(Note: Pre Budget article)
Tim Loughton, MP for East Worthing & Shoreham (West Sussex) yesterday wrote an article on the website ‘Conservative Home’ where he pleads with George Osborne to lower the duty on Wine & Spirits at the next budget by 2% because “Who doesn’t deserve to enjoy a responsible glass of wine at the end of a hard week?”
He claims that 600k jobs are dependent on the wine industry and that a cut to the duty would see the industry boosted and jobs secured and more money put into the hands of the producers. It’s said that in every £5 spent on a bottle of wine just 47p goes into the hands of the producers.
Mr Loughton goes onto say “Consumers deserve less tax, We are the party of working people”. Well this move may result in less tax but that wont result in less money coming…
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