Friday, October 7, 2011
ADD YOUR OWN COMMENTS BELOW THIS POST. THEY ARE VERY WELCOME
I keep hearing members of the government claiming that they have cut the price of fuel. This is an outrageous lie. All Osbourne did was not to increase the price further, but the VAT increase remained and this is a huge factor in the cost of fuel, because it is a tax on a tax on a duty and on the producer price. Every penny increase in the producer price is multiplied by 6 at the pump. The fact that the revenue has lost so much as a result of consumer cut backs reveals the sheer stupidity of being so dependent on discretionary spending as a prime source of revenue. Income tax is fairer, more predictable and more stable a source but, because it means that the rich also pay, it is the least preferred.
Its a sad state of affairs that there are some 35m drivers out there, yet on this, one of our biggest financial burdens, petrol & diesel, we have a miserly 1 comment on this forum / blog.
FairFuelUK is the national campaign fighting for lower petrol and diesel prices and is actively supported by:
The FairFuelUK Campaign won the Chartered institute for Public Relations Public Affairs Excellence Award 2012 - Managed by Peter Carroll Associates email: firstname.lastname@example.org
Peter Carroll (founder) 07866 800755, Lynne Beaumont (co-founder) 07885 940945 , Howard Cox (co-founder & communications) 07515 421611