Compass and the Oil Windfall Tax

Jebus.

Reports that the government is looking to hand out ‘fuel vouchers\’ to those in fuel poverty this winter, at a glance at least, looked like the government had started to listen.

Except that is when you look below the surface at what it actually means and you suddenly get a rude awakening – this is both in practice and principle a poor policy, and certainly not a sustainable policy for helping the fuel poor – the government are seriously missing a trick here.

Firstly what it effectively amounts to is the government using tax payers money to indirectly subsidise an industry that has already reaped the unjust rewards of unearned windfall profits, by giving vouchers to the fuel poor it is indirectly through consumers putting money into the already bursting coffers of the energy companies – this is plain wrong.

There are those of us who noted this about 15 minutes after they first started calling for this idiocy. Why\’s it taken them weeks to wake up to it?

Are they really all idiots?

2 thoughts on “Compass and the Oil Windfall Tax”

  1. an industry that has already reaped the unjust rewards of unearned windfall profits

    Where the fuck does this come from?

    Was the oil and gas industry sat doing nothing when all of a sudden their profits shot up as if by magic?

    Did Microsoft reap the unjust rewards of unearned windfall profits when it discovered the entire world wanted to buy its products?

  2. “Are they really all idiots?”
    Probably some, the rest are just trying to justify “redistribution”.

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