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Sunak and Petrol
Graywisdom
Posts: 42 Forumite
in Motoring
It is now obscene the extra tax that the Chancellor Sunak is gaining from the massive increase in oil/fuel wholesale prices. I believe the total taxation on fuel is now around 45percent Playing Devil's Advocate, I would not be surprised if there is not a group of Treasury officials who are telling him not to lower taxation on fuel so that the Government can balance their books all the quicker!. Surely by now there should be a sliding scale for taxation on oil/petrol (which is a basic necessity) so that the price of fuel stays at a fairly steady figure.
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The government have ‘balanced’ their books about 5 years in the last 50…Im guessing exact years but we almost always run at a deficit.Graywisdom said:It is now obscene the extra tax that the Chancellor Sunak is gaining from the massive increase in oil/fuel wholesale prices. I believe the total taxation on fuel is now around 45percent Playing Devil's Advocate, I would not be surprised if there is not a group of Treasury officials who are telling him not to lower taxation on fuel so that the Government can balance their books all the quicker!. Surely by now there should be a sliding scale for taxation on oil/petrol (which is a basic necessity) so that the price of fuel stays at a fairly steady figure.
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Think the last time we ran at a surplus was at the end of the 90's early 2000's.iwb100 said:
The government have ‘balanced’ their books about 5 years in the last 50…Im guessing exact years but we almost always run at a deficit.Graywisdom said:It is now obscene the extra tax that the Chancellor Sunak is gaining from the massive increase in oil/fuel wholesale prices. I believe the total taxation on fuel is now around 45percent Playing Devil's Advocate, I would not be surprised if there is not a group of Treasury officials who are telling him not to lower taxation on fuel so that the Government can balance their books all the quicker!. Surely by now there should be a sliding scale for taxation on oil/petrol (which is a basic necessity) so that the price of fuel stays at a fairly steady figure.
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All the money that people got paid to sit at home for over a year has to be clawed back somehow just the same as the money people are getting to pay home fuel bills0
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