Petrol Prices - Are they to high - What can we do about it.

[AndrewT]

What do you mean by 300% mate, is that how much tax we pay mate.

About 31% of the price you pay in petrol is actually for the petrol itself (and its production/delivery). The retailers get about 4% - the rest is duty and VAT.

[rajkan]

That is disgusting. So they could lower the prices if they wanted to.

[kinboshi]

That is disgusting. So they could lower the prices if they wanted to.

The government could reduce the tax on petrol, but would then have to obtain this revenue from elsewhere or alternatively cut spending on pubic services.

[TightEnd]

That is disgusting. So they could lower the prices if they wanted to.

and, to give the counter argument..build less schools, hospitals, prisons etc

[Acidmouse]

Whichever party was in power would do exactly the same, they can't reduce the tax on it else where they gonna get the huge shortfall of cash already spent. It's away with the fairies thinking something drastic can be done.

[rajkan]

That is disgusting. So they could lower the prices if they wanted to.

and, to give the counter argument..build less schools, hospitals, prisons etc
So where did they get the money from before.

[kinboshi]

That is disgusting. So they could lower the prices if they wanted to.

and, to give the counter argument..build less schools, hospitals, prisons etc

So where did they get the money from before.

One argument is that they didn't, which is why the NHS was underfunded, as were the train networks, etc.

[TightEnd]

the uk used to run in financial surplus..finaincial services income mainly but also North Sea Oil

Now we are a net importer of Oil. With higher government spending we now have a big budget deficit.

Reducing petrol taxation is virtually impossible under any political party whilst that is the case, unless it is replaced by higher direct taxation, which is often political suicide

[boldie]

the uk used to run in financial surplus..finaincial services income mainly but also North Sea Oil

Now we are a net importer of Oil. With higher government spending we now have a big budget deficit.

Reducing petrol taxation is virtually impossible under any political party whilst that is the case, unless it is replaced by higher direct taxation, which is often political suicide

I hear the MoD has 67 bilion to spend on Nuclear missiles and 4 Billion on Aircraft carriers that are completely useless unless we're thinking of fighting the Russians again.

[TightEnd]

In an unstable world I would think such defence spending is pretty plausible. In any case its been reduced dramatically over two decades now post cold war

[boldie]

In an unstable world I would think such defence spending is pretty plausible. In any case its been reduced dramatically over two decades now post cold war

I don't mind defence spending at all (in fact I'm for it) but the MoD has been asked to find 15% worth of savings..so they have to cut their costs but we spend 67 billion on a system we will never use...that seems odd to me.

It's not the spending I have a problem with..it's the massive inefficiencies of it.

[boldie]

Just got a quote from a Helicopter company for a job we will be doing up in the Islands (wayyyyyy up north ..even higher than Aberdeen) it's now 33k whereas in January it was 20k ..we now have less flying time but the bill is 50% ish higher.The only reason for the rise in price is the rise in fuel costs 69% higher for a helicopter in the past 5 months. The helicopter company I am dealing with is almost going under because of it...very sad.

[AndrewT]

In an unstable world I would think such defence spending is pretty plausible. In any case its been reduced dramatically over two decades now post cold war

I don't mind defence spending at all (in fact I'm for it) but the MoD has been asked to find 15% worth of savings..so they have to cut their costs but we spend 67 billion on a system we will never use...that seems odd to me.

It's not the spending I have a problem with..it's the massive inefficiencies of it.

We're secretly planning to nuke Holland.

[boldie]

In an unstable world I would think such defence spending is pretty plausible. In any case its been reduced dramatically over two decades now post cold war

I don't mind defence spending at all (in fact I'm for it) but the MoD has been asked to find 15% worth of savings..so they have to cut their costs but we spend 67 billion on a system we will never use...that seems odd to me.

It's not the spending I have a problem with..it's the massive inefficiencies of it.

We're secretly planning to nuke Holland.

lol..you only need 1 nuke..burst the dyke and the country is gone :)l

[AndrewT]

We're secretly planning to nuke Holland.

lol..you only need 1 nuke..burst the dyke and the country is gone :)l

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