Quote Originally Posted by Vindec View Post
I didn't say we should have a windfall tax either. I said neither as you well know although I see you seem to have dodged the question when I asked when did I say there shouldn't be a windfall tax. The reality is that there is no such thing as a watertight tax policy as the clever accountants (as you describe them) will always find a way to avoid paying tax.As global companies, if they don't like one countries rules they will move their tax base elsewhere. Of course if anyone can convince me that a second windfall tax will come anywhere near funding the energy crisis then I'm in. But you know, as well as I do, that such a tax is unlikely to be the panacea His Majesty's opposition claim it to be.
Why would it need to come near to funding it to be worthwhile? Are you going to have the same opinion when the government cuts services to pay for this increase in debt? 'there is no point cancelling that as it won't fully pay off the debt', I doubt it.

I remember seeing a figure of 30-40 billion over 2 years being very achievable. That covers a decent part of the cost and ensures that people buy into it as those currently with the broadest shoulders have paid what appears to be a fair share.

The alternative is that oil and gas companies spend the next few years profiting from war, every British person funding their excess. That tickle your fancy?