While the decreased position on VAT rates may seem appealing to some, it's essential to consider the potential consequences of such a decision. Lowering VAT rates could decrease government revenue, which could lead to a reduction in public services or an increase in other taxes to make up for the loss. Additionally, if the decrease in VAT rates is not accompanied by a reduction in the cost of goods and services, it may not significantly benefit consumers. Finally, there is also the possibility that a reduction of VAT rates could lead to inflation, which could further harm the economy. Therefore, it's essential to carefully weigh any proposal's potential benefits and drawbacks to lower VAT rates.
