Wednesday 28 May 2008

That's backatcha, Treasury dude

There's speculation that the UK Government may back away from its plans to raise fuel duties later this year and its sneaky increase in annual licensing fees for older vehicles. However, today's Times quotes an "unnamed official" who says there can't be a full-scale retreat like the recent £2.7 billion giveaway on the 10 pence tax rate. Says the unnamed one: "money doesn't grow on trees".

I'm glad he's got that figured out. And it would be nice if the Government, with its blank cheque for the Olympics and its megabucks defence spending plans (missiles, aircraft carriers), and politicians, with their demand for a £23,000 per year no-questions-asked expense allowance, recognised that money doesn't grow on trees for taxpayers either.

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