Thursday, Feb 28, 2008
Government trying to force down CPI by the back door!
Telegraph: Alistair Darling to threaten gas firms with tax
Alistair Darling is threatening to land gas companies with a windfall tax unless they cut bills for their customers.
Posted by tyrellcorporation @ 07:02 AM (771 views) Add Comment
10 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. tyrellcorporation said...
Ahhh, that's nice of him, he's looking out for me and really wants my bills to be lower. More blatant interventionism from The NuLabour Project. I despair (again).
2. Non-non-dom said...
Darling should tax oil companies' huge profits before gas companies.
Oh, silly me - I forgot, oil companies lose money on operating refineries and selling petrol in the UK.
This won't reduce inflation, only help to reduce the government's record deficit.
"If I paid no tax, I would be rich"
Signed: non-non-dom
3. hpwatcher said...
Alistair Darling is threatening to land gas companies with a windfall tax unless they cut bills for their customers
And I bet he is only interested in those which are directly related to CPI...what a con man.
4. Orwell said...
Ooooooo Dahling..... I didn't know you cared so much!
When can we take them back into public ownership?
5. rickyb said...
These people have to be seen to be doing something I suppose, and it's energy bills that are probably the most obvious indication that we are experiencing price inflation. Unfortunately there is little that can be done to control inflation now, as price inflation now is the result of past money supply growth. Politicians and central bankers will always try to blame energy and food suppliers for current inflationary woes.
6. paul said...
I find it astonishing that the Chancellor of the Exchequer feels it his right to order commercial businesses to do business to meet his political aims and interests.
He orders banks to pass on interest rate cuts (when doing nothng of the sort for savers when interest rates rise) and now orders gas firms to lower prices when inflation is soaring because of his and his bosses mismanagement of the economy.
7. fahrenheit451 said...
Don't they realise, that they will jsut pass on the tax as another increase !!!
How about doing the job properly and Nationalise the power companies, or even just set the (maximum) prices that they can charge.
8. Letthemfall said...
Capt Darling simply has to quote the core inflation rate - which I believe excludes energy and other "volatile" items - if he's worried about rising prices. And if any other items become volatile (start going up) he can exclude those too. Simple. I'm sure none of us will notice.
9. Plato said...
So ---------- lets all pay higher commodity prices so that these profits can be turned into extra taxation.------------- CLEVER!!!!!!!
10. Fed Up said...
Windfall tax or no, the real issue is that the energy companies now operate a cartel