Windfall taxes...and how does that help?

[tonyvid]

The gas price rise has reminded me...

Burglar Brown and his merry men have been muttering about hitting the energy providers and oil companies with windfall taxes on their high profits - just how does this benefit me exactly? I don't get any government handouts or have kids and will never get some sort of handout for my bills so I expect BP et all will just be working as unpaid tax collectors. Surely, the Government should try and exercise some control over energy provision rather than just blatantly let prices be high and cream off the top?

[hornetrider]

Oh yes, I agree completely. Regulate the fkers in the first place I say. A windfall tax does bugger all as it's still coming out of my pocket into someone else's.

[Neil_Sc]

Surely the businesses would up their prices accordingly to cover said windfall tax.

We all get hit and the govt get more tax. s!

[tonyvid]

Neil_Sc said:

Surely the businesses would up their prices accordingly to cover said windfall tax.

We all get hit and the govt get more tax. s!

Yes, yes, yes. So we spend even more!!! Thanks for that, I hadn't thought about that aspect

[Vesuvius 996]

Listen up.

Windfall taxes are nothing more than a marxist dogma.


Just a way of punishing success by taxing, so that more votes of the feckless and lazy can be bought.

[Munter]

Vesuvius 996 said:

Listen up.

Windfall taxes are nothing more than a marxist dogma.


Just a way of punishing success by taxing, so that more votes of the feckless and lazy can be bought.

Basically. That and currently the Gov is short of cash due to crap planning so is grabbing it from any and every place it can. Fine we need the money. But we should have known this day would come and have been putting £££ in a nice big pot ready.... Where is that pot Mr colourofst?...

[meagain]

If the government are planning a windfall tax on petrol companies because of extra profits due to higher prices, surely we then should get a tax refund as the government has made more money in fuel duty as well, so am I right in demanding that we impose a windfall tax on the chancellor?

[Jasandjules]

IT benefits no-one but the self serving scum.

Now if they said the windfall tax was split equally amongst the people who pay the energy bills, that would be a different matter.