Those without talent always choose socialism/communism.
And despite the myriad failures of all variations on this sorry excuse for an economic system, the vast majority of those in college (who do not have the intellectual horsepower nor moral ability to handle it) will falsely believe that they can make it work and once again attempt to see if they can make it succeed.
Stupidity is trying the same thing over and over and expecting different results. (bad misquote...but the idea’s there).
This is exactly what happens with a VAT Tax. It’s controlled by politicians and people never see it coming when they raise the tax.
This increase by my quick calculations in converting the litre to gallons and the pounds to dollars would equal an increase of $4.51 per gallon. Ain’t socialism great!!
People will drive less and stores will have fewer things delivered. The tax collection will not increase nearly as much as they think.
Brits pay about the equivalent of about $7.32 per gallon of regular unleaded gasoline (if calculations are correct).
perhaps cooking oil could be
substituted for diesel
VW 1 litre
“”This is while VAT will rise by 2.5 percent on 4 January””
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I believe what they meant to write is that VAT will increase from 17.5% to 20.0% on Jan 4. If so that is a 12% increase.