Sin taxes must be cut to ameliorate rising living costs
Andy Mayer quoted in The Times
Victoria Hewson comments for the Daily Express
Sam Collins comments for the Daily Express
“For example, while the removal of the Universal Credit uplift meant that the poorest were £1,040 worse off, the amount the average family in the poorest 20 percent pays in ‘sin taxes’, such as on tobacco and alcohol, was £1,300.”
“An average [smoking and drinking] family pays £192 per annum in green levies, £891 in tobacco levies, £216 in alcohol duty and £655 on fuel duty. If we were to abolish green levies and halve the rest, the average family would be £1,073 better off per year.”
Read the full article here.