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Friday, March 20, 2015

Beer Duty Cuts Bollocks

Unless beer duty cuts result in more people buying beer in pubs there is no impact on the economy other than a significant wind fall for brewers as their tax payments drop by millions. Beer duty is levied at the producer not the retailer and a 1p cut is ALWAYS absorbed by the brewers putting their wholesale prices up around the same time as a budget. The cuts NEVER get passed onto the consumer which is where they would have impact on sales so the assertion that such cuts increase economic activity and demand for beer and invents new jobs is completely disingenuous and false.

This is all part of the Great British Pubco Scam. George Osborne is a key figure in it, along with David Cameron he's been blocking anti tied pubco regulation for years.

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