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Government Moves to End Bank Levy, while putting up VAT for Consumers

Government Moves to End Bank Levy, while putting up VAT for Consumers

Ending the Levy on Banks

In the middle of the worst economic crisis in decades, the government has announced that they will be ending the levy on banks that was brought in after the bailout โ€“ a move seen by many as essentially letting the banks off the hook after being saved by the taxpayers.

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