Reply to Re: OT:Petrol

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Posted by Dr Zoidberg on 09/13/05 14:03

Gunther Gloop wrote:
> Tinkapace wrote:
>> Look its simple the Government has to raise money, fuel tax ain new
>> so its not there fault, if they reduce it who makes up the difference
>> ? As a country we have an income just like an individual or familly.
>> If its reduced there is less money to spend. Unless they tax
>> something else or reduce spending simple as that. Its not like its a
>> new tax is it I am all for paying less cash but I do not want it just
>> shifted somewhere else because I drive and it effects me.
>
> I really don't want to get into a stoopid argument about this, but
> biggest hole in the above is that they don't have to "make up" for
> lost taxes when they're coining-in more money as it is from existing
> taxes. ie. eg. they were getting 17% of 80p. Now they're getting 17% of
> 1.
>
They don't get 17% of the pump price , but 14.9%.
The "recent" increases of about 15p per litre means that the government gets
an extra 2.2 pence per litre. The rest of the increase is all down to oil
costs.
Even if they handed that back so that the tax revenue is the same as when
fuel was at 82p a litre then you are only getting a 2.2p per litre drop so
fuel will still be in the mid to high 90s


That makes only a tiny difference. For an "average" driver doing 12000 miles
a year at 35mpg that would reduce their weekly fuel bill by 62 pence.

Wow , big fuckin deal.
Is there anyone here who can honestly say that that 62p will make much of a
difference to them?

--
Alex

Hermes: "We can't afford that! Especially not Zoidberg!"
Zoidberg: "They took away my credit cards!"

www.drzoidberg.co.uk www.ebayfaq.co.uk

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