Petrol busts the pound a litre barrier in the UK

Sep 10, 2005 42 Replies

And you think a private scheme with all those telesales and account chasers etc would be any better? 'Cause it wouldn't - the only difference would be on paper. Until you needed serious or long term care where they just wouldn't want to know.

It's rule one of taxation in a modern society that everyone wants the benefits but that others pay for it.

When you're young, you may want to drive around just for fun in a flash car while living in a bedsit, so things like paying for the education of kids and looking after old people are well down the list. Move on a few years after you're married and housing and education become priorities. Move on a few more years and pensions and health care become more the issue.

I'm not saying the UK has got the balance between state provided services and taxation right for everyone, but then neither has any other country - as it depends on the individual.

I wonder if dropping the fuel tax is a good idea.

Lower prices means more demand.

More demand and a limited supply means higher prices anyway.

But then I cannot relate to $7.50 USD gallons living in the USA as I do.

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