Will a VAT cut make you spend more this Xmas?

The Pre-Budget Report is expected to see Value Added Tax cut from 17.5% to 15% as part of a £15 to £20 billion "fiscal stimulus" to encourage spending and spur economic growth. The Chancellor is also said to be unveiling the plan for a 45% top rate on people earning at least £150,000 a year. Will a 2.5% VAT cut make any difference to how much you spend this Xmas?

 

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  1.  
    mac from scotland says:
    Dec 21, 18:26

    you cant see a difference at all, its only pennies

    Will a VAT cut make you spend more this Xmas?
    No
  2.  
    blue from cardiff says:
    Dec 21, 18:23

    NO AS I GOT LAYED OFF COZ OF BROWN !!!!!!!!!!!!!!

    Will a VAT cut make you spend more this Xmas?
    No
  3.  
    sprite from kettering says:
    Dec 21, 18:10

    all done in 1 day .

    Will a VAT cut make you spend more this Xmas?
    No
  4.  
    Mr. Scrooge from Dundee says:
    Dec 21, 17:57

    Bah Humbug NO.

    Will a VAT cut make you spend more this Xmas?
    No
  5.  
    ian from hants says:
    Dec 21, 17:57

    wont bother me got all i need and a massive bank balance by working every spare min and being a tight git all year xmas makes me richer so sod you lot try working instesd of free loading

    Will a VAT cut make you spend more this Xmas?
    No

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