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ralphmalph

Poll: Will The Torys Bring In A Fuel Stabiliser

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The arguments for are that because duty and vat on fuel are percentages not fixed amounts the tax that is going to be raised at the current price is 2billion more than forceast in the budget. Fixing the fuel also will help to tame inflation as it is one if not the major cause. Makes Cameron seem to be on the peoples side

Arguments against: Rising fuel prices means peoples wallets are lighter, meaning they have less money to spend so inflation will fall because people go for cheaper options. More tax pays of the deficit quicker meaning Osbourne can bring in tax cuts earlier.

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They will bring it in but they will set the target at current prices, meaning they will increase taxes if the oil prices start to fall, so the high petrol prices will be locked in/

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They will bring it in but they will set the target at current prices, meaning they will increase taxes if the oil prices start to fall, so the high petrol prices will be locked in

Pretty much what I was thinking. The stabiliser will go in if prices look like falling.

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I can't see how price fixing really solves the problem.

If as a nation we can no longer afford fuel, we will just end up riding mopeds and bicycles like the chinese/dutch.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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