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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 494.42+3.8%Jan 28 4:00 PM EST

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To: THE ANT who wrote (64460)6/26/2010 7:23:36 AM
From: elmatador  Read Replies (2) of 219852
 
Consumption taxation starts. Uk cars taxes from 17.5% to 20%

Aims to increase revenue 13 billion pounds. That will cover only 23% of the deficit. Which it needs to end in five years time.

The increase means a 20.000 pounds car will carry additional 500 pounds of taxes.

also fuel is going to be much heavily taxed. Before elections labour government had already announced two fuel tax increase.

This is the shape of things to come as consumption will be taxed more and more.
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