Tuesday, Jul 29, 2008
Crazy, but it might just work ...
FT: Labour MP tells premier to resign for sake of party
Not the PM resigning bit, this bit: "Another Labour MP, Rob Marris [Wolverhampton South West], called on Mr Brown to consider imposing one-off taxes on oil companies and on banks, as part of setting a "clear direction"."
Posted by mark wadsworth @ 08:46 PM (727 views) Add Comment
15 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.
1. tyrellcorporation said...
Why tax oil companies even further? Please explain how this will help? How about cut fuel taxes first. You don't need to tax banks further either, merely don't bail them out with tax-payers money when it hits the fan.
Surely we want less taxation not more??!!??
2. jack c said...
Why should any company face a windfall tax? - there is an agreed level of corporation tax in this country and the Gov should stick to those levels set in the most recent budget - we need less taxation in UK PLC not more to stimulate enterprise and endeavour. For those that advocate higher taxation and windfall taxes how about sampling a windfall tax of say 75% on your December 2008 salary?
3. shipbuilder said...
Why not? Let's have some of our money back.
4. mytimeisnigh said...
They'll just pass the cost on to the consumer.
5. harold said...
"Surely we want less taxation not more??!!??"
Amen to that. Government just wastes it.
6. planning4acrash said...
Tyrell, exactly, cut taxes to the consumer. We don't want bigger government. Government is big enough already!
7. handle_it said...
Any extra revenue raised would just be given back to another pocket in the same suit. It's pretty much got to a point where it's just wooden dollars. Until there's a fundamental change in government (not so called leaders) nothing will change.
8. planning4acrash said...
But, lets not forget, taxes are really a small part of the equation. It is devaluation of our currency and inflation that are the major causes of high prices. It is the B(w)ank of England, Feral Reserve and European Central B(w)ank that are to blame for printing money and causing inflation. Government are to blame for being complicit. They are in league, Corporate Socialism.
9. drewster said...
One-off taxes on banks? The banks don't have any money any more, they've been reduced to begging from the Bank of England!
10. uncle tom said...
'Windfall tax' is just a polite way to advance the cause for state theft. The money belongs to the shareholders of the companies concerned, and a large proportion of those will be UK pension funds. It is not free money for the taking.
Retrospective taxation will only serve to deter big business from basing themselves in this country.
11. it_is_going_with_a_bang said...
Well from what I've seen the government has made ALOT of money from increased oil prices anyway. That is a windfall in itself - at least 7 p per litre extra now than they were getting last year just on VAT.
Retrospective anything is simply unfair. Government should be able to think of policies before the event and not after it. It is just a sign of weak government. The phrase Windfall tax is just used to try and stoke up political support for a government.
As has already been said, alot of pension funds etc have invested in these companies. Let those funds at least get their rewards.
12. nopensionnohouse said...
This test only has one question, but it's a very important one. By giving
an honest answer, you will discover where you stand morally.
The test features an unlikely, completely fictional situation in which you
will have to make a decision.
Remember that your answer needs to be honest, yet spontaneous.
Please scroll down slowly and give due consideration to each line.
THE SITUATION:
You are in England , York to be specific.
There is chaos all around you caused by a hurricane with severe flooding.
This is a flood of biblical proportions.
You are a photo-journalist working for a major newspaper, and you're
caught in the middle of his epic disaster. The situation is nearly
hopeless.
You're trying to shoot career-making photos.
There are houses and people swirling around you, some disappearing into
the water. Nature is unleashing all of its destructive fury.
THE TEST:
Suddenly, you see a man in the water.
He is fighting for his life, trying not to be taken down with the debris.
You move closer... Somehow, the man looks familiar...
You suddenly realise who it is... It's Gordon Brown! You notice that the
raging waters are about to take him under forever. You have two options:
You can save the life of Gordon Brown or you can shoot a dramatic Pulitzer
Prize winning photo, documenting the death of one of the country's most
powerful men!
THE QUESTION:
Here's the question, and please give an honest answer...
Would you select high contrast colour film, or would you go with the
classic simplicity of black and white?
13. Iain Greig said...
I fail to see how taxing banks aids the situation. Tax payers pay extra tax to bail out banks, the government then taxes the profits made(one day), and then squanders the proceeds on more stupidity. A sensible labour policy would be to have a general election- then the party would be able to get out of the trough and listen to the elctorate.
14. bystander said...
Brilliant Nopensionnohouse - personally I'd go for a sepia filter to really add pathos.
15. Stevie Dee said...
Who voted for LABOUR in the first place? I didn't. But the managed to be elected for 3 consecutive terms.. LOL. Bring on David Cameron (a Libran like Thatcher), and if you know your astrology, Librans are quite the control freaks too. Just read or watch Alan Clark Diaries.