Comments on: Shops should cut Vat now http://dofonline.co.uk/blogs/the-edge/business/shops-should-cut-vat-now-144455/ Richard Northedge takes on corporate finance Tue, 22 May 2012 04:03:56 +0000 http://wordpress.org/?v=2.5.1 By: Monevator http://dofonline.co.uk/blogs/the-edge/business/shops-should-cut-vat-now-144455/#comment-2966 Monevator Sat, 29 Nov 2008 15:13:08 +0000 http://dofonline.co.uk/blogs/the-edge/?p=227#comment-2966 Come on, the VAT cut is fiddling at the edges. I bought a new Apple laptop yesterday that has 8% lopped off as part of the company's global 'Black Friday' sales. Whereas 2.5% is a rounding error. I also think it's a pretty odd policy of the government to risk embedding deflation. Boosting infrastructural investment to support the UK 'mittlestrand' and increasing the velocity of money supply would have been more useful, in my view. Come on, the VAT cut is fiddling at the edges. I bought a new Apple laptop yesterday that has 8% lopped off as part of the company’s global ‘Black Friday’ sales. Whereas 2.5% is a rounding error. I also think it’s a pretty odd policy of the government to risk embedding deflation.

Boosting infrastructural investment to support the UK ‘mittlestrand’ and increasing the velocity of money supply would have been more useful, in my view.

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