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.  
    Lenny the grabber from Sink estate says:
    Dec 21, 22:32

    Hey enjoy your Christmas. Then think it will take you until about the second week in July to start earning for yourselves. Still at least your taxes go to a good cause, me and me smack 'ed mates LOL

    Will a VAT cut make you spend more this Xmas?
    No
  2.  
    Jim from Yorkshire says:
    Dec 21, 21:50

    Drink all - Eat all - Buy all - Credit all - Go insolvent & then pay the grabbing bugg--s sod all! .... Have a merry xmas mr bank manager, see how you like it. LOL.

    Will a VAT cut make you spend more this Xmas?
    No
  3.  
    mnm from somewhere says:
    Dec 21, 21:16

    NO,i hav an obligation 2 make sure that all civil servants,especially all council workers hav a wonderful xmas,and then 2009 time 2 ki-l the cu--s.

    Will a VAT cut make you spend more this Xmas?
    No
  4.  
    jmb from cheshire says:
    Dec 21, 21:08

    christmas is on the same date every year we know its coming no big surprise try saving for it i wont be scrimping on nothing merry christmas

    Will a VAT cut make you spend more this Xmas?
    Yes
  5.  
    jmb from cheshire says:
    Dec 21, 21:07

    christmas is on the same date every year we know its coming no big surprise try saving for it i wont be scrimping on nothing merry christmas

    Will a VAT cut make you spend more this Xmas?
    Yes

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