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Minimum Alcohol Pricing


scottsdad

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Hoping someone can shed some light on this pub question, is the minimum price only applicable to retail price because one of my mates posed the question, is it also applicable to the wholesale price because he can get a loan of a Booker warehouse card, genuinely asking for a friend.

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54 minutes ago, DeeTillEhDeh said:
On 5/1/2018 at 15:56, Lurkst said:
Wullie Rennie wants it set at 60p a unit minimum.
 

Willie Rennie is a hypocritical arsehole.

In a similar vein, was the whole thing not Kenny MacAskill's baby in the first place?

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3 hours ago, Larry Hood said:

First bottle of whisky I bought in 1977 was £6

Same stuff in 2018 is £14. (before 01/05/18 )

Allowing for inflation it should be around the £30-£35 mark.

So if you like a dram, you have been quids in for 40 odd years.:)

Fuck you ya auld cunt.

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What we need to improve the national health is make products so inaccessible that folk revert to vats of home brew. Potatoes and rice at the ready, Comrades!

#progressivemotherland

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12 hours ago, The Moonster said:

Wish people would stop calling it a tax, it's not.

It's interesting that the troll calls it a tax. It invites the question of how much tax is actually charged on a bottle of wine. As an example, Lidl are currently advertising prices for both Scotland and rUK. Using these figures, we can easily work out the exact amounts.

Cimarosa Australian Merlot is a 13.5% ABV red wine. Last week in Scotland, it cost £3.99. That £3.99 included £2.60 (£2.16 +VAT) of Westminster taxes and duties. The wine itself cost £1.33 (£1.11+VAT). In total, that's £2.88 in taxes & duties (over 72%), all payable to the UK government.

This week in Scotland, the same bottle costs £5.29. Again, the £5.29 includes £2.60 (£2.16+VAT) of Westminster taxes & duties. The wine has increased in price to £2.69 (£2.24+VAT). In total, thats £3.05 in taxes & duties (under 58%) payable to the UK government.

So, when we consider taxes alone, the following conclusions should be drawn:

  1. The tax taken by the UK government on this bottle of wine has increased from £2,88 to £3.05. That's an additional Westminster tax grab of 17 pence per bottle.
  2. The overall tax on the product has reduced from over 72% to under 58%. That's a marginal tax cut of nearly 15% for the retailer.

So, in real terms, the policy has increased retailers' margins & will improve the general health of the Scottish population. Unfortunately, this is at the cost of increasing the taxation taken by Westminster. 

Over to you, Philthetroll

 

 

 

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A number of academic studies have attempted to estimate the price elasticity of demand for alcohol. While these have produced a range of estimates, the majority agree that alcohol conforms to the law of demand, but that it is relatively inelastic. In other words, raising alcohol prices reduces alcohol consumption, but typically the fall in consumption is proportionately a lot smaller than the increase in prices.

Research has also shown that amongst heavy drinkers a 1% increase in prices only leads to a 0.28% drop in alcohol consumption.

As any economist will tell you, trying to use price to reduce consumption when demand is inelastic is almost a futile policy.

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9 hours ago, lichtgilphead said:

It's interesting that the troll calls it a tax. It invites the question of how much tax is actually charged on a bottle of wine. As an example, Lidl are currently advertising prices for both Scotland and rUK. Using these figures, we can easily work out the exact amounts.

Cimarosa Australian Merlot is a 13.5% ABV red wine. Last week in Scotland, it cost £3.99. That £3.99 included £2.60 (£2.16 +VAT) of Westminster taxes and duties. The wine itself cost £1.33 (£1.11+VAT). In total, that's £2.88 in taxes & duties (over 72%), all payable to the UK government.

This week in Scotland, the same bottle costs £5.29. Again, the £5.29 includes £2.60 (£2.16+VAT) of Westminster taxes & duties. The wine has increased in price to £2.69 (£2.24+VAT). In total, thats £3.05 in taxes & duties (under 58%) payable to the UK government.

So, when we consider taxes alone, the following conclusions should be drawn:

  1. The tax taken by the UK government on this bottle of wine has increased from £2,88 to £3.05. That's an additional Westminster tax grab of 17 pence per bottle.
  2. The overall tax on the product has reduced from over 72% to under 58%. That's a marginal tax cut of nearly 15% for the retailer.

So, in real terms, the policy has increased retailers' margins & will improve the general health of the Scottish population. Unfortunately, this is at the cost of increasing the taxation taken by Westminster. 

Over to you, Philthetroll

 

 

 

 "Westminster tax grab"

 

Sorry, credibility lost right there.  Taking UKBad to the same gutter as Phil and his SNPBad.

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