Posted Thursday 31st May 2007 11:17 GMT
Simplest solutions are the best
Just scrap VAT altogether.
It is a grossly unfair and complex tax which should never have been introduced. Increase income tax to make up the loss and then we can give the poor some breaks on it. With VAT, the poor are taxed much harder than the rich, as a proportion of their income and it's very hard to give them any reduction in the rate they pay.