Value Added Tax Increase

EDM number 317 in 2010-12, proposed by Kate Green on 23/06/2010.
Categorised under the topic of Taxation.

That this House believes value added tax (VAT) is an unfair and regressive tax which disproportionately affects people on lower incomes, including pensioners and the unemployed who do not pay income tax or national insurance; further believes that the temporary reduction in VAT to 15 per cent. in 2009 was a successful measure in stimulating the economy during the recession; and opposes the unfair increase in VAT to 20 per cent. announced in the Budget, which will hit the poorest families and pensioners in society hardest.

This motion has been signed by a total of 109 MPs, 1 of these signatures have been withdrawn.