Truss considers cutting VAT to 15%

VAT but provides a huge proportion of tax yield

Without it, cuts to NHS, social care, schools etc would be inevitable

Because VAT is a sales tax, this is a giveaway for the wealthy, who buy more stuff

#TrussDisaster

https://news.sky.com/story/cost-of-living-crisis-liz-truss-considers-nuclear-option-of-cutting-vat-to-15-12683603

🐦🔗: https://nitter.eu/GreenPartyMolly/status/1564142025498312705