Thursday, February 26, 2009

Because of the increased excise tax on alcohol 75 thousand Britons lose their jobs.

The decision of the British Government to raise excise duty on alcohol could cost the work of 75 thousand people employed in the industry. This writes The Telegraph, referring to the leading figures in the country association of producers of alcoholic beverages.
In addition, higher taxes lead to higher prices for alcohol at 17 percent. Sales volume in this case will fall to 11 per cent and the budget shortfall over the next five years, taxes on 1.6 billion pounds sterling (about 2,3 billion dollars).
The authorities are planning the UK from March to raise the excise duty on alcohol over the next four years. It was expected that the amount of tax to be indexed, depending on the level of inflation plus two per cent.
In late 2008, British doctors report that more than 10 million people in Britain consume alcoholic beverages in quantities Affecting Health. In the fight against alcohol Parliament proposed to prohibit bars and shops selling alcohol to Decrease prices.

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