+80% Tax on fuel! Jheeeez. I thought it was like 30-40%
Fuel is taxed twice, rather unjustly. First is the fuel duty, currently a staggering 58p per litre (absolutely disgusting levy under the mask of a "green tax" that goes directly into the government's pocket), and then there's the 20% VAT added on top. Put it this way we are paying more in just tax on our fuel now than it was for the entire product at the beginning of 2009. The previous chancellor was to blame because he jumped aboard the "green train" and put fuel duty up 2p per litre at every opportunity (Budget, pre-Budget report, fiscal reviews, etc.), then has the cheek to blame everything that has gone wrong on the previous (and useless) Prime Minister in his recent autobiography. White haired tosser!
If fuel duty and VAT were taken away, we'd only be paying about 50p per litre at the pumps. Instead, it's a staggering £1.32, and that is one of the main reasons why the economy over here is screwed. Haulage companies and public transport firms are going bust at an alarming rate, and many police forces, fire services and ambulance services have felt the pinch. The cost of food and goods has gone up immensely because companies have had to offset the fuel costs for transport. Yet the government are all aboard the vile green monster scam that is the "global warming let's save the planet" thing. It's an unsolicited con. Put it this way, a small country like the UK is nowhere near the same level of "pumping sh*t" as what China are, in fact it isn't even 0.00001% of what China throws out. It was about £1.32 for a GALLON when I was born, now to you younger people not sure about proper, imperial measurement, a gallon is 4.5 litres. Now it's a little over £6 per gallon and we're all suffering, also the cost of oil isn't helping either, especially as the high cost is pushed by greedy market speculators (especially the likes of JPMorgan) buying the stuff on the cheap then deliberately keeping oil tankers out at sea until they push the price up, then dock, thus, making a huge profit for their pockets. Remember the last time stuff like this happened? It was only 3 years ago, it was the credit crunch, when the bankers played extreme roulette with everyone's money!
For any Americans reading this, £1.32 per litre for gas is approximately $8 per US gallon. If gas ever got to that cost over there you'd be rioting in the streets. I'm flying to the US this Saturday actually for a holiday, and it's only $3.60 per gallon on average (and you're complaining!). Which equates to 59p per litre, based on the current exchange rate. It hasn't been 59p here since about 1997.