
Originally Posted by
Vindec
The Labour Party has come up with a brilliant wheeze which many people believe. Let's use a windfall tax to pay for the energy increases and tax these nasty companies they say. That will go down well with the population.
The reality is that a second windfall tax (over and above the 65% they already pay) won't go anywhere near paying for the energy crisis but who cares if that brilliant idea will get one over on the Tories. They must think we are dumb but clearly the population must be if they really believe a second windfall tax is the answer to their problems. The amounts of money required are eye watering and it is only economic growth that will get us out of this mess. The public won't end up paying that much (only 30.3% of income tax is accounted for in government revenue) which is the belief of many. If the economy stagnates we are stuffed.