davidinhull
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| posted on 24/11/08 at 08:48 PM |
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quote:
Originally posted by Jasper
Well, I have a retail business, and there is no way I will be reducing my prices by 2.5%. The time it would take to physically change all my prices in
my shop and online will completely outway any extra sales I might get.
I have no intention of physically repricing every item in my shop - 2.5% extra profit thankyou - so a cut in VAT is good for my business!
hopefully I'll then spend it in the shops who have cut there prices - double the winnings
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Jon Ison
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| posted on 25/11/08 at 08:43 AM |
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quote:
Originally posted by Jasper
Well, I have a retail business, and there is no way I will be reducing my prices by 2.5%. The time it would take to physically change all my prices in
my shop and online will completely outway any extra sales I might get.
So you have just been handed a 2.5% income increase by Mr Darling ? Hope you take time out to say thankyou.
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woodster
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| posted on 25/11/08 at 10:29 AM |
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quote:
Originally posted by skydivepaul
Did anyone miss this part
However, Mr Darling said he will "offset the VAT reduction" by increasing duties on petrol, alcohol and tobacco "by an amount which
should keep the overall cost to consumers the same this year".
so give a temporary cut in VAT, a permanent increase in fags, booze and petrol and then put the VAT back up..................................top
plan!!!!
well said ... more of the same ... pubs closing and the motorist pays more ............. Vince Cable seems to be the only one talking sense
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David Jenkins
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| posted on 25/11/08 at 12:26 PM |
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There was a program about the USA national debt on TV last night - very, VERY scary stuff, as they have the biggest debt in the world.
And guess who's number 2?
Correct - the UK.
And we're about to add to the debt.
There was another prog on C4 last night - The Ascent of Money - which described how government bonds work (or don't work). Also very scary when
watched just after the other program.
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