LUXURY TAX

• Raise VAT and Excise Duties on luxury items to 33.3 per cent (Winston Churchill did that with a luxury tax in 1940).
  
  
• Background Example 2021 ..."Tories cuts tax on a bottle of Bollinger champagne by around 64p a bottle."... "Some 14.3 million bottles of Champagne worth £418 million were sold in the UK"... in 2021