Adding VAT onto private school fees looks to be one of the worst education policy decisions of recent decades. Forced closure of good schools, disrupted children's education, and likely to cost taxpayers more than will ever be recuperated. Terrible.
@Boro fan and unbelievably happy that justice has been served. If you love fair football this is the right outcome. But feel for many @saints fans particularly those parents who have to explain to children and those children who will miss out on their first trip to Wembley.
VAT on private school fees was sold as a policy on two grounds.
1) Taxpayers were “subsidising” private education of the wealthy.
2) The policy would raise £1.5 billion a year and fund 6,500 new teachers.
These were both lies, and have been proven to be so.
The Adam Smith Institute (ASI) suggests that the net cost to the economy of this crazy policy could reach as much as £1.58 billion.
In other words
1. Private schools were actually already subsidising state education.
2. Rather than filling the public purse with extra revenue this policy is sucking funds out of the public sector pot.
Once again, as with every major government policy, these people were elected on a raft of lies and invalidated assumptions.
@Boro@Boropolis Awful comments below- another dominant performance but lacking the finishing touch which will come. Against Millwall and Ipswich they will come at us and we will profit. Hard work and belief- this is our year, let’s back the team and everything they give. UTFB ❤️
I know I’m biased, but this is one of the best jobs in the world. Joining F-T in 2013 & becoming CEO in 2015, I’m proud of what we’ve achieved together-growing the Trust & making a real difference for our children, families & communities.A truly special team. Please take a look.