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CLEAN: Britain raises sale tax in government move to slash deficit
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Business, Social Studies, Economics
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10th - 12th Grade
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Hard
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The video discusses the impact of economic policies on the UK's growth, highlighting the effects of fiscal consolidation and tax increases, particularly on the poorest in society. It examines the temporary effects of a VAT increase and its alignment with European standards, suggesting that inflation will stabilize by 2012.
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