We don’t need a new ‘Amazon tax’ to save the high street

Philip Hammond, Britain’s Chancellor of the Exchequer, wants to save the UK’s embattled high street. To do that, he’s proposing a tax on online retailers. Hammond hasn’t revealed any details, especially when it comes to how it’ll be applied. It’s also unclear if the tax will apply to all online retailers, or just the well-known behemoths, like Amazon and Very. This is a neccessary move to protect a high street that’s suffered several significant losses in previous years. This year alone has seen the closure of Maplin and Toys R’ Us. Discount retailer Poundworld also very nearly went under, but…

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