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Should the Governenment impose a big windfall tax on energy companies? Yes or no answers.
No. They are already tax the shit out everything they make, it is already one of the biggest sources of money for the government.
What do you really think?
I posted it twice. \o/
no if they're using renewables
energy prices wouldn't be soaring and a windfall tax wouldn't be necessary?
the tax should be used to force energy companies into realising cost-effective renewable energy
It would be a bit rich considering that a significant part of our present troubles with resources can be put down to short-sighted goverment policies.
But then again, fuck that, I want cheap shit and I nearly always want it now.
that's a bit steep
takes home £16k. Make this man an MP
...a 49% tax bracket starting at 30k.
So they'd be taxed the same as everyone else and would lose 0.49 pence of their 1p over 30k.
I still think it's a bit steep, I'd be fucked off to be paying 49% tax when I'm only 25 and still at the bottom of the career ladder.
bad idea I'd say
I'm not saying you're lying, but I find that hard to believe. I thought the national average was around £22k, or something in that region. Either way, £30k per annum = around £2k a month after tax, which if you have a family to feed, mortgage, bills, car etc. isn't that much
works out at well under 2k a month after tax. Much nearer £1650.
I should add
At a guess.
in 2003, 10% of the population was earning more than 33,000 a year. With inflation at 3% that would be equivalent to 40,000 today.
So, 10% of the population (probably) earns more than £40,000, meaning much more than 5% earn more than £30,000
Its going to be the only way to manage things properly, cos of the way that things will unfold (I know you will think this is neither workable or ethical.....but that is based on your expectations of the future.....which are flawed......because if your expectations are more accurate then you would fully appreciate the need for such radicalism)
poke them with the tax stick to put their cash on renewables
following that the government should use regulatory powers to cap prices, and it should recycle the £400m in extra VAT revenue that it's receiving from fuel price increases to fund measures aimed at properly helping those in fuel poverty.
In the longer term I want utlities put back into public ownership, not left to market forces and private profit.