Though Labour and the Tories have denied having any current plans to increase VAT, neither will rule it out and The Times understands a rise in the tax is being considered by both parties.
One City source close to the Tory tax team said: “There is a view across the Conservative Party that VAT is going to have to go up.”
Let's see, they could cut the informers running around making sure you don't watch tv without buying a license, they could cut all the nannies running around fining people for not properly sorting their trash, they could cut all KINDS of crap; but no, they'd rather raise taxes again.
Yeah, THAT'S going to save the economy.
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