Why is Rishi Sunak trying to make the cost of living crisis WORSE?

Online shopper: well, no. He was actually taking part in an online question and answer session. But it’s reasonable to expect Rishi Sunak to do SOME shopping on the Internet, isn’t it?

There’s a lack of joined-up thinking here.

Rishi Sunak has been trying to float the idea of a tax on online retailers, to fund a cut in business rates for High Street businesses.

But those very firms have contacted that Chancellor to point out that such a tax would hit them as well – they have websites too.

In a letter to Sunak, dated May 27, the companies and industry groups involved stated: “We believe an OST would… hurt – not help – the high street, and stifle retail innovation and investment.

“The burden of business rates on retail is too high and needs reforming, but an additional tax on a sector that is already overtaxed is not the answer.

“Retailers would have little choice but to pass on an OST to consumers in the form of higher prices thereby fuelling inflation,” they state. The burden “is likely to fall heaviest” on groups including “people on lower incomes”.

Perhaps This Writer is missing the point, but wouldn’t it be logical to use the tax system in order to achieve the required effect?

So perhaps a reduction in business rates paid by firms that have physical shops, in tandem with the introduction of a levy on online retailers would hit the right spot?

The problem here is that Sunak is not intelligent enough to find a nuanced way forward.

Asking him to find answers to these problems is like asking a surgeon to operate while wearing boxing gloves.

Source: Rishi Sunak’s online sales tax will hurt the high street, retailers warn

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.


Vox Political needs your help!
If you want to support this site
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Here are four ways to be sure you’re among the first to know what’s going on.

1) Register with us by clicking on ‘Subscribe’ (in the left margin). You can then receive notifications of every new article that is posted here.

2) Follow VP on Twitter @VoxPolitical

3) Like the Facebook page at https://www.facebook.com/VoxPolitical/

Join the Vox Political Facebook page.

4) You could even make Vox Political your homepage at http://voxpoliticalonline.com

And do share with your family and friends – so they don’t miss out!

If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Buy Vox Political books so we can continue
fighting for the facts.

The Livingstone Presumption is now available
in either print or eBook format here:

HWG PrintHWG eBook

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here: