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Tampon Tax : who should decide
Comments
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Here's some chap from the IEA who thinks it's 17%.
http://www.iea.org.uk/blog/abolish-the-cap-let-food-prices-tumble
it looks/reads like he is talking about base ingredients
So if you buy sugar flour rice corn raw meat all from big wholesalers by the 30 ton truck it might well be 17% but its not likely to be 17% of a typical food basket for a typical family.
If for no other reason than a lot of the food cost of foods is not even 17%. Taking the extreme think of a £4 cup of coffee. There is no way the EU farming subs adds 17% to that. Or even a packet of biscuits for £1 which has only about 10p worth of ingredients in it. clearly the EU did not add 17p to the pack when the food cost is 10p0 -
An important strand of the 'remain' camp is that 'ever close union' has been rejected.
I glad you clearly see it as totally lies and that compulsory standardisation is inevitable if we stay.
Diversity breeds innovation, new ideas and alternative ways of doing things.
It will allows different areas with differing issues, problems and opportunities resolve them to meet local circumstances.
thats great can I have a personal vat rate of 3% and we can slap on a 30% vat rate for you the diversity will breed innovation and new ideas and ways of doing things0 -
it looks/reads like he is talking about base ingredients
So if you buy sugar flour rice corn raw meat all from big wholesalers by the 30 ton truck it might well be 17% but its not likely to be 17% of a typical food basket for a typical family.
If for no other reason than a lot of the food cost of foods is not even 17%. Taking the extreme think of a £4 cup of coffee. There is no way the EU farming subs adds 17% to that. Or even a packet of biscuits for £1 which has only about 10p worth of ingredients in it. clearly the EU did not add 17p to the pack when the food cost is 10p
that makes excellent logic: and proves that, after brexit, EU tariffs won't affect our exports to them at all.0 -
it looks/reads like he is talking about base ingredients...
No, I think he's talking about food.
Or you might prefer this one;
The Taxpayers' Alliance said the CAP – a levy which European members pay to fund the farming industry – cost British consumers around £10.3 billion a year, the equivalent of £398 per household.
http://www.telegraph.co.uk/news/earth/agriculture/5084145/Family-food-bill-400-higher-because-of-EU-agricultural-policy.html
That's from 2009, an on the basis that consumer expenditure on food and drink would have been about £100bn, that it would put it at at least 10%.0 -
mayonnaise wrote: »Clapton won't be happy if they slap a uniform 5% on his tampons.
Does he live in a period property?0 -
No, I think he's talking about food.
Or you might prefer this one;
The Taxpayers' Alliance said the CAP – a levy which European members pay to fund the farming industry – cost British consumers around £10.3 billion a year, the equivalent of £398 per household.
http://www.telegraph.co.uk/news/earth/agriculture/5084145/Family-food-bill-400-higher-because-of-EU-agricultural-policy.html
That's from 2009, an on the basis that consumer expenditure on food and drink would have been about £100bn, that it would put it at at least 10%.
well they are clearly wrong.
think of some foods in a typical basket. for example bread. its about 500 grams of flour.
Well you can buy flour in a supermarket for 30p a kilo.
So when you pay £1 for your loaf of bread you are only paying 15p for flour and the other 85p all goes to non food costs of making and stocking and selling that bread to you
I have also used the price of flour in a supermarket that is retail price. Wholesale price by the truck is probably closer to 10p a kilo so the actual flour in a £1 loaf of break is only 5p
How can the EU farming subs increase the price of food by 10% or 17% or whatever when the actual food in food is only a small percentage (about 5% in the case of bread)
So I think its reasonable to say the price of ingredients like flower might fall 17% if you happen to buy them by the 30 ton truck. However that does not result in a 17% fall in prices in Tesco0 -
No, I think he's talking about food.
Or you might prefer this one;
The Taxpayers' Alliance said the CAP – a levy which European members pay to fund the farming industry – cost British consumers around £10.3 billion a year, the equivalent of £398 per household.
http://www.telegraph.co.uk/news/earth/agriculture/5084145/Family-food-bill-400-higher-because-of-EU-agricultural-policy.html
That's from 2009, an on the basis that consumer expenditure on food and drink would have been about £100bn, that it would put it at at least 10%.
I think they are confusing two things.
The UK might hand over £10.3 billion a year to the EU for the EU to sub farmers which I have no idea if it is true or not. That is not the same as the UK spending £10.3 billion more a year on food nor does it mean food prices would fall by £10.3B outside of the EU
It means outside of the EU the UK would spend £10.3B less on subing farmers.
For food to fall in price by £10.3B the government would need to take that £10.3B and give it to the supermarkets in a sort of negative VAT on food of some 10%0
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