I don't see how a lowering of VAT helps much, in terms of stimulus. VAT is a form of sales tax. It gets paid when you spend. A stimulus should put money in your pocket before you have actually spent the money.
What does this quote mean?
This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.
Best used for
- Instagram captions
- Pinterest quote pins
- Personal reflection
- Speeches
- Greeting cards
Caption suggestions
Instagram caption
"I don't see how a lowering of VAT helps much, in terms of stimulus. VAT is a form of sales tax. It gets paid when you spend. A stimulus should put money in your pocket before you have actually spent the money." — Kwasi Kwarteng #moneywealth
Pinterest title
I don't see how a lowering of VAT helps much, in terms of stimulus. VAT is a form of sales tax…
Pinterest description
I don't see how a lowering of VAT helps much, in terms of stimulus. VAT is a form of sales tax. It gets paid when you spend. A stimulus should put money in your pocket before you have actually spent the money. — Kwasi Kwarteng
About Kwasi Kwarteng
Kwasi Kwarteng was a Politician from United Kingdom (1975–present).
Frequently Asked Questions
Who said "I don't see how a lowering of VAT helps much, in terms of stimulus. VAT is a fo…"?
This quote is attributed to Kwasi Kwarteng, a Politician from United Kingdom.
When did Kwasi Kwarteng live?
Kwasi Kwarteng lived from 1975 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.