In a party of one, George Galloway suggests Government should impose VAT on tabloids

Axegrinder almost feels sorry for Respect MP George Galloway. See this recent, rather whacky, early day motion from him.

“That this House urges the Government to impose VAT on daily and Sunday tabloid newspapers which are principally in the entertainment industry rather than the news business; and believes that such a measure could bring in an estimated revenue of £3 billion a year to HM Treasury which could be used for house-building and infrastructural measures to stimulate the economy.”

The £3bn figure is bonkers and suggests total circulation revenue for the tabloids alone of £15bn! 

The motion has one supporter so far. Yes, Galloway himself.

No comments to display

Leave a Reply

Your email address will not be published. Required fields are marked *