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GOVERNMENT GREED THE REASON FOR HIGH FUEL PRICES, SAYS OFFICE OF FAIR TRADING

By Pete Moore On January 30th, 2013 at 10:49 am

Whoops! That wasn’t supposed to happen.

Government gougers yesterday pre-empted the OFT report into fuel prices by accusing fuel firms of “ripping off” drivers at the pump. This morning the OFT has cut off that stream of bullshit.

According to the BBC, the OFT reports that “A study of competition in the UK petrol and diesel market by the Office of Fair Trading (OFT) has concluded that little action is needed. The evidence gathered by the OFT suggests that at a national level, competition is working well in the UK road fuel sector”.

It also found that “before tax, the UK has some of the cheapest road fuel prices in Europe“. But that’s just it: before tax. The effects of the savage state beast then are clear.

“This report will give only limited comfort to the UK’s 35 million drivers who continue to pay near record prices at the pumps, but the OFT does identify the true cause of drivers’ misery – the chancellor and crude oil prices,” said Prof Stephen Glaister, director of the RAC Foundation.

“About 60% of the pump price is accounted for by fuel duty and VAT and we would now call on retailers to provide a breakdown on till receipts to show exactly what the proportion the Exchequer is creaming off.”

Yes, we are being ripped off – by the State, by inflating oil prices with its monetary inflation, then imposing regulatory costs, then imposing fuel duty and then VAT onto the fuel and duty again. It’s always baffled me why retailers don’t split the price of fuel on till receipts. We don’t pay at around £1.35/litre to BP or Esso. The true cost is less than half, but the State mafia imposes its massive cut. And those vast costs are passed onto all consumers and travellers.

As always, life would be so much cheaper and easier without government greed distorting markets, inflating prices and gouging consumers.

THE BEAST IS ALWAYS HUNGRY

By Pete Moore On January 29th, 2013 at 5:00 pm

Reports The Taxpayers’ Alliance:

We can today reveal that the Coalition Government has raised taxes more than twice as often as it has cut them. In the first analysis of its kind, this Government is shown to have implemented or planned 299 separate tax rises but only 119 separate tax cuts. This means that the Coalition has been responsible for 180 more tax rises than tax cuts since it came to power.

Is Napoleon still holding out?  As someone in these here parts has warned, the savage beast is becoming more desperate and will stop at nothing to devour what’s ours. Every last penny we have it’ll take. Your moral duty is to starve the beast.

DON’T STEAL, SAYS THE MAFIA

By Pete Moore On January 29th, 2013 at 4:27 pm

Ministers have indicated that they believe motorists are being “ripped off at the petrol pump” ahead of an official report into whether consumers are being treated fairly.

Oh do sod off. Of course we’re being ripped off at he pumps. By the chiselling bastards who have the utter cheek to investigate fuel firms! I’m going for a lie down.

28ring8

 

SEE HOW IT WORKS YET, SUCKERS?

By Pete Moore On January 14th, 2013 at 10:32 pm

The Telegraph:

Capture

SLAVES TO THE STATE

By Pete Moore On December 4th, 2012 at 11:54 am

You’ll hear this correctly: some British families are paying being violently robbed by a marginal tax rate of 73 per cent.

I don’t want the get any “benefits” back. I just want the mafia state to give us a break. I knew that the working man was robbed of most of his salary: a great chunk disappears in income tax and NI before most of us get our hands on it, then we’re clobbered by VAT and swinging taxes on booze and fags and fuel. Even when a loved one leaves us a few quid the grasping state puts a gun to our heads for its cut. Everywhere you turn, whatever you do, there’s the taxman with his gun, but SEVENTY THREE per cent?! Medieval peasants were considered serfs because they were robbed of a ten per cent tithe. Oh to be a medieval serf.

It only applies to the working stiff of course. The Power Elite pays a fraction of this marginal rate, often on income which was looted from the productive in the first place. That’s how the high rollers roll. “The state is a gang of thieves writ large”, said America’s greatest economist, but I doubt even he knew the half of it.

God help the next drone who stands in the pub and tells me it’s moral to pay what the law dictates. Don’t make me laugh. I sincerely wish all tax dodgers and evaders and avoiders the very best of British in keeping what’s theirs hidden from the savage beast. That’s moral.

Break’s over tax-serfs, back to work with you. The state has taxes to farm and you’re the dumb cattle.

OH FOR GOODNESS SAKE

By Pete Moore On October 11th, 2012 at 1:36 pm

Is it any wonder that government is so chronically inept when both the politicians and the gatekeepers are this hopeless?

Facebook has been accused of “immoral” behaviour after accounts showed that the social media giant paid a corporate tax bill of just over £238,000 last year, despite estimated revenues of £175m … Facebook’s accounts also showed that the social networking group’s London arm reported a pre-tax loss of £13.9m last year, against a £1.1m profit in 2010.

Well done The Telegraph, corporation tax is levied on profit, not revenue … and there weren’t any profits.

Labour MP John Mann said that it was “disingenuous and immoral” for companies like Facebook to make large sums of money, yet “not pay tax in the countries where they are based”.

Facebook isn’t based in the UK. For the purposes of the EU and its single market, Facebook is based in the Republic of Ireland and it’s EU law which governs international taxation in that single market. Not only is Facebook abiding by that law, it’s doing exactly what that law intends. John Mann – Heaven help us – is a member of the Treasury Select Committee.  If he doesn’t know even this it’s no wonder government screws everything it touches.

IN WHICH I AGREE WITH CAMERON

By Pete Moore On October 10th, 2012 at 8:05 pm

In his speech today to the Tory conference Cameron said (my emphasis):

“Did you hear what Ed Miliband said last week about taxes? He described a tax cut as the government writing people a cheque. Ed…Let me explain to you how it works. When people earn money, it’s their money. Not the government’s money: their money. Then, the government takes some of it away in tax. So, if we cut taxes, we’re not giving them money – we’re taking less of it away. OK?”

Yes! It’s our money. When you take it, without explicit consent, you’re stealing it. So keep your hands to yourself, I do not consent to the state taking a single penny. It is mine, not yours, stop taking that which doesn’t belong to you.

OFT “INVESTIGATES” FUEL PRICES

By Pete Moore On September 13th, 2012 at 3:20 pm

I see that the Office of Fair Trading is investigating fuel prices, inviting submissions along the way. Lemme help them out:

The biggest cut, by far, is taken by the State mafia which imposes a tax, on the top of which is the VAT tax, so a tax is levied on a tax, and every time we refill we’re paying with money which has been taxed before we get it.

If the OFT is concerned about the price of fuel, yet ignores that the vast amount of the cost is tax, it’s all flannel.

ATW QOTD

By Pete Moore On May 2nd, 2012 at 11:11 am

Wasn’t all that long ago, within my parents’ life time if not my own, that you didn’t pay income tax until you were on average or above wages. Now you do if you’re part time on the minimum wage.

That’s Tim Worstall, who’s not old and not harking back that far.

We’re constantly assailed with scandals by which we’re supposed to be outraged. It seems more and more of them are to do with taxes, usually whether some rich man has ponied up enough. The real and constant scandal of taxes, however, is the one which is universally ignored by the pro-State media (which is all of it): that millions of people on low to average incomes pay any tax at all.

“BANK OF ENGLAND INJECTS £50BN INTO ECONOMY”

By Pete Moore On February 9th, 2012 at 4:29 pm

Thus runs the obsequious headline in The Telegraph.

Yes, Central People’s Monetary Committee of Bank of England counterfeits our money yet again, steals yet more of it, chooses to inflate away yet more of its value and stick it yet again to people on private pensions and fixed incomes.

Central People’s Monetary Committee of Bank of England said without more stimulus, “inflation was more likely to fall below the 2pc target in the medium-term”.

Yes, because falling prices, meaning that we become more wealthy, is somehow a bad thing. It remains that state monetary policy is to steal half the value of your money every 35 years.