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By (user no longer on site) OP 10 weeks ago
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Fuel duty raises around £24 billion a year, although a small percentage of this does come from red diesel and gas oil for agricultural and building trade vehicles, and heating homes that don’t have mains gas.
So what taxes are going to be increased to replace this? The figure represents roughly a 3% increase in the basic rate of income tax. |
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By *otMe66Man 10 weeks ago
Terra Firma |
Pay per mile, ULEZ, CAZ and many other punitive measures that are eating away at the edges .
It is an interesting point, mostly overlooked for the "benefits" return, how will future economies function if taxes become purely paying more.
People do not like paying taxes on their goods and services but they will stomach them as they feel they are getting a return, take away the return and it becomes a much harder pill to swallow. |
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"Pay per mile, ULEZ, CAZ and many other punitive measures that are eating away at the edges .
It is an interesting point, mostly overlooked for the "benefits" return, how will future economies function if taxes become purely paying more.
People do not like paying taxes on their goods and services but they will stomach them as they feel they are getting a return, take away the return and it becomes a much harder pill to swallow. "
Non electric vehicles pay by mile now - the more miles you drive the more fuel you use the more tax you pay. It is just called a different thing.
Tolls have been used for centuries to cross bridges, rivers etc. The fact that they seriously inhibit the economy is a different factor but none of this is new. The only thing that has changed is the name. |
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By *otMe66Man 10 weeks ago
Terra Firma |
"Pay per mile, ULEZ, CAZ and many other punitive measures that are eating away at the edges .
It is an interesting point, mostly overlooked for the "benefits" return, how will future economies function if taxes become purely paying more.
People do not like paying taxes on their goods and services but they will stomach them as they feel they are getting a return, take away the return and it becomes a much harder pill to swallow.
Non electric vehicles pay by mile now - the more miles you drive the more fuel you use the more tax you pay. It is just called a different thing.
Tolls have been used for centuries to cross bridges, rivers etc. The fact that they seriously inhibit the economy is a different factor but none of this is new. The only thing that has changed is the name."
Fuel taxes are just about tolerated, because it is an embedded tax.
Replacing it with usage charges changes the view of the tax and the revenue potential. The tax will become very visible and more likely to become behaviour linked and open to loopholes / avoidance.
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By (user no longer on site) OP 10 weeks ago
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"Pay per mile, ULEZ, CAZ and many other punitive measures that are eating away at the edges .
It is an interesting point, mostly overlooked for the "benefits" return, how will future economies function if taxes become purely paying more.
People do not like paying taxes on their goods and services but they will stomach them as they feel they are getting a return, take away the return and it becomes a much harder pill to swallow.
Non electric vehicles pay by mile now - the more miles you drive the more fuel you use the more tax you pay. It is just called a different thing.
Tolls have been used for centuries to cross bridges, rivers etc. The fact that they seriously inhibit the economy is a different factor but none of this is new. The only thing that has changed is the name.
Fuel taxes are just about tolerated, because it is an embedded tax.
Replacing it with usage charges changes the view of the tax and the revenue potential. The tax will become very visible and more likely to become behaviour linked and open to loopholes / avoidance.
"
I also think that petrol and diesel have been taxed for so long, people don’t really think about it. But a new pay per mile tax is looked at completely differently |
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