Thread: Inflation down
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Old 15-11-2011, 15:03   #13
Osem
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Re: Inflation down

Quote:
Originally Posted by denphone View Post
l cannot see the planned duty rises not happening as they are desperate to get every penny from us as they possibly can.
Their need for money is well known as is its root cause. The question is could HMG raise more revenue by NOT increasing duty on this occasion. In better days people have paid up and not drastically altered their usage of fuel. Now I believe we're at the point where each increase results in lower fuel sales. HMG needs to know at what point does the reduction in fuel sales outweigh the increased revenue though increased duty on lower volumes?
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