Spend your tax break on beer–official permissionPosted: January 26, 2009
Rosie Cooper, MP for West Lancashire, is replying to letters in support of the British Beer and Pub Association-sponsored campaign to axe the beer tax. Apparently the recent tax changes–presumably she means the cut in VAT–mean that “households have on average an extra £20 a month to spend”, a sum that will help protect jobs in the pub industry and elsewhere. In other words, “You have more money: spend it on beer.” While that may not be the best financial advice at a time of economic catastrophe, it has a certain appeal. At this stage though maybe it would be better if the Bank of England just cut out the middle man and started printing beer tokens.