Ribble Valley Liberal Democrats

News: Browne: Wasteful VAT cut only benefiting the rich

9.52.00pm BST (GMT +0100) Tue 7th Apr 2009

The Government’s VAT cut is benefiting the richest households the most, figures highlighted by the Liberal Democrats have revealed. The richest households will save around £1.2bn from the Government’s VAT cut, while the poorest 10% will only save an estimated £360m.

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Tue 7th Apr 2009:

Browne: Wasteful VAT cut only benefiting the rich.

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