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G-Raffe wrote: »
I do like these occasional mentions of "stealth" taxes! I usually know where and when and how im being taxed. Like VAT for example, a pretty obvious one
Louisek wrote: »
If the price is raised then the goverment take more in VAT, in my opinion this is no more than a tory stealth tax.
CptCoatHanger wrote: »
I didn't think that the economics of it were quite that straightforward. The idea is "[to stop] selling drinks for less than the tax paid on them". Now my maths and economics is weak, but that suggests that tax isn't directly proportionate to price - it sounds like you could currently sell a bottle of beer for 30p, yet be forced to pay 45p tax. Ergo, under the new laws you'd be forced to sell the bottle for 45p: no more tax would be raised.
I'm fully willing to accept I've got the concept all back-to-front!