Tories and VAT

A few years back prior to Labour winning the 1997 General Election I remember going out and campaigning against the Tory Government's plans to put Value Added Tax on domestic fuels.

There for it was interesting to read of Tory leaning Think Tank Reform www.reform.co.uk proposing that VAT be extended to areas such as Food and Childrens clothes.

Indirect taxation hits the weaker members of society the hardest as there have less disposable income the Tories have a pretty bad record of VAT increases.

It was Tory Governments that increased VAT from 8% to 15% and finally to 17.5%.

Whislt the the Tories pretend to be the party of low taxation the truth is far from with plans to give Inheritance Tax breaks to the richest 500 estates in the UK the Tories really can not be trusted when it comes to taxation.