They didn't create this mess but they aren't exactly falling over themselves to sort it out. "These are tough times, we're all in this together, the mess we inherited"
Thats only going to last so long.
Better fill those tanks -Fuel protests are coming back!
- Thread starter Gun9
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They didn't create this mess but they aren't exactly falling over themselves to sort it out. "These are tough times, we're all in this together, the mess we inherited"
Thats only going to last so long.
Portugal doesn't. IIRC the tax is done on the class of car. But its over £60 a year for an average car. Unleaded is currently running at around 1.60€, so apx 5p more than ours.
All swings and roundabouts.
and leave a funding gap?
Soldato
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We have a massive budget deficit so NO taxes are coming down soon and quite rightly.
Maybe when the economy isn't it such a parlous position it might be time to think about bringing the duty down but it isn't going to happen anytime soon.s
Maybe when the economy isn't it such a parlous position it might be time to think about bringing the duty down but it isn't going to happen anytime soon.s
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
Hmmm, I'm not sure what I think about this. Logic dictates if you lower taxes you create a funding gap. But remember, they've been increasing the tax steadily over the past few years. And of course the tax take from VAT and tax on oil production increases the revenue to the treasurey as oil price rises.
Therefore it's all extra money they've only had in the last few years.
If they suddenly put VAT to 50% tommorrow, would you post 'There would be a funding gap!' if people called for it to go back to 20% a month later?
I think its sort of the same thing..
I don't know what they have planned for protests, the go slows would be a minor inconvenience and unlikely to effect me or for that matter the government. Convoys into London should make someone happy with the congestion charge. Blockading the refineries and stopping fuel getting t the pumps is iffy thanks to the terrorism laws but if the tanker drivers/refinery people decide to join in then we could see a repeat of last time.
Unfortunately the long and short of it is the government will do what it wants, look at the amount of people at the student protests! After all it is a democracy and we voted them in!
At the last fuel protests I did not drive or rely on a car but this time my tank only lasts 4 trips to work at the very limit!
Unfortunately the long and short of it is the government will do what it wants, look at the amount of people at the student protests! After all it is a democracy and we voted them in!
At the last fuel protests I did not drive or rely on a car but this time my tank only lasts 4 trips to work at the very limit!
I expect/hope when when OBR looked at the ecomony they took the projections for tax income and the VAT increase into consideration when trying to reduce the deficit. To take or reduce one of those incomes would disrupt their projections.
However as mentioned above, people are starting to take alternatives to driving and this can only reduce the amount of fuel being purchased and therefore fiscal income.
Also, the government is also benefiting from from the increasing oil prices through taxation leading to an extra few hundred million in the coffers.
They will be in no rush to set up a fuel stabiliser.
However as mentioned above, people are starting to take alternatives to driving and this can only reduce the amount of fuel being purchased and therefore fiscal income.
Also, the government is also benefiting from from the increasing oil prices through taxation leading to an extra few hundred million in the coffers.
They will be in no rush to set up a fuel stabiliser.
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The problem is that if it gets to a certain level we'll experience demand destruction - even a price inelastic product such as petrol reaches a price where most of the consumers simply cannot afford to buy it any more. This would be a very bad thing for our economy.
Yup, and only then will they react. I do feel they are testing our patience!
Edit: I was going through receipts the other day and found one from 2 months ago. The same petrol station is now 20ppl more expensive. If they ever do get round to reducing taxation or a Fuel price stabiliser £1.20 will look cheap!
Edit: I was going through receipts the other day and found one from 2 months ago. The same petrol station is now 20ppl more expensive. If they ever do get round to reducing taxation or a Fuel price stabiliser £1.20 will look cheap!
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Try Greece - unleaded at 1.60eu/litre, V max at 1.80eu/litre
Road tax for a 1400cc car is over 300 euro per year, 2000cc is almost 600 euro & over 2400cc is almost 800 euro...
Makes our road tax & fuel prices seem fair!
You're only talking ten pence over our average, and some of our max prices are over their average.
Is a bit more expensive but the scales are not easy to compare. Anyway, given the near collapse and debt they have it's not suprising some taxes have gone up.
Given the fact we used to pay more simple, significantly less expensive tax, what we have now is a complete and utter rip off.
Heres a good one. I just got a tax rebate of a whopping £1.89.
It probably cost more than that to send me the cheque.
Any rebate under £5 stays in the pot to fund to help fund the rate raise halt for 12 months. Should save a few quid.
Yeah, its become a cliche line. But its true.
The budget is very complicated and delicate. The slightest change could have huge outcomes (be they positive or negative). Any proposed changes will take time to come into play.
Anyone expecting the new party to jump in and start fiddl'n with the numbers was wrong.
Although not a lot has been said in the general media there are fuel protests due across the country over the coming weeks.
The rising cost of crude, partly due to speculation and partly down to the government’s need to raise tax whilst being green, continues to be a worry for the ordinary person in the street as they realize that it will have a decidedly adverse impact on their lives over the coming months.
Facebook, petitiononline and causes.com all have pages dedicated to the cause of keeping fuel prices down like Facebook’s open group ‘Protest Against Rising Fuel Prices‘ and PetitionOnline’s ‘Reduce Petrol Tax‘.
Angela Hall has posted a petition to ‘Keep Fuel Below £1.00 per Litre‘. As the speculators are not listening and will never listen unless there’s money in it for them, then one assumes therefore that this is aimed at the government and the tax system.
It lists some upcoming fuel protest events:
Sat Jan 22: 10:00 am at Coryton Oil Refinery – SS17 9LL.
Fuel Nozzle 150x150 Find a fuel price protest near you!Sat Feb 5: 08:00 am to 10:30 pm (22:30 for you old soldiers) at Dundee (Camperdown) Oil Refinery – DD1 3LG, Grangemouth Oil Refinery – FK3 9XQ, North Tees Oil Refinery – TS6 8JE, Killingholme, Grimbsy – DN40 3LW, South Killingholme – DN40 3DW, Eastham Oil Refinery, South Wirral – L65 1AJ, Stanlow (Shell) South Wirral L65 4HB, Milford Haven – Milford Haven Dyfed SA73 3JD, Pembroke (Texaco) – Pembroke Dyfed SA71 5SJ, Coryton (BP) Stanford-le-Hope Essex SS17 9LL, Fawley (Esso) SouthamptonHants SO45 1TX.
Sat Feb 19: 11:30 am – 04:00 pm (16:00) – go slow in London, Clacket Lane service station TN16 2ER between J5 and J6 clockwise M25.
For more information and to gauge the level of interest visit the relevant social media pages.
Read more: http://www.economicvoice.com/upcoming-fuel-price-protests/50015872#ixzz1BZcQBRwf
The rising cost of crude, partly due to speculation and partly down to the government’s need to raise tax whilst being green, continues to be a worry for the ordinary person in the street as they realize that it will have a decidedly adverse impact on their lives over the coming months.
Facebook, petitiononline and causes.com all have pages dedicated to the cause of keeping fuel prices down like Facebook’s open group ‘Protest Against Rising Fuel Prices‘ and PetitionOnline’s ‘Reduce Petrol Tax‘.
Angela Hall has posted a petition to ‘Keep Fuel Below £1.00 per Litre‘. As the speculators are not listening and will never listen unless there’s money in it for them, then one assumes therefore that this is aimed at the government and the tax system.
It lists some upcoming fuel protest events:
Sat Jan 22: 10:00 am at Coryton Oil Refinery – SS17 9LL.
Fuel Nozzle 150x150 Find a fuel price protest near you!Sat Feb 5: 08:00 am to 10:30 pm (22:30 for you old soldiers) at Dundee (Camperdown) Oil Refinery – DD1 3LG, Grangemouth Oil Refinery – FK3 9XQ, North Tees Oil Refinery – TS6 8JE, Killingholme, Grimbsy – DN40 3LW, South Killingholme – DN40 3DW, Eastham Oil Refinery, South Wirral – L65 1AJ, Stanlow (Shell) South Wirral L65 4HB, Milford Haven – Milford Haven Dyfed SA73 3JD, Pembroke (Texaco) – Pembroke Dyfed SA71 5SJ, Coryton (BP) Stanford-le-Hope Essex SS17 9LL, Fawley (Esso) SouthamptonHants SO45 1TX.
Sat Feb 19: 11:30 am – 04:00 pm (16:00) – go slow in London, Clacket Lane service station TN16 2ER between J5 and J6 clockwise M25.
For more information and to gauge the level of interest visit the relevant social media pages.
Read more: http://www.economicvoice.com/upcoming-fuel-price-protests/50015872#ixzz1BZcQBRwf
Maybe they should go to the Governent buildings in London and smash up the place
I have just received an email suggesting a boycott of the two biggest petrol companies, Esso & BP. No "direct action" at refineries, the government are wise to that one, it means taking time off work (and costly travelling) and the knock-on impact to the nation as whole is a negative side-effect which out-weighs the message.
"Attacking" the big petrol companies where it hurts - their profits, their shareholders dividends, their managers' bonuses - has got to be a more sensible approach, and it can be carried on for weeks, month, years...!
The market is full of alternative suppliers,so send a message to the big companies by taking your money elsewhere.
Remember, when the people talk, the government ignores them but when big business talks, the Government listens.
"Attacking" the big petrol companies where it hurts - their profits, their shareholders dividends, their managers' bonuses - has got to be a more sensible approach, and it can be carried on for weeks, month, years...!
The market is full of alternative suppliers,so send a message to the big companies by taking your money elsewhere.
Remember, when the people talk, the government ignores them but when big business talks, the Government listens.
Caporegime
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- Not this again, i wish people would GET A CLUE, 80% of the general public are total morons.Sadly protests and / or riots will only make things worse.
Group of people decide to block refineries > Demand for petrol Grows > Oil Cartel rubs hands in glee > Investors do the same > Cartel raises the price of oil > Protestors look flabbergasted
Group of people decide to block refineries > Demand for petrol Grows > Oil Cartel rubs hands in glee > Investors do the same > Cartel raises the price of oil > Protestors look flabbergasted