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Re: Sound, fair, plan
I don't think many are saying nothings been done, its just that all these payments your talking about were calculated on the last out of date price cap. With the price cap now reviewed at 3 months these payments are now just pissing in an ocean compared to the bills people will be facing.
Originally posted by JamesWales
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First up, lets stop pretending nothing has been done, as it's just completely false to say that
The Govt has approved a windfall tax on oil and gas producers - raising £5bn.
Secondly, every household will get £66 off each monthly bill this winter. I'll be honest here. My bill is currently £65 and I use about half that. With an increase in costs and with winter coming I may use close to £65. Knock £66 off that, and I will effectively have free energy this winter. Due to the council tax band I'm in, I also got £150 a few months back. I'm lucky, but there will be millions like me, typically in smaller accommodation such as flats.
My kids live with their mum. They will also get £66 off meaning I am certain their bills will be cheaper this winter than last. On top of that they are getting £700 for being on Universal Credit. The elderly and disabled are also getting additional money on top again. Again, lets stop spreading myths that nothing has been done. It has.
That said, I agree, more may be needed, especially for businesses who are facing extraordinary rises which will either just be passed on to consumers fuelling inflation, or lead to closures fuelling unemployment.
I think the answer has to be greater taxes on those energy producers, perhaps removing the wealthiest from the £66 reductions as well as knocking some VAT and green levies off bills for a year or so. I also think that any business loans should come with clear payback mechanisms with increased corporation tax for a set period. Loads of the breweries asking for cash have made big profits in the past - they should have saved some of that for rainy days.
Not sure increasing taxes on any business with a turnover of £100,000 or more would help, as many of those are the most vulnerable at the moment.
At the end of the day the answer is also reducing consumption, which will save us all money as well as being the right thing to do sustainably.
The Govt has approved a windfall tax on oil and gas producers - raising £5bn.
Secondly, every household will get £66 off each monthly bill this winter. I'll be honest here. My bill is currently £65 and I use about half that. With an increase in costs and with winter coming I may use close to £65. Knock £66 off that, and I will effectively have free energy this winter. Due to the council tax band I'm in, I also got £150 a few months back. I'm lucky, but there will be millions like me, typically in smaller accommodation such as flats.
My kids live with their mum. They will also get £66 off meaning I am certain their bills will be cheaper this winter than last. On top of that they are getting £700 for being on Universal Credit. The elderly and disabled are also getting additional money on top again. Again, lets stop spreading myths that nothing has been done. It has.
That said, I agree, more may be needed, especially for businesses who are facing extraordinary rises which will either just be passed on to consumers fuelling inflation, or lead to closures fuelling unemployment.
I think the answer has to be greater taxes on those energy producers, perhaps removing the wealthiest from the £66 reductions as well as knocking some VAT and green levies off bills for a year or so. I also think that any business loans should come with clear payback mechanisms with increased corporation tax for a set period. Loads of the breweries asking for cash have made big profits in the past - they should have saved some of that for rainy days.
Not sure increasing taxes on any business with a turnover of £100,000 or more would help, as many of those are the most vulnerable at the moment.
At the end of the day the answer is also reducing consumption, which will save us all money as well as being the right thing to do sustainably.
I don't think many are saying nothings been done, its just that all these payments your talking about were calculated on the last out of date price cap. With the price cap now reviewed at 3 months these payments are now just pissing in an ocean compared to the bills people will be facing.
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