Gas-guzzling sportscars to receive purchase tax up to £23K
Discussion
It's about revenue not about the environment, that just provides a convenient cover to pretend it's not a tax. If they cared about the environment they would not have halved the tariff they pay for home solar installations which is a much more positive way to encourage reduced emissions.
Nobody likes taxation but you have to make choices and decide the best way to do it fairly and if you want to, to control consumption. It's pretty obvious that the way to control consumption of petrol and the carbon emission that goes with it is to increase petrol duties. That will do more to reduce consumption than taxing an expensive car that does not get driven very much. Trouble is if you get what you say you want - reduction in petrol consumption - then your tax collection reduces too. That's why using taxes to control people's behaviour is a silly and short term thing.
Tax in the UK is not as high as people like to think. I am in the US now and pay 35% federal tax, 10% state income tax (something the BBC ignore when they compare tax rates)and 9% state sales tax. There is no federal sales tax. HOWEVER this does not cover education or local taxes - my council tax equivalent is $35k a year, and then I still have to worry about health insurance....
Nobody likes taxation but you have to make choices and decide the best way to do it fairly and if you want to, to control consumption. It's pretty obvious that the way to control consumption of petrol and the carbon emission that goes with it is to increase petrol duties. That will do more to reduce consumption than taxing an expensive car that does not get driven very much. Trouble is if you get what you say you want - reduction in petrol consumption - then your tax collection reduces too. That's why using taxes to control people's behaviour is a silly and short term thing.
Tax in the UK is not as high as people like to think. I am in the US now and pay 35% federal tax, 10% state income tax (something the BBC ignore when they compare tax rates)and 9% state sales tax. There is no federal sales tax. HOWEVER this does not cover education or local taxes - my council tax equivalent is $35k a year, and then I still have to worry about health insurance....
otolith said:
Twincam16 said:
They'd never scrap VED. They'd talk about it but never actually do it, lumbering us with an extra tax.
In which case, the proposal doesn't suggest any change at all, because we currently have both annual VED and a large emissions related charge at registration.otolith said:
Twincam16 said:
this were implemented the roads would be full of godawful eco-bubbles within 10-15 years. That's probably what they're trying to achieve anyway, but I can imagine the second-hand market will be a pretty grim place to be in a decade or so if this was the case. Everything will be a timebomb diesel, a thrashy little petrol on its last legs, or a gutless hybrid.
I hate to judge a person by appearances, but this is the man behind the proposal;
He looks like he'd like that.
tPersonally, I'd just like to see something a bit more fair. I have a 1973 TVR 2500M which I use for hill climbes, I keep it taked so I can take it out on a nice day, in the last 12 months its done less than 1000 miles. It costs the same to tax as my 2002 M3 that I use to commute and for business - that can't be right. personally i'd rather see a nominal increase in the tax on petrol, its effectively self regulating. Everyone (including visitors to our shores) pay for what they use, thirsty cars cost more, etc. If you average 10k miles at 30mpg as a nominal ball park against the current rate of tax it would be less than a penny a litre...
Warwick67 said:
Personally, I'd just like to see something a bit more fair. I have a 1973 TVR 2500M which I use for hill climbes, I keep it taked so I can take it out on a nice day, in the last 12 months its done less than 1000 miles. It costs the same to tax as my 2002 M3 that I use to commute and for business - that can't be right. personally i'd rather see a nominal increase in the tax on petrol, its effectively self regulating. Everyone (including visitors to our shores) pay for what they use, thirsty cars cost more, etc. If you average 10k miles at 30mpg as a nominal ball park against the current rate of tax it would be less than a penny a litre...
problem is that as fair as it would be in green terms (yes I do feel faintly queasy typing that!) it would have some fairly hefty effects on the rate of inflation as delivery costs etc would rise drastically, as would the bill to the police, NHS etc (though why the fk the NHS and police have to pay VAT on everything is beyond me... but that's another arguement) irocfan said:
problem is that as fair as it would be in green terms (yes I do feel faintly queasy typing that!) it would have some fairly hefty effects on the rate of inflation as delivery costs etc would rise drastically, as would the bill to the police, NHS etc (though why the fk the NHS and police have to pay VAT on everything is beyond me... but that's another arguement)
Delivery costs should not be affected because the delivery companies would be paying more fuel duty to compensate for the lack of vehicle excise duty. It should be (but probably won't entirely be) on average a zero sum exercise.k the NHS and police have to pay VAT on everything is beyond me... but that's another arguement) Gassing Station | General Gassing | Top of Page | What's New | My Stuff