christmas Edition Cult of Corbyn – Christmas Edition
McDonnell’s Socialism (With Diagram) McDonnell’s Socialism (With Diagram)
Labour’s “Easy Movement” Muddle Labour’s “Easy Movement” Muddle
UK Number One Developed Economy For New Business UK Number One Developed Economy For New Business
Guardian and BBC Fail to Mention Kerslake is Labour Adviser Guardian and BBC Fail to Mention Kerslake is Labour Adviser
Max Clifford Dead Max Clifford Dead
Sunday Show Highlights Sunday Show Highlights
Labour Candidate’s $3000-a-Bottle Champagne Labour Candidate’s $3000-a-Bottle Champagne
Khan Gets Brexit-Bashing Corbynistas To Write His ‘Independent’ Impact Papers Khan Gets Brexit-Bashing Corbynistas To Write His ‘Independent’ Impact Papers