Monday, 1 April 2013

WILL WE ALL FALL THROUGH THE CARBON FLOOR?

How fitting that the UK government should introduce the unique Carbon Floor tax on April Fool's Day. This article in the Scotsman sums up the folly of it very well. There seems to be no answer to the question - why inflict an extra burden on a faltering economy? I notice that while the reductions in welfare payments, which also come into effect today, were given very prominent coverage on the news, the new energy tax did not even get a mention. And yet this carbon floor tax will cause more poverty than all the welfare cuts put together as businesses close or move abroad.

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