Stop Quantitative Easing. Temporarily zero rate VAT and Basic Rate Income Tax to directly stimulate the economy, rather than giving money to banks.

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Stop Quantitative Easing. Temporarily zero rate VAT and Basic Rate Income Tax to directly stimulate the economy, rather than giving money to banks.

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The economy is back in recession showing Quantitative Easing has not, (and will not) work. To stimulate demand in the economy any future monies that would be given to banks for Quantitative Easing (about £50 billion on the last occasion) should be returned directly to the public in the form of zero rating of VAT and the Basic Rate Income Tax until £50 billion of tax relief has been accrued.

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